At Wednesday’s reception in Hanoi for Lynn Maxwell, Global Chief Commercial Officer at S&P Global Ratings, Mr. Chinh highlighted the importance of the Vietnam-US Comprehensive Strategic Partnership, established in 2023, adding that Vietnam is working to ensure balanced trade relations with the US, including plans for major aircraft purchases to strengthen its aviation sector.

PM Chinh called on the US to recognize Vietnam as a market economy, facilitate its intensive and extensive integration, and lift export restrictions on some technology.

Maxwell said that S&P’s operations have significantly contributed to the development of Vietnam’s financial market, enhancing market confidence through credit ratings.

The agency is committed to supporting the Vietnamese market in development and bringing it to the international capital market. S&P Global Ratings wants to further contribute to Vietnam's development, especially through public-private partnership projects in Vietnam, she added.

As the core of S&P Global, S&P Global Ratings is the world’s leading independent credit rating organization, specializing in providing assessments of the financial capabilities and creditworthiness of governments, financial institutions, businesses, and financial products. 

S&P Global Ratings is conducting a sovereign credit rating assessment for Vietnam. Most recently, last June, it rated Vietnam at BB+ with a stable outlook.