Fitch Ratings has moved up the outlook on Vietnam's long-term foreign-and local-currency issuer default ratings (IDRs) from stable to positive and affirmed the ratings at ‘BB-’.
GBS - Many State-owned companies with a charter capital of more than VND1 trillion (US$44.4 million) failed to elicit investors' interest with their recent initial public offering (IPO). Analysts attributed it primarily to their unproductive operation, as well as poor preparation for the IPO.
GBS - Vietnamese credit institutions and foreign bank branches in Vietnam continue to see a bright business outlook for 2015, according to a survey of the State Bank of Vietnam’s Monetary Forecasting and Statistics Department.
GBS - Up to 300 million shares of Vietjet (code VJC) officially made their debut on the HCM Stock Exchange (HOSE) yesterday. Vietjet is the first airline in Việt Nam to list on the southern bourse.