Thursday, 11/09/2008 10:11

Businesses believe in Vietnamese economy’s stability: VCCI

Many domestic and foreign enterprises said they believed that Vietnam , with its current policies, will maintain the economy’s growth.

According to a recent survey on businesses’ operation in Vietnam in the first half of the year conducted by the Vietnam Chamber of Commerce and Industry (VCCI), 42.1 percent of interviewed enterprises said the Vietnamese economy will remain stable while 30.6 percent of them expressed their belief that the economy will improve in the last months of the year.

Up to 3.7 percent of the interviewees even said they expect a spectacular comeback of the economy.

According to the survey, FDI enterprises are more optimistic than those of other sectors. As many as 82 percent of them said they believed in the stability and growth of the Vietnamese economy in the coming time while 65.4 percent of private businesses and 71.8 percent of the state-owned agreed with this opinion.

The survey shows that the businesses’ operation results in the first six months of this year were better than 2007, reflected in an average revenue growth of 10.9 percent compared with last year’s 5 percent.

However, export enterprises face great difficulties from rising prices of input materials and fluctuations in the foreign exchange rate, says the survey.

The survey was conducted among nearly 300 enterprises nationwide, of whom the private sector accounted for 58.9 percent; state-owned businesses, 31.9 percent; and the foreign-invested sector, 9.2 percent.

VNA

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