Almost 54.6 percent of them forecast a better working quarter, and 34.8 percent forecast their operations will be stable. Meanwhile, 10.6 percent of businesses say they will face more difficulties than in the first quarter of this year.

The GSO said that the survey questioned 6,500 businesses operating in the processing and manufacturing sector across 63 provinces and cities.

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The FDI sector reported the highest rate of enterprises which are optimistic about their business and production situation with 91.3 percent, followed by the non-state sector, and the state sector, with 88.8 percent and 86.8 percent, respectively.

In terms of production volume, 55.7 percent of enterprises forecast increases in the second quarter of 2019, while 10.3 percent predicted decreases.

Half of enterprises say that they will see rises in the number of new orders, while 9.6 percent predict decreases.

The GSO also pointed to several factors affecting business and production activities, including domestic competitiveness, low domestic market demand, and financial difficulties.

Trade union organisations trained to create better work in businesses

A training programme on how to create better work in businesses is being held in Ho Chi Minh City on March 19-20 for leaders of trade union organisations in southern localities.

 

Over 200 businesses join Int’l Maritime Expo Vietnam 2019

The International Maritime Expo (INMEX) Vietnam 2019 kicked off in Ho Chi Minh City on March 27, attracting more than 200 businesses from home and abroad.

 

Vietnam Expo 2019 to draw 500 businesses

As many as 500 enterprises from 23 countries and territories are expected to participate in the Vietnam International Trade Fair (Vietnam Expo 2019), scheduled to take place in Hanoi from April 10 to 13.

 

US-ASEAN Business Council bridges US firms and Vietnam: official

The US-ASEAN Business Council (USABC) has worked as an important bridge helping US firms invest in Vietnam and enhancing cooperation between the two nations, said Vice Chairman of the Vietnamese National Assembly Phung Quoc Hien. 

 

Vietnam – South Africa business dialogue held in South Africa

A Vietnam – South Africa business dialogue took place in Cape Town, South Africa on March 13, part of the fourth Vietnam – South Africa inter-governmental partnership forum. 

 

Source: VNA