Firms are optimistic about Q3 outlook
Wednesday, July 12,2017AsemconnectVietnam - A survey by the General Statistics Office has revealed that that 52 per cent of firms operating the domestic processing and manufacturing sector expect business to improve in the third quarter of this year.
In addition, nearly 36 per cent foresaw stable business while only 12 per cent forecast local business would be weaker.
Ha Quang Tuyen, Director of the GSO’s National Account Department, said that business optimism would be one of major drivers for economic growth in the second half of this year.
“We have opportunities and advantages to achieve the GDP growth target of 6.7 per cent this year,” Tuyen said.
He cited statistics showing that there were more than 61,000 new firms established in the first half of this year, with a total registered capital of VND596 trillion (US$26.14 billion), representing a rise of 12.5 per cent and 39.4 per cent over the same period last year, respectively.
Tuyen said that new firms would be a significant growth resource.
Findings also forecast that trends in production and business would follow a stable, upward third quarter trend. Statistics showed that 53.4 per cent expect increases in production and 47.7 per cent anticipate increases in new orders in the third quarter.
Only 10.6 per cent predicted decreases in production and 11.2 per cent anticipated decreases in new orders.
During the past four years, Viet Nam has strived to improve the business environment and the national competitiveness with the issuance of the Resolution 19.
Source: Bizhub.vn
Vietjet offers speical promotions on its flights to Australia
OCB estimated to achieve about VND1,200 billion profit in Q1/2024
Cienco 4 (C4G) target 92% increase in profit after tax in 2024
PVTrans (PVT) plans for consolidated profit in 2024 to reach VND760 billion
MSB plans to profit VND6,800 billion and pay 30% dividend
Vinhomes (VHM): Promoting potential new projects, profit target of VND35,000 billion in 2024
Da Nang Rubber (DRC) plans profits go backwards in 2024
Positive business results, DNSE plans to pay 5% cash dividend
Petrolimex Import-Export (PIT) plans to close the petroleum segment, focusing on the spice industry
PVOIL (OIL)'s goal to become the number one enterprise in terms of quality of petroleum and non-petroleum business services
Novaland (NVL): Audited profit after tax VND199 billion different from the self-made report
VIX Securities (VIX) plans to grow in 2024
Viettel Post (VTP) targets delivery and logistics revenue to reach VND9,147 billion in 2024
BIC sets a profit target of VND600 billion in 2024
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...