Over 42% of firms foresee better business performance in Q4

Over 42% of surveyed enterprises in the processing-manufacturing sector expect that, their business performance in the fourth quarter of this year will be better than the third quarter.

This is a result of a recent survey conducted by the General Statistics Office, with the participation of 30,587 enterprises nationwide.

The survey also shows that, 40.4% of the respondents said, their business will remain stable, and 17.4% of the firms foresaw more difficulties.

Indicators such as new orders, employment and production outputs are also forecast to grow in the fourth quarter.

Specifically, production outputs are expected to increase to 25.4% from the growth of 14.8% in the third quarter, indicating a strong recovery for the sector.

Businesses are also optimistic about the possibility of increasing new orders, with an expected average increase of 24.3%.

Businesses with foreign direct investment are forecast to achieve the most positive results, with the highest expected increase in production volume and new orders, according to the survey./.