An agreement to this effect was signed in Hanoi on March 22 between Director of Debt Management & External Financial Department under Ministry of Finance, Nguyen Thanh Do and Standard Chartered Bank Vietnam Director Luis Taylor.
Under the agreement, SCB will support the Ministry of Finance to work with credit rating agencies including Moody’s, S&P and Fitch to improve the country’s credit rating.
SCB will also help the Vietnamese Government to promote information exchanges and develop relations with credit rating agencies in order to minimise misunderstandings and achieve more accurate judgments.