Enterprises upbeat on business operations for remainder of 2019

Sunday, 2019-09-29 14:10:19
 Font Size:     |        Print

Most enterprises are upbeat on their business operation in Q4 2019. (Photo: NDO/Thanh Tra)
 Font Size:     |  

NDO – The latest survey by the General Statistics Office of Vietnam (GSO) has revealed that most processing and manufacturing enterprises are optimistic about their business operations in the remaining three months of 2019.

According to the GSO, 52.1% of businesses surveyed said that they believed that their operations would be better in the fourth quarter of 2019, while only 12.1% of them forecasted to be more difficult and 35.8% stated that their business and production situation would be stable.

In particular, the FDI sector continues to be most optimistic as more than 90% of FDI businesses forecast better and stable performance in the fourth quarter. This ratio in State-owned enterprises and non-State enterprises are 82.8% and 87.5%, respectively.

In terms of production volume, 52.4% of surveyed businesses forecast an increase in production volume in the fourth quarter, while 11.6% of them predicted a decrease and 36% forecast stability.

In addition, 47.9% of businesses are expected to have increased production orders in the fourth quarter; only 11.5% of them forecast to reduce orders and 40.6% predicted to have stable orders.

Regarding export orders, in the fourth quarter of 2019, 40.9% of businesses expected an increase in their export orders, while 11.6% of them forecast a decrease and 47.5% expected to have stable export orders.