Moody's confirms Vietnam's ratings at Ba3, but changes outlook to negative
The negative outlook reflects some ongoing risk of payment delays on some of the government's indirect debt obligations.
Banks
JP Morgan expects high growth and profitability from Vietnamese banks
It is a rare combination where Vietnamese banks are growing fast and are quite profitable, said an expert at JP Morgan.
Loosening foreign ownership cap at Vietnamese banks becomes urgent
After the parliament disapproved a plan to use state funds to raise registered capital, state-owned banks will have to look for foreign investment to increase capital.
Vietnam banks urged to step up third-party risk management
Most Vietnamese banks are still struggling to comply with the banking authority’s regulations related to digital transformation, particularly those concerning the management of third-party risks.
Trending
-
Hanoi expects businesses' greater contributions to agricultural sector: Mayor
-
Hanoi people to celebrate Tet in cold weather
-
Foreign investors ready to invest big in Vietnam housing
-
Debt maturity in 2020 – 2021 to put pressure on Vietnam’s state budget
-
Bidding farewell to the Kitchen Gods, Vietnamese people offer them red carps
-
Vietnam targets to have 100,000 digital firms by 2030
-
Archbishop of Hanoi extends Tet greetings to municipal government
-
Connectivity to bolster Vietnam’s integration in global markets: WB
-
Vingroup suspends airline project