Fitch Ratings has withdrawn the ratings on Vingroup JSC.
Fitch Ratings has announced on June 18 its affirmation for Home Credit Vietnam Finance Company Limited’s long-term Issuer Default Rating (IDR) at B+ and short-term IDR at B, with stable outlook.
Fitch Ratings has affirmed Vietnam’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB’ and revised the outlook to positive.
The company needs to invest around $700-800 million annually to meet its investment requirements.
Electricity of Vietnam (EVN) is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.
Fitch Ratings has upgraded Vietnam’s rating from "BB-" to "BB" proving the nation’s improvement on economic growth, foreign exchange reserves and government debt.
Fitch Ratings has revised the Outlook on Vietnam's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the ratings at 'BB-'. The ratings on Vietnam's senior unsecured foreign- and local-currency bonds are also affirmed at 'BB-'. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-and Local-Currency IDRs at 'B'.
