Workers process sweet corn for export at the factory of the Vifoco Import Export JSC in Song Khe commune of Bac Giang city, Bac Giang province (Photo: VNA) Hanoi (VNA) – About 89.4 percent of surveyed processing and manufacturing enterprisesexpected their production output would increase and remain stable in the thirdquarter of 2019, according to the General Statistics Office (GSO).
About 53.1percent of them said they are likely to witness better performance and 36.3 percent said that their productionoutput would be stable while 10.6 percent predicted it would decrease.
Around 91.9percent of firms in the industry were optimistic that they would perform betterand have stable production in the second half of the year compared to the firsthalf while 8.1 percent forecast their output would slide.
Of which,foreign direct investment (FDI) companies were the most optimistic in July –September when 91.1 percent of them predicted to see output expanded and remainstable, followed by non-State enterprises (88.9 percent) and State-ownedenterprises (87.9 percent).
The FDI firmswere also the most optimistic in the second half of the year when 93.1 percentof them expected production output to grow and remain stable, followed bynon-State enterprises (91.6 percent) and State-owned enterprises (90.6percent).
The GSOreported that 20.6 percent of the companies estimated to proceed the thirdquarter with higher costs per unit compared to the second quarter while70.1 percent of them expected costs per unit unchanged. About 9.3 percentcalculated to have lower costs per unit.
Lower costs per unit weremainly forecast in manufacturers of electronics, computers, optical products;manufacturing of paper and paper products; manufacturing of vehicles andmanufacturing of electrical devices.
Around 47.9percent of the surveyed firms said they would receive more orders in thethird quarter compared to the previous one and 41.8 percent said the number oforders would not change, while 10.3 percent forecast to receive fewer.
For the secondhalf of the year, 54.1 percent of the enterprises expected to receive moreorders while 37.8 percent estimated the number of orders would not change.
Sectors withhigher orders included electronics, computers and optical products; leather andleather products; clothing; vehicles; rubber products and plastics; and medicines, pharmaceutical chemicals and medicinalmaterials.–VNA
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