Day: December 19, 2023

Vietnamese banks’ credit ratings upgraded

Hanoi: Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam’s national credit rating to BB with a long-term outlook of “Stable”.

It upgraded the Long-Term Foreign-Currency …

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Share auctions plunge to 16-year low

Hanoi: Only three share auctions have been organised in the Vietnamese stock market so far this year, the lowest number since 2007, according to recent statistics from the Hanoi and Ho Chi Minh Stock Exchanges (HNX and HoSE).

The auctions had a total…

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