The Vietnamese Ministry of Finance (MoF) on Wednesday said Moody's Investors Service’s decision to confirm Vietnam’s rating at Ba3 but change the outlook to negative was not appropriate.

For Vietnam, the issue is not the lack of money to pay debt, but the inefficient coordination among government agencies, a point that Vietnam must improve on.

 VietNamNet Bridge – Moody’s Investors Service has raised its outlook on Vietnam’s banking system to stable from a negative assessment, noting improvements in economic stability and operating environment for lenders.

 Moody's has placed six Vietnamese banks on positive outlook, the credit rating agency announced on its website on Monday.

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 Moody’s Investors Service upgraded Vietnam’s credit rating on July 29, reflecting its continued macro-economic stability.

 VietNamNet Bridge – Moody’s maintains the "negative" outlook on Vietnam's banking system. It also said that the non-performing loan ratio is much higher than the official figure of 4 percent reported by the State Bank of Vietnam in October 2013.

 Restructured Viettel to concentrate on core business; SME owners determined to succeed; Moody's rating for VietinBank ‘stable'; Vinacomin clarifies tax confusion

 Global economic recovery has lost momentum over the past three months, with several economies still facing significant challenges and are unlikely to resume "normal" growth rates soon,