28-12-2023 17:00
Credit rating agency Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7 per cent, with many favourable signs.
15-12-2023 18:08
Fitch Ratings has elevated the Military Commercial Joint-Stock Bank (MB)'s Long-term Issuer Default Rating from 'BB-' to 'BB', marking a notable uplift in the global perception of Vietnam's banking sector.
12-12-2023 11:16
Vietnam has received a sovereign credit rating upgrade from Fitch Ratings from 'BB' to 'BB+' with a stable outlook.
06-10-2023 17:52
Fitch Ratings has assigned Binh Son Refining and Petrochemical JSC (BSR) an Issuer Default Rating (IDR) of 'BB', accompanied by a positive outlook. This is testament to the strategic, operational, and financial strength of the company. Bui Ngoc Duong, general director of BSR, spoke to VIR's Thanh Van about this achievement.
21-07-2023 08:39
Although the risks associated with Vietnam's struggling real estate market have diminished, Fitch Ratings has warned that the country could still be vulnerable to external shocks.
24-11-2022 11:53
On November 17, international rating agency Fitch Ratings announced its annual credit rating results for 2022, in which MB's long-term debt issuer credit rating (IDR) was upgraded from B+ to BB-, with a Positive outlook.
29-03-2022 14:55
Fitch Ratings has affirmed Vietnam’s long-term foreign-currency issuer default rating (IDR) at “BB” with a positive outlook.
23-03-2022 15:28
Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks, says Fitch Ratings, as rapid loan growth will make it challenging to raise capital adequacy ratios (CAR) in the next two to three years.
07-02-2022 11:27
Vietnam’s recovery is set to gather momentum in 2022, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.
22-12-2021 18:22
Fitch Ratings has asserted the outlook on Standard Chartered Bank Vietnam Ltd. (SCB) as positive with SCB’s long-term foreign and local currency issuer default ratings at BB and BBB- respectively
26-10-2021 09:23
Fitch assigned a long-term issuer default rating (LT IDR) of ‘B’ to Phat Dat Real Estate Development Corporation (HSX: PDR), reflecting the company's healthy financial indicators and strong growth in Vietnam.
23-09-2021 10:00
On September 9, Fitch Ratings certified Vietnam’s state-owned oil and gas giant PetroVietnam as having a standalone credit rating at BB+, with a long-term foreign currency issuer default rating (IDR) of BB with "positive outlook", and senior unsecured rating of BB. This is the third consecutive year Fitch Ratings evaluated PetroVietnam’s standalone credit rating at BB+.
25-08-2021 21:34
An escalation in COVID-19 cases and deaths over July and August threatens to undermine Vietnam’s previously strong recovery and may temporarily set back positive rating momentum, according to Fitch Ratings.
16-04-2021 15:34
Strong export growth and a successful campaign to contain the spread of COVID-19 have supported Vietnam’s economy through the pandemic and allowed the government to adopt a restrained fiscal policy response, says Fitch Ratings.
15-04-2021 13:48
Fitch Ratings – one of the top three credit rating agencies internationally – has revised the outlook for Vietnam’s state-owned oil and gas giant PetroVietnam to “positive” from “stable”.