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Việt Nam finance ministry responds to Moody’s latest rating action

2019-12-19 17:55
Việt Nam finance ministry responds to Moody’s latest rating action
The Vietnamese Ministry of Finance (MoF) on Wednesday said Moody's Investors Service’s decision to confirm Việt Nam’s rating at Ba3 but change the outlook to negative was inapt, given it is grounded on an isolated incidence and does not adequately recognise the Vietnamese Government’s instituted policies and procedures to ensure smooth and timely debt repayment on government guaranteed borrowings.

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