Moody’s: Vietnam’s real GDP growth to reach 6.7 percent in 2018
Moody’s Investors Service said that Vietnam’s real GDP growth will remain robust, averaging 6.7 percent in 2018, in its annual credit analysis released on April 3.
Moody's predicts Vietnam’s real GDP growth to reach 6.7 percent in 2018 (Source: VNA)
Hanoi (VNA) – Moody’s Investors Service said that Vietnam’s real GDPgrowth will remain robust, averaging 6.7 percent in 2018, in its annual creditanalysis released on April 3.
According to Moody’s, the country’s (B1 positive) creditprofile reflects the economy’s robust growth trends, which are spurred in turnby its increasing competitiveness and a rapid economic transition away fromtraditional sectors such as agriculture into manufacturing, and further up thevalue-added scale within these sectors.
Moody's credit analysis, titled "Government of Vietnam-- B1 positive", rated Vietnam’s economic strength as "high (-)", institutional strength "low(+)"; fiscal strength "moderate (-)"; and susceptibility toevent risk "high (-)".
It said Vietnam’s 2018 growth, nearly twice as high as theaverage for B-rated sovereigns of 3.6 percent, is supported by domesticconsumption and by strong investment growth on the back of public sectorinfrastructure development spending.
Moody's also expects that strong foreign direct investment(FDI) inflows will continue to diversify Vietnam's economy and strengthengrowth compared with similarly rated peers, thereby supporting a stabilizationin the government's debt burden.
It points out that while rapid credit growth presents risksto the banking system, it could also represent a degree of financial deepening.
High government debt levels and widening deficits act as acredit constraint, and as Vietnam graduates from the World Bank's InternationalDevelopment Association program, its debt affordability may erode.
To increase credit ratings, Moody’s suggests Vietnam carryout concrete measures to reduce the Government’s debt burden, and strengthenthe banking system and State-owned enterprises in order to diminish contingentrisks to the government and lower macro-financial risks.
Moody's Investors Service is a leading provider of creditratings, research, and risk analysis.The firm's ratings and analysis track debtcovering more than 135 sovereign nations, approximately 5,000 non-financialcorporate issuers, 4,000 financial institutions issuers, 18,000 public financeissuers, 11,000 structured finance transactions, and 1,000 infrastructure andproject finance issuers.-VNA
The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on August 28.
Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on February 5.
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.
Moody's predicts Vietnam’s real GDP growth to reach 6.7 percent in 2018 (Source: VNA) 
