Business Confidence Index rises
VGP - Over 71.4% of the surveyed enterprises said they believe that Vietnam’s economy will become better in the next 12 months, and only 3.1% worry about it in 2012, according to the Vietnam’s 2nd Quarter Business Confidence Index (BCI) report announced by information service provider WVB FISL.
According to the survey’s results, BCI in the 2nd quarter of this year increased by 7 points against the 1st quarter (113 points) and surged by 20 points against the 3rd quarter of 2008 (100 points).
Over 44% of the surveyed enterprises said Vietnam’s economy has improved, nearly 36% assumed that it has remained flat, and more than 20% stated that it has become worse, compared with the previous 12 months.
Nearly 71% of businesses believed that profits will increase in the next 12 months, roughly 25% said they remain flat.
Therefore, nearly 51% of the enterprises plan to keep their workforce unchanged, 35% employ more staff, and some 14% slash employees.
Most of the surveyed enterprises said the biggest difficulty faced by them is procedures for credit granting and tax policies. The presence of counterfeit goods is another difficulty.
They stated that the best solution is stimulating demand and lowering interest rates.
Most of enterprises said business assistance packages proposed by the Finance Ministry will be effective.
By Ngoc Van
