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Enterprises need to proactively give credit ratings, conduct audits, and increase transparency to rebuild trust
09:48 | 03/05/2023 Finance
VCN - According to the Ministry of Finance, bond issuers must actively use credit rating services and audit activities to enhance publicity and transparency to help investors clearly understand the financial capacity, debt solvency of the issuers, and ris
The strength of the economy and fiscal policy help Vietnam to rise in credit rating
09:53 | 15/09/2022 Finance
Moody's Investors Service upgraded the Government of Vietnam's long-term issuer and senior unsecured rating from Ba3 to Ba2 and changed the outlook from stable to positive
Vietnam needs to better sovereign credit ratings: ministry
20:13 | 29/01/2022 Finance
As Vietnam has become a middle-income country and will gradually depend more on foreign commercial loans, the improvement of the sovereign credit ratings will help the Government, businesses, and financial and credit institutions be more cost-effective when mobilising loans or issuing bonds to international capital markets, according to the Ministry of Finance.
Worries about credit standards with increase of bad debts
10:08 | 07/03/2021 Finance
A major worry of the banking sector for the whole of 2021 is the increase of bad debt, especially when there are many potential bad debts under restructuring.
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