Business

Nearly 78 pct of manufacturing, processing firms expect stable, better performance in Q3

Some 39.2 percent of surveyed manufacturing and processing enterprises expect better performance in their production and business in the third quarter of 2021, and 38.6 percent believe to enjoy stable production and business, according to a survey recently conducted by the General Statistics Office (GSO).
Nearly 78 pct of manufacturing, processing firms expect stable, better performance in Q3 ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Some 39.2 percent of surveyed manufacturing andprocessing enterprises expect better performance in their production andbusiness in the third quarter of 2021, and 38.6 percent believe to enjoy stableproduction and business, according to a survey recently conducted by theGeneral Statistics Office (GSO).

Meanwhile, 22.2 percent of responded enterprises predictthey may face more difficulties than the period quarter.

The GSO said that industrial production in the secondquarter reported positive growth as production and business activities weremaintained and gradually recovered, with the added value up 11.45 percentyear-on-year.

In the first half of this year, the industrial sector’sadded value is estimated to increase by 8.91 percent year-on-year, of which themanufacturing and processing industries grew by 11.42 percent.

At present, major groups are planning to invest in Vietnam,mainly in electronic production and component manufacturing.

As of June 30, the inventory rate of the manufacturing andprocessing industries increased by 24.3 percent year-on-year.

To address inventory and boost production, the Ministry ofPlanning and Investment proposed localities continue stepping up administrativeprocedure reform and simplifying specialised inspection procedures.

On June 1, the number of labourers working in industrialfirms decreased by 1.4 percent month-on-month, and 1 percent year-on-year./.
VNA
#manufacturing and processing enterprises #Nearly 78 pct #better performance #third quarter of 2021 #stable production and business #General Statistics Office #Vietnam #Vietnamplus #Vietnam News Agency
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