HÀ NỘI — Việt Nam’s B1 rating and positive outlook reflect its expectation that strong foreign direct investment (FDI) inflows will continue to diversify the country’s economy when compared with similarly rated peers, Moody’s Investors Service said on Monday. Moody’s conclusions are contained in its released annual credit analysis of the sovereign: "Government of Việt Nam -- B1 Positive." Moody’s noted that robust GDP growth is continuing, along with macroeconomic and external stability, a situation which is favourable for the stabilisation of the Government’s debt burden. Việt Nam’s B1 issuer rating incorporates credit strengths, which include the size and diversity of the country’s economy relative to similarly rated peers. Moody’s considers Việt Nam’s advances in competitiveness and reforms have in part been driven by the country’s entry into several free-trade agreements in recent years.

Source: Viet Nam News May 23, 2017 08:37 UTC