The S&P experts expressed a belief that with such strong institutional reforms and a dynamic policy agenda, Vietnam’s economy is poised for rapid growth, and its sovereign credit rating will see further improvement in the near future.

The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook.

The US-based newswire barrons.com has published an article annalysing positive impacts on Vietnam’s financial market of an infratructure development plan issued at the 13th National Congress of Communist Party of Vietnam.

Many Vietnamese commercial banks have moved to develop retail banking services, seeing it as a strategy to reduce risks and optimise their business results, according to insiders.