credit rating

Update news credit rating

The size of the corporate bond market is estimated at some VND1,374 trillion, equivalent to 15% of GDP. The Government aims to raise this figure to 20% by 2025.

Credit rating: sustainable development platform for bonds

Credit rating for businesses in general, including real estate businesses, can increase the transparency of the market.

Vietnam’s sovereign credit ratings upgraded

The rating of BB+ that Vietnam has been given by S&P to Vietnam is close to the “investment grade” group, which means that if Vietnam gets BBB- it will be in the investment portfolios of many financial institutions in the world.

Corporate bond market: what will happen if tighter control is imposed?

The Vietnamese corporate bond market is experiencing tough days. Experts say that restoring confidence in bonds and protecting investors are both necessary.

G&P Global Ratings raises Vietnam’s sovereign credit rating

The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB+” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance.

Vietnam credit growth forecast to hit 14% in 2021: Fitch Solutions

A GDP growth of 5.8% in 2021, nearly double the 2.9% growth last year, would boost credit demand.

Vietnam needs corporate credit rating to attract more investors in bonds

The lack of independent credit rating firms is hindering the development of the corporate bond market.

PM blamed ministries for Moody’s negative action

Delay in paying government debts was due to the lack of seriousness of related government agencies in following the instruction of the prime minister.

Vietnam’s economy 2019: ‘basket of paddy’ and ‘credit leverage’

The Governor of the State Bank of Vietnam (SBV), Le Minh Hung, is standing firm on low credit growth. This is also an issue that S&P emphasized in in its latest report.

The power of the credit rating industry

The credit rating market is dominated by three big players, which hold 95 percent of the world’s market share. They are Standard & Poor’s (S&P) and Moody’s, which hold 80 percent, and Fitch Ratings 15 percent.

Capital mobilized from bonds used ineffectively

Vietnam has been doing well in mobilizing capital through bond issuance, but has not been using the capital in the most effective way.

BUSINESS IN BRIEF 7/11

 Fitch upgrades Vietnam’s credit rating on improved macrostability; Word Bank says will fund IT application in agriculture; Bike market gets more hectic; Phan Thiet golf course removed; Sai Gon Hi-tech Park attracts more investment

Gov’t plan to issue $1 billion in int’l bonds stirs controversy

VietNamNet Bridge – The successful issue of international bonds at low interest rates will allow Vietnam to promote itself in the international capital market, according to a VPB Securities report.

Moody’s upgrades VN credit rating

 Moody’s Investors Service upgraded Vietnam’s credit rating on July 29, reflecting its continued macro-economic stability.

BUSINESS IN BRIEF 2/6

Binh Duong remains attractive destination for FDI; BOT highway projects attract investors; Da Nang port to launch IPO in June; King Riches breaks ground on second facility;

Credit rating reflects macroeconomic strain

 VietNamNet Bridge – Early this year, Fitch Ratings affirmed Viet Nam's sovereign rating at B+ with a stable outlook. With Viet Nam determined to restructure the whole economy with a focus on the banking system,