Fitch Solutions

Update news Fitch Solutions

Vietnam is fifth most open economy in Asia

Vietnam ranks as the fifth most open economy in Asia out of 37 nations evaluated by Fitch Solutions in its Vietnam Trade & Investment Risk Report.

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's economic recovery forecast to be on track

Vietnam’s real GDP would grow by 2.6 percent in 2020 and hit an 8.2 percent rebound next year, Fitch Solutions has forecast.

Fitch Solutions revises up Viet Nam’s 2020 GDP growth

Fitch Solutions have revised up its 2020 real GDP growth forecast for Viet Nam slightly to 3.0 per cent, from 2.8 per cent previously.

Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions

Vietnam’s four State-owned mobile operators – Viettel, VNPT-Vinaphone, GMobile and MobiFone – have just agreed to share some 1,200 base transceiver stations (BTS), 

Tax relief stimulus may inflate Vietnam's fiscal deficit in 2020: Fitch

Fitch Solutions’ deficit forecast is wider than the Ministry of Finance’s 5.0-5.1% deficit estimate.

Vietnam pushes for medicine self-sufficiency post Covid-19: Fitch Solutions

The Vietnamese government intends to meet 80% of its domestic pharmaceutical demand through local drug manufacturers.

More monetary easing measures forecast in 2020

The State Bank of Vietnam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5 per cent this year in light of a weak economic outlook, experts forecast.


Vietnam wind power sector to see growing opportunities: Fitch Solutions

Vietnam contains one of the highest potential for wind power in the region, as it is endowed with high wind speeds particularly in the offshore or near-shore areas.

State-led approach to boost 5G deployment in Viet Nam: experts

Vietnam’s 5G network is forecast to have a bright future with Government and regulator support while domestic manufacturing of 5G handsets could lower device costs and lend tailwinds to adoption.


Vietnam holds advantages as investors look beyond China: Experts

Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.

Foreign investors call for greater flexibility in Vietnam's upcoming PPP law

A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.

COCVID-19, price decline hit Vietnam’s oil industry

Vietnam’s crude oil and natural gas production face downside risks, in light of a double-whammy of global oil price collapse and sluggish demand due...

Fitch Solutions lowers Vietnam’s growth forecast

Fitch Solutions has recently revised down Vietnam’s economic growth in 2020 to 6.3 per cent from 6.8 per cent previously due to the Covid-19 outbreak.

COVID-19 to pull Vietnam’s growth down to 6.3%: Fitch Solutions

Fitch Solutions on Tuesday revised down Viet Nam’s economic growth in 2020 to 6.3 per cent from 6.8 per cent previously due to the Covid-19 outbreak.

Coal to remain key in Vietnam’s power expansion: Fitch Solutions

Coal remains the most practical option in the near-term to stimulate affordable electricity generation growth at the pace and scale needed by the country, said Fitch Solutions.

Ford expansion’s impact on Vietnam’s vehicle output muted by imports: Fitch Solutions

U.S. automaker Ford Motors’ latest announcement that it intends to expand its Vietnamese plant will provide only a modest boost to the country’s vehicle output over this year and next, according to Fitch Solutions.

Robust growth predicted for Vietnam’s power sector despite near-term headwinds

Fitch Solutions predicted power consumption in Vietnam to grow by an annual average of 6.5% between 2020 and 2029, which still remains one of the fastest growth rates in Asia.

Vietnam’s growth under pressure from global COVID-19 outbreak

Fitch Solutions has revised down its 2020 real GDP growth forecast for Vietnam to 6.3 percent, from 6.8 percent previously, in light of the worsening global COVID-19 outbreak.

Vietnam's credit growth to stabilise, inflation to be elevated In 2020: Fitch Solutions

Vietnam’s 2019 credit growth came in at just 12.1%, underperforming the State Bank of Vietnam (SBV)’s 14.0% target for the year. This marked a second year of deceleration since credit growth peaked at 18.2% in 2017.