Illustrative photo (Photo: VNA) Hanoi (VNA) – About 22.7 percent of construction firms said they performedbetter in Quarter 3 while 40.9 percent said their business remained stable,according to the General Statistics Office (GSO).
Meanwhile, 36.4 percent of surveyed firms thought theyhad a more difficult period.
The result is based on a survey conducted by the GSO on 5,500 enterprisesengaged in construction activities across the 63 cities and provincesnationwide.
According to the survey, 66 percent of state-run enterprises said theirbusiness situation during July-September was either better than or stablecompared to the previous quarter.
The rate for the non-State sector was 63.3 percent and 64.6 percent among FDIcompanies.
The survey also indicated that 48.7 percent of the businesses said their totalproduction costs remained stable or reduced, while 51.3 percent said theircosts increased.
Regarding employment demand, 81.5 percent of the firms said their workforceremained unchanged or expanded, and 18.5 percent said they needed feweremployees.
In a bid to promote business activities in the end of the year, constructionfirms said competent authorities should shorten inspection time, and cutunnecessary administrative procedures that trouble the firms, including thenumber of monthly and quarterly reports.
Besides, they suggested more transparency in bidding process for projectsfunded by the State budget, and acceleration of capital disbursement forcompleted construction.
They recommended commercial banks reduce lending procedures, cut assessmenttime, and create more favourable conditions for businesses to get access tocapital.-VNA
VNA
