Fitch Ratings has upgraded Vietnam’s Long-Term Issuer Default Ratings to ‘BB+’, citing a positive medium-term growth outlook supported by strong foreign direct investment (FDI) inflows and a projected growth rate of around 7 per cent.
Key factors include Vietnam’s cost competitiveness, educated workforce, and numerous free trade agreements.Fitch Ratings has upgraded Vietnam’s Long-Term Issuer Default Ratings to ‘BB+’, citing a positive medium-term growth outlook supported by strong foreign direct investment (FDI) inflows and a projected growth rate of around 7 per cent.
Key factors include Vietnam’s cost competitiveness, educated workforce, and numerous free trade agreements.
Fitch Ratings upgrades Vietnam’s long-term IDRs to BB+
