Fitch ratings: Vietnam’s economy is bright spot in the region

Vietnam is the most stable and fastest-growing market in the Asia Pacific region, compared to other countries with the same global credit rating, according to Fitch Ratings.

While Vietnam's credit rating is rising, the rates of other countries in Asia Pacific, such as Mongolia, Sri Lanka, and Pakistan, have seen decreases.

According to Fitch Ratings, one reason for this is that Vietnam has maintained macroeconomic stability, while other countries have become less stable due to external influences. Vietnam's current surplus will strengthen its economic resilience. Meanwhile, Vietnam's liquidity ratio now exceeds the average of same-class countries.

In May, Fitch Ratings raised Vietnam's outlook to "positive".

Source: VOV5