The Vietnamese Ministry of Finance (MoF) on Thursday said Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.

Việt Nam is among 38 emerging market economies to have adopted significant banking reforms to boost development and combat climate change, the second Global Progress Report of the IFC-facilitated Sustainable Banking Network (SBN) revealed.