Credit rating reflects macroeconomic strain

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VietnamNet English 2 month(s) ago

Credit rating reflects macroeconomic strain

VietNamNet Bridge – Early this year, Fitch Ratings affirmed Viet Nam's sovereign rating at B+ with a stable outlook. With Viet Nam determined to restructure the whole economy with a focus on the banking system, Viet Nam News reporter Mai Huong talked with Ambreesh Srivastava, senior director of Fitch Ratings's Financial Institutions, South Asia, about the problems facing the domestic banking system.

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Fitch reaffirms nation's B+ rating, stable outlook

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VietNam News English 5 month(s) ago 2 duplicate news

Fitch Ratings on Tuesday affirmed Viet Nam's long-term foreign and local currency-issuer default ratings (IDRs) at ‘B+', with a stable outlook. The ratings agency also affirmed the country ceiling at ‘B+' and the short-term foreign-currency IDR at ‘B'.

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Fitch affirms VN at 'B+'; stable outlook

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Báo điện tử CP English 5 month(s) ago

VGP - Fitch Ratings affirmed Viet Nam's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+'. The Outlooks on the ratings are Stable. The agency has also affirmed the Country Ceiling at 'B+' and the Short-Term Foreign-Currency IDR at 'B'.

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HAGL boss poised to earn most money from bourse

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Báo Đầu Tư English 7 month(s) ago

HAGL boss poised to earn most money from bourse

The chairman of the multi-business conglomerate Hoang Anh Gia Lai is on pace to be the man with the highest increase in equities ownership in Vietnam this year.

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Vietnamese banks' ratings reflect heightened risks: Fitch

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Hanoi Times English 8 month(s) ago

The Hanoitimes - The major Vietnamese banks' ratings largely reflect difficult domestic operating conditions and other structural issues typically found in low-income emerging markets, said Fitch Ratings in a recent report.

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Fitch drops Hoang Anh Gia Lai's ratings, as requested

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Báo Tuổi Trẻ English 8 month(s) ago 1 related news

Fitch drops Hoang Anh Gia Lai's ratings, as requested

The Fitch Ratings Agency has withdrawn the ratings for Vietnam-based property developer Hoang Anh Gia Lai Joint Stock Co (HAGL).

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Vietnamese banks' ratings reflect heightened risks: Fitch

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Báo Tuổi Trẻ English 8 month(s) ago

Vietnamese banks' ratings reflect heightened risks: Fitch

The major Vietnamese banks' ratings largely reflect difficult domestic operating conditions and other structural issues typically found in low-income emerging markets, said Fitch Ratings in a recent report.

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Vietnam aims to lift sovereign credit rating

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Báo Đầu Tư English 10 month(s) ago 1 related news

Vietnam aims to lift sovereign credit rating

The Ministry of Finance has submitted a scheme to the Prime Minister for improving Vietnam's sovereign credit rating, with a target for the country to achieve investment grade by 2020.

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VN aims to lift sovereign credit rating

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VietnamPlus English 10 month(s) ago 1 related news

The Ministry of Finance has submitted a scheme to the Prime Minister for improving Vietnam's sovereign credit rating, with a target for the country to achieve investment grade by 2020.

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Fitch rates Vietinbank's senior notes 'B/RR4'

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VietStock FI English 11 month(s) ago 1 related news

Fitch Ratings has assigned Vietnam Joint-Stock Commercial Bank for Industry and Trade's (Vietinbank - Code: CTG) USD250m 8% outstanding senior notes due 2017 a Long-Term 'B' Rating and a Recovery Rating of 'RR4'. A full rating breakdown is provided below.

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'B' rating with stable outlook affirmed for 4 banks

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Báo Tuổi Trẻ English 12 month(s) ago

'B' rating with stable outlook affirmed for 4 banks

Fitch Ratings has affirmed 'B' rating in Foreign-Currency Issuer Default Ratings (IDRs) with stable outlooks for four Vietnamese banks.

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Fitch affirms Vietinbank at 'B'; outlook stable

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VietStock FI English 12 month(s) ago 1 related news

Fitch Ratings has affirmed Vietnam Joint-Stock Commercial Bank for Industry and Trade's (Vietinbank) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B'. The Outlook is Stable.

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Vietnam's ACB and Sacombank: outlook stable

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VOV News English 12 month(s) ago 2 duplicate news 1 related news

Vietnam's ACB and Sacombank: outlook stable

(VOV) - Fitch Ratings has affirmed that Vietnam-based Asia Commercial Bank (ACB) and Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) both received 'B' ratings with a stable outlook in addition to ‘b’ Viability Ratings (VRs).

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Bad debts stand at 10pct of 2011 GDP, on the rise: cbank

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Báo Tuổi Trẻ English 13 month(s) ago 1 duplicate news 1 related news

Bad debts stand at 10pct of 2011 GDP, on the rise: cbank

Vietnam’s total bad debts as of June 2012 are estimated to be worth around 10 percent of the country’s gross domestic product (GDP) in 2011 and are rising, said the head of the State Bank of Vietnam (SBV).

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Banks sneeze, the national economy catches a chill

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VietnamNet English 13 month(s) ago

Banks sneeze, the national economy catches a chill

VietNamNet Bridge – When Vietnam officially joined WTO in 2007, foreign investors believed that Vietnam would become one of the most attractive investment destinations. However, Vietnam’s IDR (issuer default rating) still has not been significantly improved over the last five years.

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