Vietnam has plenty of reasons to cheer as it made its way to the Year of the Cat: a 2022 GDP growth rate of 8%, the highest in 25 years; increased foreign direct and robust retail sales  that have surged beyond pre-pandemic levels.  The government has a 2023 growth forecast of as high as 6.5% and Fitch Ratings affirmed the country’s long-term foreign-currency issuer rating at ‘BB’ with a positive outlook.

Yet, headwinds are looming. Slowing growth in its key markets in Europe and North America threaten to derail Vietnam’s recovery. At home, concerns persist around the exposure of the country’s banks to the weak property market. Sustainability pressures also beckon with The Group of Seven (G7) countries committing US$15.5 billion to fund renewable infrastructure investment in the country. 

What are the implications for Vietnam’s economic growth, corporate and financial sectors, as well as its bond market? How will sustainability initiatives underpin the development of the country’s bond market especially issuances linked to green, social, and sustainability financing?

The Asset Events, in association with Fitch Ratings, is delighted to be hosting “Fitch on Vietnam: Overcoming challenges, sustaining growth”. Now on its sixth year, the event returns to the in-person format, bringing together decision-makers in the private and public sectors alongside experts from Fitch Ratings to examine the issues and opportunities in one of Asia’s fastest-growing economies.