Hanoi, May 5 -- Moody's has revised Viet Nam's sovereign credit outlook from "Stable" to "Positive," while affirming the country's long-term issuer and senior unsecured ratings at Ba2, announced the Ministry of Finance on May 4.
This assessment reflects international recognition of Viet Nam's efforts to maintain macroeconomic stability and advance institutional reform.
It also provides a basis for the nation to continue pursuing its development goals, aiming for higher growth associated with a shift in its growth model.
The decision reflects Moody's rising confidence in Viet Nam's medium-term credit outlook, citing clear improvements in institutional quality and governance, fueled by a reform wave that has hit administrative procedures, ...