Credit ratings agency Fitch Ratings has assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook for the second consecutive year.

VOV.VN - S&P Global Ratings has upgraded its long-term credit rating on Vietnam to BB+ with a stable outlook on the back of its strong economic recovery and improved government institutional settings.

VOV.VN - Vietnam has moved up 30 notches to rank 62nd in the latest edition of Nikkei’s COVID-19 Recovery Index thanks to the country’s high vaccination rate.

VOV.VN - Vietnam has seen a constant fall in the number of new daily COVID-19 infections, with 3,717 confirmed on May 1, marking a drop of 1,391 cases from the previous day, according to the Health Ministry.

VOV.VN - A total of 6,068 fresh COVID-19 infections were reported in the nation, a fall of 1,048 compared to the previous day, while only one fatality was confirmed, according to figures given by the Ministry of Health on April 29.

VOV.VN - Despite Vietnam enduring a brief setback in 2021 due to the highly-infectious Delta variant of the COVID-19 pandemic, its economy has begun to recover since the end of last year, with exports recording an outstanding performance, Hong Kong (China)-based news outlet HK01 reported.

The Government has set the budget overspending cap in 2022-2023 at 1%-1.2% of the country’s gross domestic product (GDP), not exceeding VND240 trillion.

VOV.VN - Leading local chess player Le Quang Liem sprung a surprise at the Oslo Esports Cup after successfully beating reigning world champion Jan Krzysztof Duda of Poland on the fifth day of the competition.

Vietnam is likely to complete its target of 6.5% in economic growth for 2022, but the goal of keeping the inflation rate under 4% is tough, according to Assoc. Dr. To Trung Thanh from the National Economics University (NEU).

VOV.VN - Experts and businesses have recommended that the Government quickly accelerate the credit rating of bond issuers and move to strengthen the accountability of intermediaries as a way of minimising risks for investors engaging in the capital market.