VCCI: Vietnam Cos Upbeat about Economic Growth, Government Policies

Many local and foreign-invested businesses in Vietnam have expressed their optimism in policies which the government of Vietnam has been adopting to maintain the economic growth rate, a survey on 300 domestic and foreign invested firms by the Vietnam Chamber of Commerce and Industry showed.

 

Forty two percent of the surveyed firms said the economic growth rate will be maintained at stable rate, 30.6 per cent believe that the economy will be better in the remaining months this year and 3.7 per cent expect that remarkable growth of the economy.

 

VCCI said that 82 per cent of the FDI companies pin high hope in stable growth of Vietnam’s economy, so do 65.4 per cent of non-state companies and 71.8 per cent of state-owned enterprises.

 

Meanwhile, Vietnam now ranks the 92^nd among the 181 economies surveyed in the World Bank’s (WB) global report on the ease of doing business, dropping five places compared to the position in the previous report. (VNA, Vietnam Economic Times)