Moody’s cautious on GDP growth, warns of credit bubble

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VietStock FI English 2 day(s) ago

Global credit rating agency Moody’s Investors Services said yesterday that Cambodia’s B2/stable sovereign credit rating was supported by its robust economic growth and modest debt burden, but its narrowly focused industrial sector and low incomes were weighing on overall economic strength. In addition, the fast pace of credit growth, though slowing over the last year, could pose financial stability risks.

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Core inflation to rise to roughly 2% in 2016

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Báo Dân Trí English 6 day(s) ago

Core inflation this year could increase slightly to roughly 2% from 1.7% last year, the National Financial Supervisory Commission (NFSC) forecast.

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Vietnam’s fiscal and monetary market stable following Brexit

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Báo Đầu Tư English 3 week(s) ago

Vietnam’s fiscal and monetary market stable following Brexit

Britain’s decision to withdrawal from the EU, known as Brexit, has had an impact on the global economy and on Vietnam’s fiscal and monetary market and investment flow. But the latter will be minimal thanks to proper and timely responses.

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Moody’s assigns first-time ratings to two Vietnam banks

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Báo Dân Trí English 1 month(s) ago

Moody’s assigns first-time ratings to two Vietnam banks

Moody’s has assigned first-time ratings this year to Vietcombank and Maritime Bank.

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Trading low as gold prices stay stable

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VietStock FI English 2 month(s) ago

Trading low as gold prices stay stable

Gold retailers continue to enter into the Cambodian market despite a drop in demand in recent months as prices remain stable, according to local retailers.

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Fitch affirms Vietnam rating at ’BB-’ with a stable outlook

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Báo Dân Trí English 3 month(s) ago

Fitch affirms Vietnam rating at ’BB-’ with a stable outlook

Fitch Ratings ​recently affirmed Vietnam’s long-term foreign and local currency IDRs at ’BB-’ with a stable outlook.

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Fitch affirms VN at “BB-” outlook stable

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Báo điện tử CP English 3 month(s) ago

Fitch affirms VN at “BB-” outlook stable

VGP - Fitch Ratings affirmed Viet Nam's Long-Term Foreign-and Local-Currency IDRs at ‘BB-'with a Stable Outlook. The issue ratings on Viet Nam's senior unsecured Foreign- and Local-Currency bonds are also affirmed at 'BB-'. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-Currency IDR at 'B'.

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Local stocks draw in foreign capital

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Báo Đầu Tư English 4 month(s) ago

Local stocks draw in foreign capital

Foreign investors continue to favour Vietnam as a stable investment destination amid global economic uncertainty, but they still need stronger incentives to stay in the country for the long term. Michel Tosto, head of Institutional Sales at Viet Capital Securities, spoke with VIR’s Phuong Nguyen about how Vietnam can bolster ongoing commitment from overseas investors.

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VN’s economic growth becomes more stable, says HSBC

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Báo điện tử CP English 5 month(s) ago

VGP – Despite lower economic growth forecast, HSBC still listed Viet Nam in the list of regional pioneers and solid medium-term development.

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Fitch sets 5 Vietnam bank’s ratings

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Báo Dân Trí English 5 month(s) ago

Fitch sets 5 Vietnam bank’s ratings

Fitch Ratings has issued the long-term issuer default ratings (IDRs) on five Vietnamese banks.

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Kingdom's economy to remain stable: ADB

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VietStock FI English 5 month(s) ago

Kingdom's economy to remain stable: ADB

Cambodia's economy is expected to remain stable this year as uncertainty surrounding China’s economic slowdown appears to ease, and backed primarily by strong performance in garment and footwear manufacturing, as well as construction, the Asian Development Bank (ADB) said yesterday.

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Cashew export expects stable year

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Báo điện tử CP English 6 month(s) ago

Cashew export expects stable year

VGP – Viet Nam shipped 37,000 tons of cashew nut in the first two months and pocketed US$278 million of turnover, up 5.3% in quantity and 11% in value, according to the Viet Nam Cashew Association (Vinacas).

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VN stocks to rally on crude prices and stable US rates

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Báo Đầu Tư English 5 month(s) ago

VN stocks to rally on crude prices and stable US rates

Vietnamese shares may extend rallies this week on expectations that recently improved crude prices will help boost energy stocks, while investor confidence rises on stable US interest rates, brokerage firms wrote in their weekly forecasts.

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Rice exports: Vietnam’s low-price advantage won’t help

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VietnamNet English 6 month(s) ago

Rice exports: Vietnam’s low-price advantage won’t help

VietNamNet Bridge - Despite difficulties, Vietnam’s rice exports have remained stable over the last few years thanks to low prices. However, this advantage may not help in the future as the world market has seen major changes.

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Central bank to keep interest rates stable in 2016

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Báo Đầu Tư English 6 month(s) ago 1 duplicate news

Central bank to keep interest rates stable in 2016

Though experts forecast a rise in lending interest rates in 2016, a central bank official believes it is feasible to keep the rates stable and reducing it slightly this year.

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