While still below the 50-point threshold for four straight quarters, this small rise indicates emerging positive economic momentum, according to a report released Monday by the European Chamber of Commerce
(EuroCham).
Between Q2 and Q3, there was a 3 percentage point drop in pessimism regarding the current situation, while positive and neutral perspectives increased by 6 and 4 percentage points respectively.
Furthermore, the Q3 survey revealed a shift in projections for the quarter to come. Compared to responses in the Q2 survey, there was an 11 percentage point rise in businesses anticipating economic stabilisation and growth for the upcoming quarter. On the other hand, businesses projecting a negative trend reduced by 5 percentage points, said
EuroCham.
Vietnam’s global investment appeal remains strong, with 63% of surveyed businesses positioning Vietnam within their top 10 FDI destinations.
Even more striking, 31% ranked Vietnam among their top three, while an impressive 16% hailed it as their foremost investment destination.
To improve the nation’s FDI attraction, 58% of respondents said streamlining bureaucracy is key, 48% advocated for enhancing the regulatory environment, one-third called for upgrading transport infrastructure, and 22% emphasised easing visa and work permit requirements for foreign experts. Source: Vnexpress
