Fitch Ratings has rated Petrovietnam Gas Joint Stock Corporation (PV GAS) as a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB' with a positive outlook.
Maintaining raw material areas for the industry, improving the value of products, and ensuring incomes for farmers are major goals of Vietnam’s coconut sector this year, according to Vietnam Coconut Association.
The Vietnamese real estate market showed mixed results in 2022 with a boom in the first half of the year and a downturn in the second half, according to Nguyen Manh Ha, Vice Chairman of the Vietnam National Real Estate Association.
Southeast Asia has gained credence in the global economy since the onslaught of the COVID-19 pandemic and the Russia - Ukraine conflict, according to The Straits Times.
The Vietnamese economy picked up strongly in early 2022, thanks to a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic demand, and resilient foreign direct investment (FDI) flows.
Real estate mergers and acquisitions (M&A) are expected to be a good source of FDI in Vietnam this year, said Savills, and forecasting M&A activity is likely to increase in terms of frequency and value.
Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.
The ASEAN+3 region will remain resilient in 2022 in face of new challenges from the COVID-19 pandemic and the global economy, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
Given Vietnam’s successful control of the COVID-19 pandemic, experts in tourism and hospitality have predicted a positive outlook for Vietnam’s tourism post-COVID crisis.
Firms with US dollar-denominated debts estimate to regain significantly in the second quarter of this year as the US dollar has devalued against the Vietnamese dong in the period after reporting a surge in the first quarter.
Property consultants Savills Vietnam have adopted a positive outlook on real estate investment in Vietnam amid the COVID-19 pandemic, saying that when it eases there will be increasing numbers of investors injecting new capital into the sector.
Buoyed by a strong economy and excited by their international prospects, Vietnamese businesses are anticipating a bright future, according to the latest “HSBC Navigator: Now, Next and How” report.