42% of surveyed enterprises expect better performance in Q4

Over 42% of 30,587 surveyed enterprises in the processing-manufacturing sector expect their business performance in the fourth quarter of 2024 to be better than the previous quarter, the Vietnam News Agency quoted a survey by the General Statistics Office (GSO) as reporting on October 21.

Meanwhile, 40.4% of the firms said their business will remain stable and the remaining 17.4% forecast more difficulties.

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

Businesses are also optimistic about the possibility of increasing new orders with an expected average increase of 24.3% against the 10.7% increase in the third quarter. As many as 40.5% of businesses expect an increase in orders; 43.3% expect stable numbers and 16.2% forecast a decrease in orders.

Regarding export orders, 36% of businesses expected an increase in new orders; 47.6% predicted a stability and 16.4% anticipated a decrease.

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