Most firms see bright economic prospects

29-07-2022

Up to 85 per cent of firms have an optimistic outlook for the business environment in Q4, whereas 15 per cent are pessimistic about the future, according to a survey conducted by the General Statistics Office (GSO).

 

The survey found that 44.9 per cent of firms expect new orders from customers to increase in Q3, whereas 13.8 per cent forecast the opposite.

 

The survey covers 6,500 firms in the processing and manufacturing sector and 6,799 in the construction sector. In Q2, it had 5,635 respondents from the former and 6,315 from the latter.

 

HCM City is Vit Nam's most dynamic and largest city, accounting for 25 per cent of the national GDP and 30 per cent of revenue.

 

The US remains one of Vit Nam's largest trading partners. Bilateral trade between the two countries reached $112 billion last year, rising from $90.8 billion in 2020.

 

According to the Foreign Investment Agency, currently the US has some 1,145 projects with a total registered capital of $10.3 billion, and experts said there is still a lot more room for growth. 


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