The Ministry of Finance has recently granted credit rating permission to one more enterprise, bringing the total number of credit rating agencies in Vietnam to three, namely FiinRatings, Saigon Ratings, and VIS Rating.
Hanoi (VNA) – The Ministry of Finance has recently granted credit rating permission to one more enterprise, bringing the total number of credit rating agencies in Vietnam to three, namely FiinRatings, Saigon Ratings, and VIS Rating.
The Hanoi Stock Exchange (HNX) said thanks to credit rating agencies, businesses will publicly disclose information about their financial status and their ability to fulfill debt obligations on time.
Next year, the State Securities Commission (SSC) will continue to direct relevant units to review and fine-tune legal regulations, enhance management and supervision, and strictly deal with any violations to support the sustainable development of the bond market.
The SSC assigned the HNX to continue working with relevant authorities to monitor the reporting obligations and disclosure of information by issuers in the corporate bond market in line with regulations.
The HNX was also tasked with organising and operating the bond market, in line with domestic regulations and international practices, thus improving liquidity and market organisation.
As of the late October, the privately placed corporate bond primary market saw 173 successful issuances with a total value of 184.79 trillion VND (7.69 billion USD), down 43.87% annually.
Breaking down the figure, real estate firms accounted for 41.4% of the market and credit institutions held 45.4%. Among the issued bonds, 46.9% had collateral.
There were 451 corporate bond codes from 114 issuers registering for private placements at HNX.
The registered trading volume was over 648.4 million bonds, equivalent to nearly 336.8 trillion VND. After more than 3 months of operation, the total trading volume of privately placed corporate bonds reached nearly 179.6 million valued at over 49.4 trillion VND. The average liquidity hit 677 billion VND per session.
Of note, the Vietnam Electricity (EVN) and the Bank for Investment and Development of Vietnam (BIDV) successfully issued green corporate bonds in accordance with the International Capital Market Association (ICMA) standards./.
The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB+” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance.
Credit rating agency Moody’s has upgraded the long-term local and foreign currency deposit and issuer ratings of the Vietnam Bank for Agriculture and Rural Development (Agribank) to Ba2 from Ba3, and changed the outlook to stable.
International credit rating agency Moody’s has recently adjusted the credit rating outlook of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) from "stable" to "positive".
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Illustrative image (Photo: Internet) 
