VIB Archives | Be Korea-savvy

Luxury Baby Goods Surge Amid Ultra-Low Birth Rates and ‘VIB’ Spending Boom

SEOUL, April 10 (Korea Bizwire) — As South Korea grapples with historically low birth rates and a rapidly aging population, a surprising economic trend has emerged: the booming demand for high-end baby products, with some items now fetching well over 1 million won. What was once a market defined by necessity is increasingly shaped by [...]

Moody’s Upgrades VIB’s Ratings to B1

HANOI, VIETNAM, Nov. 9 (Korea Bizwire) - Moody’s Investors Service has just upgraded the baseline credit assessment (BCA) and adjusted BCA of Vietnam International Bank (VIB) to B1 and Counterparty Risk Assessment (CRA) to Ba3. Previously, right after upgrading the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1, Moody’s upgraded the long-term [...]