85% of local businesses anticipate better situation in Q3
VOV.VN - Up to 85% of enterprises operating in the processing-manufacturing and construction sectors expect a better and more stable business situation in the third quarter, while only 15% predict that the situation will be tougher, according to a survey conducted by the General Statistics Office.
The survey also found out that in the third quarter, 44.9% of the firms surveyed said that they are optimistic of a rise in new orders, while 13.8% forecast a decline. The order balance indicator in the non-State sector stands at 31.6%, while that in the FDI sector is 30.8% and in State-owned sector the figure is 26.4%.
Meanwhile, in the third quarter, a total of 20.2% of enterprises witnessed a rise in the number of their employees, while 9.3% forecast a fall.
The GSO said that although business and production activities have recovered after the COVID-19 pandemic, with a particular high demand for production and construction materials, domestic steel has surged due to China’s decrease of production and export.
Furthermore, petroleum price rises have led to an increase in the prices of other construction materials, thereby directly impacting the overall cost of projects.
The GSO advised the Government to apply more drastic measures in an effort to stabilise the input material prices for the construction sector, while rolling out solutions as it seeks to speed up construction projects. This will contribute to creating favourable conditions for businesses to access capital from the State budget.
The GSO’s quarterly production and business prospect survey covers 6,500 enterprises in the processing and manufacturing industries and 6,799 enterprises throughout the construction industry. In the second quarter, the survey received responses from 5,635 processing-manufacturing firms and 6,315 construction companies.