The increase to the rank of Ba3 is on account of Vietnam’s strong potential economic growth, supported by the effective use of human resources and capital in the economy.
It is also thanks to the stability of government debt, the gradual decrease of debt by foreign currency, and the debt structure with a fairly long paying-back term. This has helped to reduce the exposure of the Vietnamese economy to a sudden increase of loan fees and / or currency devaluation.
Call-up capital sources have also shown a fair stability of government debt when facing financial shocks.
