Vietnam's economy was an outperformer in the Asia-Pacific in , avoiding a contraction in GDP in every quarter while many other countries suffered deep recessions. Still, full-year economic growth slowed substantially to 2. Unemployment also spiked in 2Q20 but has shown signs of a gradual recovery even as underemployment remains high. The recovery in economic momentum, combined with lower volatility relative to many other markets, raises prospects that a stable operating environment can be sustained for Vietnam's banks despite the further - albeit reduced - downside risks to asset quality.
Asia Commercial JS Bank
Asia Commercial Bank | Reports | Moody's
Asia Commercial Joint Stock Bank engages in the provision of financial and banking services. Its services include financial services, term deposit, import export finance, trade finance, global payments, guarantee, and cards services. This browser is no longer supported at MarketWatch. For the best MarketWatch. Economic Calendar Coronavirus Recovery Tracker. Sign Up Log In. FTSE
Fitch Revises Outlook on Asia Commercial Bank to Stable; Affirms 'B+'
July 12, July 7, July 5,
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