-- Moody's Ratings raised its outlook on the Government of Vietnam to "positive" from "stable" while affirming its issuer and senior unsecured rating at Ba2, according to a release by the ratings agency on Monday.
The improved outlook reflects the country's potential to improve its credit profile over the next few years, as well as strengthening institutions and governance, the rating agency said.
Risks linked to US trade policies are now also seen as less severe than previously expected.
The affirmation of the Ba2 rating reflects the country's "strong growth potential, improving macroeconomic stability, and sustained attractiveness as a foreign investment destination," Moody's said.