Moody’s revises Vietnam outlook as “positive”

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Báo Đầu Tư English 14 hour(s) ago

Today, Moody’s Investors Service has reaffirmed the Vietnamese government’s B1 issuer and senior unsecured ratings and revised the outlook to “positive” from “stable,” lauding its strong performance in foreign direct investment (FDI) attraction, macroeconomic and external stability, as well as recognising the likelihood that government debt will be stabilised at around current levels.

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Moody’s hails Vietcombank for best asset quality

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Báo điện tử CP English 1 month(s) ago

VGP - Credit rating agency Moody’s has said that the Bank for Foreign Trade of Viet Nam (Vietcombank) has the best asset quality in Việt Nam.

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VIB wins int’l awards for MyVIB mobile banking app

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Báo điện tử CP English 1 month(s) ago

VGP – Viet Nam International Bank has won “Best e-bank 2016” and “Best retail mobile banking experience 2016” awards by The Asset for its MyVIB mobile banking app.

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Moody's reaches $864 mn settlement over subprime ratings

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Báo Dân Trí English 3 month(s) ago

Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of risky mortgage securities that contributed to prompting the 2008 global financial crisis, the Justice Department said Friday.

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DPM: int’l belief in VN rises

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Báo điện tử CP English 4 month(s) ago

VGP – The international community having positive comments on Viet Nam’s economy with high growth prospects and Moody's credit rating for Viet Nam setting at B1 with stable outlook have helped increase foreign investment in Viet Nam while the global investment decreased 10-15%.

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VN in eyes of international community in 2016

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Báo điện tử CP English 4 month(s) ago 2 related news

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Moody's: Unresolved bad debt risks higher

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Báo Dân Trí English 4 month(s) ago

Vietnam’s macroeconomic stability and resilient economic growth will continue to support the bank’s weak credit profile, but high credit growth and unresolved bad debts might turn the outlook into a negative, a report released on December 14 by Moody’s said.

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Vietnam arrests former CEO, four other ex-executives of Dong A Bank

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Báo Tuổi Trẻ English 4 month(s) ago

Vietnam's police have arrested the former chief executive officer and four other ex-staff of a troubled partly private bank which has been under central bank surveillance since August last year, the bank said on Saturday.

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Outlook for Asian steel industry is negative for 2017

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Báo Dân Trí English 5 month(s) ago

The outlook for the Asian steel industry for 2017 has been lowered to negative says US Moody’s Investors Service in a new report, as global prices of steel collapse across all grades and utilization weakens.

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Moody's outlook remains stable for Vietnam banking system

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Báo Dân Trí English 5 month(s) ago

Credit ratings agency Moody’s has indicated that the outlook for the banking system in Vietnam (B1 stable) is stable over the next 12-18 months, reflecting Moody's expectation that the country's macroeconomic stability and resilient economic growth will continue to support the banks' weak credit profiles.

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Moody’s assigns first-time ratings to Vietnam’s TPBank

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Báo Đầu Tư English 6 month(s) ago

For the first time, Moody’s Investors Service has assigned long-term local and foreign currency deposit and issuer ratings of B2 to Hanoi-based Tien Phong Commercial Joint Stock Bank (TPBank), with an outlook of stable long-term ratings.

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Moody’s reviews eight Vietnamese banks

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Báo Dân Trí English 6 month(s) ago

Moody’s Investors Service has just concluded its review of eight Vietnamese banks.

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Vietnam PM says may allow bigger foreign stakes in banks

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Báo Tuổi Trẻ English 8 month(s) ago

Vietnam PM says may allow bigger foreign stakes in banks

Vietnam could raise its cap on foreign ownership in domestic banks to above 30 percent and keep the exchange rate stable to help boost foreign investment, state television quoted the prime minister telling investors on Thursday.

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Moody’s considers raising ratings for VN’s banks

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Báo điện tử CP English 8 month(s) ago

VGP – The Moody’s has issued a press announcement on considering raising the ratings for some Vietnamese commercial banks.

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Moody’s: Domestic demand supports Vietnam’s growth outlook

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Báo Dân Trí English 8 month(s) ago

Moody’s: Domestic demand supports Vietnam’s growth outlook

Vietnam’s (B1 stable) credit profile is supported by its robust economic growth and diversified economy, Moody’s Investors Service said on Wednesday.

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