Moody's upgrade Vietnam rating
VTV.vn - Moody's Investors Service have revised up the government of Vietnam as a B1 issuer and senior unsecured debt ratings and revised the outlook to positive from stable.
Meanwhile, Moody's has raised Vietnam's local-currency bond and deposit ceilings to Baa3 from Ba1. Moody's also expects a significant increase in the flow of foreign investment into the country in coming time. Macroeconomy stability and strong economic growth will help maintain the new rating.
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