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).

Hanoi (VNA) – 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).

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

The GSO said that industrial production in the second quarter reported positive growth as production and business activities were maintained and gradually recovered, with the added value up 11.45 percent year-on-year.

In the first half of this year, the industrial sector’s added value is estimated to increase by 8.91 percent year-on-year, of which the manufacturing 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 and processing industries increased by 24.3 percent year-on-year.

To address inventory and boost production, the Ministry of Planning and Investment proposed localities continue stepping up administrative procedure reform and simplifying specialised inspection procedures.

On June 1, the number of labourers working in industrial firms decreased by 1.4 percent month-on-month, and 1 percent year-on-year./.

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