State involvement in Vietnam rating agency is ill-advised

Vietnam’s MoF wants to launch a domestic credit rating agency to develop the onshore bond market, but a lack of commercial viability means the government may have a hand in rating its own SOEs.

  • 13 Sep 2013

Vietnam wants to set up a domestic credit rating agency but private investors may be uninterested, and unless the business was privately run it would have little incentive to offer accurate assessment of the state owned enterprises (SOEs).

The Ministry of Finance (MoF) will take suggestions on the credit ...

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