EXSO CO.,LTD.

HCMC - Standard & Poor’s on Wednesday revised Vietnam’s outlook to stable from negative, citing the government’s successful drive to bring down sky-high inflation. At the same time, the ratings agency also upgraded the outlook for two major banks, namely Vietinbank and BIDV, to stable from negative.

In a statement issued on Wednesday, the ratings agency said that it affirmed Vietnam’s long-term sovereign credit rating at BB- with a stable outlook and the ...

HANOI – Foreign and domestic enterprises attending the Vietnam Business Forum (VBF) 2012 in Hanoi this week have showed their concerns over the Government’s cap of advertising and promotion (A&P) costs. Alain Cany, co-chairman of Vietnam Business Forum (VBF) Consortium, told the Daily that A&P costs are part of the normal costs of running a business as advertising and promotional activities positively impact the interests of consumers, businesses and the country. Th...

Vietnam's export turnover in April is estimated to reach US$8.6 billion, an increase of 14.3 per cent over the same period last year, according to the Ministry of Industry and Trade at an online meeting in Hanoi and Ho Chi Minh City on Wednesday. In the first four months of this year, export turnover reached US$33.4 billion, an increase of 22.1 per cent over the same period last year. In April, the trade deficit was estimated at only US$200 million. However, production and trading act...