Vietnam gov’t encourages foreign investment into banking sector
The Vietnamese government welcomes Sumitomo Mitsui Banking Corporation’s deal worth US$1.4 billion to acquire 49% stake at local consumer finance firm FE Credit.
09:30, 2020/07/24
Moody's confirms ratings of five Vietnamese financial institutions
Moody's rating action concludes the review for downgrade initiated on April 7, 2020.
18:40, 2020/04/07
Moody's places five Vietnamese financial institutions on review for downgrade
An upgrade is unlikely, given the review for downgrade.
18:41, 2020/02/06
Vietnam's new consumer finance curbs to challenge business models: Fitch
Fitch Ratings believes larger, more established finance companies are better-placed to meet the new requirements while newer, smaller companies that concentrate on cash loans may find it harder to shift their business models.