Binh Duong: over 80% firms optimistic about production – business in Q3

As many as 84% of the businesses in a recent survey conducted by the statistics department of the southern province of Binh Duong say that their production will be more stable and grow in the third quarter of 2022.
Binh Duong: over 80% firms optimistic about production – business in Q3 ảnh 1Labourers working at a garment company in Dong An Industrial Park 1, Thuan An city, Binh Duong province. (Photo: VNA)

Binh Duong (VNA) - As many as 84% of the businesses in a recent survey conductedby the statisticsdepartment of the southern province of Binh Duong say that their production will be more stable and grow in the third quarter of 2022.

Particularly, 48.8% of the surveyedenterprises expected their production and business to be better, 35.2% hoped for stability in their situation, and 15.9% a more difficult time to come.

Notably, up to 100% of the state-owned respondents expected for morestable and better production and business in the third quarter compared to the second quarter.

Meanwhile, foreign-invested firms were themost optimistic about production and business with 87.4% expectingbetter performance or stability in the third quarter.

Director of the provincial statistics department Ngo Van Mit said that thesurvey results show the strong recovery momentum of production and businessactivities in Binh Duong. 

Enterprises operating in the locality are confidentto expand production and business, he said. 

According to Chairman of the provincial People’s Committee DuongVo Van Minh, the GRDP, industrial production index (IIP), and total revenue from retail sales of goods and services of Binh Duong in the first half of 2022 rose by 6.84%, 8.35%,and 12.3%, respectively.

The locality earned 32 billion USD from exports in the period. Its budget revenue was estimated at 34.8trillion VND (1.49 billion USD), reaching 58% of the year's estimate assigned by thePrime Minister./.

VNA

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