Việt Nam News

Ratings of Vietnamese banks are expected to be continually improved thanks to Việt Nam’s positive sovereign credit rating.

‘Public-Private Partnership for sustainable healthcare transformation’ was the main topic of a conference organised by Đầu tư (Investment) newspaper in Hà Nội on May 18.

Trương Hùng Long, director of the Department of Debt Management and External Finance under the Ministry of Finance, spoke with Vietnam News Agency about improving the national credit rating.

Việt Nam aims to raise its sovereign ratings by 2030, according to the Sovereign Rating Improvement Project recently approved by eputy Minister Lê Minh Khái.

Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks as rapid loan growth will make it challenging to raise capital adequacy ratios (CARs) in the next two to three years, according to Fitch Ratings.

The rebound in consumption, strong export growth and public spending would be key factors in Việt Nam’s economic recovery this year, analysts said.

Việt Nam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.

The Qatari ambassador to Việt Nam Mohamed bin Ismail Al Emadi writes for Việt Nam News on the National Day of Qatar.