High fuel cost due to rising oil price affected the profitability of the national airline
The current macroeconomic stability provides a favorable environment for businesses' operation and growth.
Petrolimex's revenue increased sharply as crude oil price rose 54% over the same period last year.
In the context of increasing inflation expectation since 2016, demand for credit capital and Government's bond issuance continues to be higher and higher, while the pace of investment capital disbursement still remains low, putting pressure on credit demand.
Many foreign investors have confirmed that Vietnam is their only destination in the region and they still expect to expand their investments in Vietnam.
Trade representatives of the 21 Pacific Rim countries, meeting late last week in Hà Nội, reaffirmed their commitment to support free and open trade and pledged to fight all forms of protectionism.
Fitch Ratings has revised the Outlook on Vietnam's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the ratings at 'BB-'. The ratings on Vietnam's senior unsecured foreign- and local-currency bonds are also affirmed at 'BB-'. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-and Local-Currency IDRs at 'B'.
Key messages remain to hang over the atmosphere of dialogue awaiting for PM's harsh action
The national-level dialogue of Prime Minister Nguyen Xuan Phuc and the business community, entitled “Walking in the step of businesses,” has kicked off. The PM promised to help enterprises tackle their woes. Below are some of their issues.
Around 800 personal computers and web servers in Vietnam had fallen victim to WannaCry ransomware as of Tuesday afternoon, local cyber security firm CMC Infosec said the same day.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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