Fitch: Vietnam relatively resilient, but banking remains a drag

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

Fitch: Vietnam relatively resilient, but banking remains a drag

Vietnam's economy continues to stabilise, and has withstood the global financial volatility which has hit other regional emerging economies, says Fitch Ratings. However, medium-term economic prospects and the sovereign's credit profile remain weighed down by the slow pace of asset restructuring in the banking sector and sluggish reforms of state owned enterprises (SOEs).

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VN inflation could rise to 8%: ANZ

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VietNam News English 7 month(s) ago 1 duplicate news

Viet Nam's average inflation this year will rise to 7.5-8 per cent, said the Australia and New Zealand Banking Group Limited, commonly called ANZ, in its latest monthly report.

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Fitch upgrades long-term credit rating to positive

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Báo Dân Trí English 7 month(s) ago 2 related news

Fitch upgrades long-term credit rating to positive

A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating.

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Fitch upgrades long-term credit rating to positive

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VietnamNet English 7 month(s) ago 2 related news

Fitch upgrades long-term credit rating to positive

VietNamNet Bridge – A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating.

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Fitch upgrades long-term credit rating to positive

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VOV News English 7 month(s) ago 2 related news

Fitch upgrades long-term credit rating to positive

(VOV) -A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating.

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Fitch sees brighter outlook

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VietNam News English 7 month(s) ago 4 related news

Fitch sees brighter outlook

Fitch Ratings on Thursday revised Viet Nam's sovereign outlook to ‘positive' from ‘stable' due to an improvement in the country's macroeconomic stability and strengthening external finances.

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Fitch revises Vietnam’s outlook to positive, affirms at 'B+'

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Báo Dân Trí English 7 month(s) ago 4 related news

Fitch revises Vietnam’s outlook to positive, affirms at 'B+'

Fitch Ratings has affirmed Vietnam’s long-term foreign-and local-currency Issuer Default Rating (IDR) at B+ following optimistic economic performance.

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Improved outlook boosts shares on both bourses

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VietnamPlus English 7 month(s) ago 1 related news

Shares on the Ho Chi Minh City Stock Exchange rallied on January 23, as the market value remained positive and blue chips rebounded, proving themselves to be the backbone of the market.

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Improved outlook boosts shares

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VietNam News English 7 month(s) ago 1 related news

Shares on the HCM City Stock Exchange rallied yesterday, as the market value remained positive and blue chips rebounded, proving themselves to be the backbone of the market.

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BIDV listing to boost Vietnam stock market liquidity

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Báo Thanh Niên English 7 month(s) ago

BIDV listing to boost Vietnam stock market liquidity

Traders work on the floor of the Ho Chi Minh City Stock Exchange in Ho Chi Minh City, Vietnam

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HDBank in sale talks with three Japan financial companies

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Báo Thanh Niên English 10 month(s) ago 1 related news

HDBank in sale talks with three Japan financial companies

Ho Chi Minh City Housing Development Commercial Joint-Stock Bank is in talks with three Japanese finance firms to sell as much as a 30 percent stake, amid a wave of investments in Vietnam from Asia’s second-largest economy.

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Vietnam stocks to rise 10 pct by year-end as Exports Jump, HSC says

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Báo Thanh Niên English 11 month(s) ago

Vietnam stocks to rise 10 pct by year-end as Exports Jump, HSC says

Vietnam’s benchmark equity index is poised to rally about 10 percent by year-end as inflation slows and exports grow, according to the nation’s biggest brokerage.

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Vietnam’s economy stable, but slow reforms hinder growth: Fitch

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Báo Thanh Niên English 11 month(s) ago

Vietnam’s economy stable, but slow reforms hinder growth: Fitch

Vietnam’s economy has survived global financial volatility but slow restructuring in the banking sector and state owned enterprises (SOEs) continue to weigh down the country’s medium-term economic prospects, says Fitch Ratings.

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Vietnam third-quarter GDP growth accelerates as exports hold up

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Báo Thanh Niên English 12 month(s) ago

Vietnam third-quarter GDP growth accelerates as exports hold up

Vietnam’s economic growth quickened this quarter as rising foreign investment helped support manufacturing and exports, countering weak lending from a banking industry burdened by bad debt.

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VN’s economy relatively resilient, but core problems persists: Fitch

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Báo Tuổi Trẻ English 11 month(s) ago 1 related news

VN’s economy relatively resilient, but core problems persists: Fitch

Though Vietnam macro-economic situation has already been stabilized, and will remain resilient for a certain time, core problems in the local banking sector and State-owned enterprises (SOEs) have yet been addressed, said US-based Fitch Ratings in its latest commentary on the local economy.

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