BIDV sells 15 percent stake to RoK’s KEB Hana Bank Business

BIDV sells 15 percent stake to RoK’s KEB Hana Bank

The Bank for Investment and Development of Vietnam (BIDV) will float more than 603 million new shares, or 15 percent of its stake to the Republic of Korea’s KEB Hana Bank under its resolution No.696/NQ-BIDV issued on July 22.
S&P raises Vietnam’s credit rating with stable outlook Business

S&P raises Vietnam’s credit rating with stable outlook

Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.
Business

Vietnam opens up to world credit ratings

National agencies will provide more information to international credit rating bodies to ensure accurate representations of Vietnam's economic wellbeing, after Prime Minister Nguyen Tan Dung signed off on a new decision 61/2013/QD-TTg.
Business

Moody's awards VPBank stable rating

Global ratings agency Moody's gave B3 ratings to the debt and deposit of the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) in both local and foreign currency for the first time, saying the outlook was stable.
Business

Vietnam’s outlook stable: Standard & Poor

Vietnam’s outlook was stable as according to global ratings firm Standard & Poor (S&P), which has retained its BB- long term and B short term sovereign credit ratings on the country.