Businesses upbeat about production in Q3
(VOVWORLD) - 37.3% of surveyed businesses expect better performance in Q3, while 43.5% forecast steady operations, according to a recent business sentiment survey conducted by the National Statistics Office.
 (Photo: VOV) |
Foreign-invested enterprises (FDI) remain the most optimistic, with 81% predicting stable or improved conditions. The proportion stands at 79.8% for state-owned enterprises and 80.7% for private domestic firms.
Phi Thi Phuong Nga, Director of the Industry and Construction Statistics Department at the General Statistics Office, said the coming months will be a crucial time for production growth as consumer demand rises during major holiday seasons in the US and Europe.
Domestically, the transition to a two-tier local administrative model has enabled businesses to be more proactive in developing their production and business plans, she said.