Fitch affirms Viet Nam’s rating at 'BB' with positive
VGP - Fitch Ratings has affirmed Viet Nam's long-term foreign currency deposit ceiling rating at BB, positive outlook, according to the press release of the Ministry of Finance.
The outcomes of Viet Nam's sovereign credit rating by Fitch reflects Viet Nam's solid external fina
Fitch Ratings acknowledge a rapid resumption in economic activities as a result of the Government's change to a more flexible policy regarding
Fitch expects that Viet Nam continues to benefit from the export sector due to the implementation of key trade agreements, foreign direct investment (FDI) inflows remains high and tourism flows gradually resume in 2022.
Fitch anticipates Viet Nam's g
The agency acknowledges the adopt
Fitch Ratings indicates aspects that lead to a positive rating action include macroeconomic stability, strive for a high growth rate, reduced disparity in GDP per capita compared to peers, further improvement of public finances through sustainable fiscal consolidation, higher revenue
Maintaining the current sovereign credit ratings at BB Positive outlook under many challenges across the globe reflects the proactive m
The Ministry of Finance will continue to provide information and updates to facilitate Fitch Ratings, other credit rating agencies and international organizations to reach an accurate assessment of Viet Nam's strong and improving credit profile./.