Moody's upgrades unsecured ratings of 15 Vietnamese banks
Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings and senior unsecured ratings of 15 Vietnamese banks at Ba3 positive.
Transactions at a branch of Vietcombank (Photo: VNA)
Hanoi (VNA) - Moody'sInvestors Service has affirmed the long-term local and foreign currency depositratings and senior unsecured ratings of 15 Vietnamese banks at Ba3 positive.
At the same time, Moody's also revised the outlook for the long-term local andforeign currency deposit and issuer ratings of five banks to positivefrom negative, four banks to positive from stable and six banks to stable fromnegative.
The rating actions followed Moody's affirmation of Vietnam's Ba3 issuer ratingand the change in the outlook to positive from negative.
The 15 banks are An Binh Bank, ACB, HDBank, Vietcombank, BIDV, Lien Viet PostBank, MB, OCB, SeABank, TPBank, Agribank, VIB, VietinBank, VPBank andTechcombank.
With the exception of An Binh Bank, the Baseline CreditAssessments (BCAs), adjusted BCAs, Counterparty Risk Assessments (CRA) andcounterparty risk ratings (CRR) assigned to the banks stated above areunaffected by the rating actions.
It downgraded An Binh Bank's BCA and adjusted BCA to B2 from B1, while thelong-term CRA and CRR have been downgraded to B1 and B1 from Ba3 and Ba3,respectively.
Vietnam's sovereign credit strength is a key input in Moody'sassessment of the deposit and issuer ratings of Vietnamese banks, because thecountry's credit strength affects the government's capacity to provide supportto the banks in times of stress.
💧 Assuming all other factors remain constant, Moody's willlikely upgrade the long-term ratings of the nine Vietnamese banks whose ratingsare on a positive outlook if the Vietnamese government's rating is upgraded./.
Moody’s Investors Service upgraded its credit rating for Indonesia on April 13, praising the country’s central bank and government policies for boosting confidence in the largest economy of Southeast Asia.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Transactions at a branch of Vietcombank (Photo: VNA) 
