Illustrative image (Source: VNA) According to a survey announced by AmCham Vietnam on November 29, businessesin HCM City are on their way to resume production and business activities, andthey are optimistic about the future of the Vietnamese market.
The deployment of vaccination campaigns against COVID-19 in theSoutheast Asian nation have allowed many sectors to open and recover with asafe roadmap, ensuring regulations on pandemic prevention and control, the surveysaid.
More than 60 percent of AmCham Vietnam’s member enterprises which responded tothe survey, have resumed their operations at 80 percent of the normal capacity, and85 percent of them operated at 60 percent of the normal capacity or more.
For those which have not yet reached their normal capacity, 25 percentare expected to reach 100 percent by the end of 2021,and over 60 percent and more than 90 percent hope to return to normal in the first and second quarters of 2022, respectively.
Notably, nearly 80 percent of AmCham Vietnam member businesses participatingin the survey demonstrated their positive evaluations about the medium andlong-term prospects in the Vietnamese market, saying that they have planned orare considering expanding investment in the country.
Executive Director of AmCham Vietnam MaryTarnowka said that more consistent policies on adjustments to safely live withCOVID-19 across localities nationwide will be key to Vietnam's economicrecovery.
Accordingly, liberalizing the requirements related to internationaltravel of foreign experts will not only facilitate investment expansion of enterprisesoperating in Vietnam, but also attract new investment inflows, she said.
However, the survey shows that production and businessenterprises are also facing many difficulties because the domestic marketcontinues to fluctuate and the international supply chain is still not connectedas seamlessly as before.
Thesurvey said the restriction on international travel is the main factor limitingoperations of businesses at present, which leads to supply chain disruptionsand increasing costs. Up to 56 percent of AmCham Vietnam’s member businesses saidthat they have encountered the shortage of labourers./.
VNA
