Vietnam’s Doi Moi (Renewal) process started in 1986, but it was not until the 1991-1995 period that the market mechanism with State management through laws, plans, policies, and other tools began to generate positive results.

Credit ratings agency Moody’s Investors Service on August 19 said its stable outlook for Vietnam’s banking system reflects the country’s robust economic performance, which will support asset quality and profitability.

While growth is set to ease in 2019, Vietnam will still be among the top 10 fastest-growing economies globally, according to the “Economic Insight: South-East Asia” report recently released by the Institute of Chartered Accountants in England and Wales (ICAEW).