S&P revises Vietnam’s outlook from Stable to Positive
(VOVWORLD) -S&P Global Ratings on Friday announced that Vietnam's sovereign credit rating remains unchanged and raised the outlook from Stable to Positive.
Vietnam is the only country in the world that has been upgraded to Positive by all three credit rating organizations including the Moody's, S&P and Fitch.
The Ministry of Finance said S&P recognizes Vietnam’s impressive economic achievements and its continuous reform in policy making despite the impacts of the COVID-19 pandemic.
S&P assesses that following its 2020 GDP growth, one of the highest globally, Vietnam will continue to remain in a good position for a solid recovery in the next one to two years thanks to the Government's effective solutions to contain the COVID-19 pandemic in the country, lead Southeast Asia in attracting FDI with stable export growth, strong domestic demand and solid external relations position.