Vietnamese banks see improved solvency Business

Vietnamese banks see improved solvency

Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefitting from the country's robust macro-economic environment, Moody's Investors Service said.
Removing ‘bottlenecks’ for Mekong Delta tourism Travel

Removing ‘bottlenecks’ for Mekong Delta tourism

The Mekong Delta has been known far and wide for long as a magnet to tourists thanks to its green space and orchards, crisscrossed by canals. Advantageous in geographic location and resources, yet local tourism sectors still fail to create a breakthrough growth matching the potential of the region.
Moody's review of Vietnam's Ba3 rating improper: ministry Business

Moody's review of Vietnam's Ba3 rating improper: ministry

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.
Credit growth expands 0.77 percent in two months Business

Credit growth expands 0.77 percent in two months

Vietnam’s credit growth in the first two months of this year expanded by just 0.77 percent against the end of 2018, the lowest level in the past few years, a report from the Ministry of Planning and Investment (MPI) showed.
Vietnamese banks’ profitability improves Business

Vietnamese banks’ profitability improves

Vietnamese banks are forecast to gain in profitability this year, but raising capital will be a key focus for banks to meet the State Bank of Vietnam’s strict Basel II requirements.