Moody''s Ratings has upgraded the outlook on the ratings of An Bình Commercial Joint Stock Bank (ABBank) to positive from stable, reflecting expectations that a planned capital raising in 2026 will strengthen the bank’s credit profile.
The rating action reflects Fitch''s expectation of average recovery prospects for Việt Nam''s senior unsecured debt and the additional recovery benefits derived from the secured portion of the debt instruments.
S&P Global Ratings has reaffirmed Techcombank’s issuer rating of BB- with a “stable” outlook, highlighting the bank’s robust profitability, stable capitalisation and strong asset quality.
Fitch Rating''s BB credit assessment with a stable outlook will aid EVNNPC in securing foreign investment for capital mobilisation, enabling autonomy in future power project implementation.
Moody''s Ratings has upgraded Saigon Thương Tín Commercial Joint-Stock Bank''s long-term foreign currency and local currency bank deposits and issuer ratings to B2 from B3.
The upgrade reflects Việt Nam''s favourable medium-term growth outlook, underpinned by robust foreign direct investment (FDI) inflows, which Fitch Ratings expects will continue to drive sustained improvements in its structural credit metrics.
Article 3 of Decree No.08 stipulates that three specific articles in Decree No.65, one regulating professional securities investors, one regulating time intervals between bond issues, and one regulating bond issuers credit ratings, will no longer be in effect as of December 31, 2023.
Although Vietnam''s economy bounced back from the COVID-19 pandemic, external and internal challenges could impact future growth. Experts and analysts gathered at a forum in Ha Noi, held by Fitch Ratings and The Asset, to discuss the prospects and pitfalls...
The country''s exceptional growth and obstacles looming were discussed at a conference held in Ha Noi on Tuesday, co-organised by The Asset and Fitch Ratings.
Fitch Ratings has affirmed PetroVietnam Power Corporation (PV Power)’s long-term foreign-currency issuer default rating (IDR) at “BB” with a positive outlook.
Moody''s Investors Service (Moody''s) has maintained the Ba3 ratings and stable outlook for the Viet Nam Prosperity Joint Stock Commercial Bank (VPBank).
Fiin Ratings attributed the banks’ negative results in securities trading and investment to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market.