Keyword: "Moody"

The credit rating organisation Moody's has forecasted a positive economic outlook for the Asia-Pacific region in 2025, with accelerating growth in Southeast Asia, and Vietnam is expected to benefit notably from this trend.

Moody's Investors Service has raised ratings of many Vietnamese banks following its upgrade of Vietnam's sovereign rating to Ba2 from Ba3.

The Finance Ministry said on September 6 that Moody’s Investors Service has upgraded Vietnam’s long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to stable from positive.

Continuing to improve the national credit rating will improve Vietnam's credit profile, and create a spillover effect for the economy as a whole.

Vietnam is the only country in the Association of Southeast Asian Nations (ASEAN) in the ‘BB’ rating category to gain positive rating momentum in 2021 and this is a reflection of the country's economic strength and resilience.

Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings and senior unsecured ratings of 15 Vietnamese banks at Ba3 positive.

Credit rating agency Moody's recently announced its rating upgrade on Agribank's long-term foreign-currency deposit rating from B1 to Ba3.

The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.

Vietnam’s credit growth has expanded by 8.4 percent from the end of 2018 so far this year, the General Statistics Office (GSO) has reported.

Malaysia’s exports in March rose 2.2 percent against the same period last year and increased 2 percent month-on-month, according to the Ministry of International Trade and Industry.

Moody’s Investors Service upgraded its credit rating for Indonesia on April 13, praising the country’s central bank and government policies for boosting confidence in the largest economy of Southeast Asia.

Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on February 5.

The potential collapse of the Trans-Pacific Partnership (TPP) trade pact may not impact Vietnam’s sovereign credit quality as much as was projected earlier, Moody’s said.

Vietnam International Bank (VIB) has won the “Bank of the Year 2016” award, making it the first local bank to receive the prestigious award for two consecutive years.

The outlook for the Vietnamese banking system is stable, driven by the country's good economic growth and stabilising asset quality and good liquidity.

Moody's has upgraded the ratings of two Vietnamese banks, citing their improvements in the standalone credit profile.