Fitch Ratings Says Risks to Vietnam From Real Estate Has Eased

The risk that Vietnam’s government may be burdened by debt in the property sector has eased, according to Fitch Ratings, even as the company warned that uncertainty persists.

“With interest rates having fallen back, the associated stress has peaked and worst-case scenarios that might have seen contingent liabilities migrate to the sovereign balance sheet appear much less likely,” Fitch analysts including Sagarika Chandra said in a statement on its website Tuesday.