EuroCham upbeat about VN’s business environment
VGP – Business confidence and outlook among European businesses in Viet Nam’s market continued to be on the rise.
June 19, 2014 4:43 PM GMT+7
According a EuroCham Business Climate Index (BCI), conducted in May 2014, BCI in Viet Nam has bounced back to the same level of the prosperous period in 2011, jumping from 59 to 66 after one quarter.
Compared to the results of last quarter’s BCI, the amount of respondents assessing their current business situation as positive has remained relatively stable at 44% - compared to 45% last quarter and last year’s 43%.
The number of respondents remain negative perception has comparably declined from 29% to 21%.
Eurocham proposed that the Vietnamese Government take into consideration a number of concerns for European companies.
This quarter has shown a high expectation from the European business community in terms of the resource of strong implementation of FTA. In addition, the new online Customs VNACCS/VCIS system is deemed to be positive by almost relevant respondents (75%).
The positive trend of increasing investment plans has come back with 81% of respondents intending to maintain or increase their investment level, compared to last quarter’s 78%./.
By Kim Anh
