Thailand's economic growth is projected to be 2.4% in 2024, down from the 2.8% forecast in April, mainly due to weaker-than-expected exports and contracted public investment earlier this year, the World Bank (WB) said on July 3.
The credit rating organisation Moody's announced an update of the outlook for the Technological and Commercial Joint Stock Bank (Techcombank) to stable.
The Government’s financial and monetary policy packages have gradually supported enterprises to stabilise production, particularly the 2% VAT Reduction which has received a warm response from the business community.
Moody's Investors Service has upgraded Vietnam's long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed its outlook from positive to stable, the Ministry of Finance announced on September 6.
US Secretary of State Antony J. Blinken reaffirmed the US support for ASEAN’s central role and the group’s Outlook on the Indo-Pacific as part of the vision of the US for a free and open Indo-Pacific while addressing the ASEAN-US Foreign Ministers' Meeting on August 4.
2020 is a tough year for Vietnam, yet the economy has reaped remarkable achievements. Experts have been optimistic about Vietnam’s economic growth in 2021.
The Vietnamese Ministry of Finance (MoF) on December 18 said Moody's Investors Service’s decision to confirm Vietnam’s rating at Ba3 but change the outlook to negative was not appropriate, given it is grounded on an isolated incident and does not adequately recognise the Vietnamese Government’s instituted policies and procedures to ensure smooth and timely debt repayment on government guaranteed borrowings.
Buoyed by a strong economy and excited by their international prospects, Vietnamese businesses are anticipating a bright future, according to the latest “HSBC Navigator: Now, Next and How” report.
Moody’s Investor Services projected Vietnam’s annual GDP growth to stay at around 6.4 percent during the 2018-2022 period in its latest report issued on August 10.
Moody’s Investors Service, one of the world’s leading credit ratings agencies, has upgraded the credit rating outlook of Vietnam International Bank (VIB)’s local currency deposits and issuer ratings to “positive”, from its previous level of "stable".
The Vietnamese economy will remain stable in 2016 with a growth rate of 6.7 percent, followed by a modest slowing of growth to 6.5 percent in 2017, according to the Asian Development Bank (ADB).
Results of the quarterly EuroCham Business Climate Index survey show business confidence, outlook and expectations for the future among EU firms in Vietnam rose slightly from the previous quarter.