Logos of some Vietnamese banks (Source: vietnambiz.vn)
Hanoi (VNA) - Moody's Investors Service has raisedratings of 12 Vietnamese banks following its upgrade of Vietnam's sovereignrating to Ba2 from Ba3.
Moody's has upgraded the long-term local (LC) and foreigncurrency (FC) deposit and issuer ratings of eight banks by one notch (Vietcombank,BIDV, OCB, SeABank, TPBank, Agribank, VIB, VietinBank) and the LC and FCCounterparty Risk Ratings and Counterparty Risk Assessment of seven banks byone notch of BIDV, Agribank, VietinBank, ABBank, LienVietPostBank, SHB, MSB.
The rating actions on the banks follow the firm’s upgrade ofVietnam's sovereign rating to Ba2 from Ba3 on September 6, and change of thesovereign rating outlook to stable from positive on the same date.
Moody's said Vietnam's credit strength is a key input in itsdeposit and debt ratings for financial institutions in the country. The upgradein bank's ratings reflects the government’s stronger ability to provide supportfor banks in times of stress.
Besides, Moody's has also changed the rating outlooks ofAgribank, BIDV, OCB, SeABank, TPBank, VIB, Vietcombank and Vietinbank to stablefrom positive. The rating outlook of ABBank, LienVietPostBank and MSB remains stable while that of SHB stays positive.
Amid the complex internationalsituation leading to over 30 rating downgrades globally over the past eightmonths, Vietnam is the only country in the Asia-Pacific and one of the four in the world to record a rating upgrade by Moody'ssince the beginning of 2022.
The Ministry ofFinance said the upgrade of Vietnam’s sovereignrating to Ba2 shows the Moody’s recognition of the country’s increasing economicstrength and better resilience to external macroeconomic shocks compared toothers with the same rating./.
The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB+” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance.
Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.
The Finance Ministry said on September 6 that Moody’s Investors Service has upgraded Vietnam’s long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to stable from positive.
Credit rating agency Moody’s has upgraded the long-term local and foreign currency deposit and issuer ratings of the Vietnam Bank for Agriculture and Rural Development (Agribank) to Ba2 from Ba3, and changed the outlook to stable.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Logos of some Vietnamese banks (Source: vietnambiz.vn) 
