Moody’s raises Vietnam's rating to Ba2, outlook changed to stable
Moody's Investors Service has upgraded the Vietnam's long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to stable from positive.
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Moody's Investors Service has raised ratings of 12 Vietnamese banks following its upgrade of Vietnam's sovereign rating to Ba2 from Ba3.
Vietnam's dong is on course to decline for the eighth consecutive month to a record low, setting the stage for further currency weakening in the Southeast Asian
India, the world's largest rice exporter, slapped a tariff on certain exports to guarantee local supply after planting shrank, that might further shock global food markets and deepen the starvation situation.
Moody's Investors Service has upgraded the Vietnam's long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to stable from positive.
The People's Committee of Can Tho City has just issued Decision No. 2447/QD-UBND approving the investment policy and investor of EVN to invest in the O Mon III thermal power plant project.
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