Nearly 65% ​​of enterprises believe in stable, growing production and business situation

On June 29, provincial Statistics Office held a press conference to announce data on socio-economic situation for the first 6 months of 2023.

At the press conference, Ngo Van Mit, Head of provincial Statistics Office said that due to the influence of the world’s economic situation, in the first 6 months of 2023, the purchasing power of the domestic retail market recovered, but was still but slow. Public investment capital was  low; credit for the whole economy, credit growth for the real estate market were lower than in previous years, affecting many relevant sectors such as steel production, building materials, mechanics, etc. In the face of the situation, provincial Party Committee, People's Council and People's Committee have implemented many solutions to remove difficulties and reduce burden on enterprises. However, during the process of recovering production and business activities, enterprises still faced many difficulties in finding customers, accessing loans and lacked human resources at requirements... The province’s total product GRDP in the first 6 months of 2023 increased by 3.76% compared to the same period last year. Although the province's GRDP has not met expectations, this is a positive and remarkable result when the economic growth of some countries in the country are also very low, even down compared to the same period in the first 6 months of 2022.

The results of surveying business trends from 413 enterprises in the processing and manufacturing industries and forecast about the situation of production and business in the third quarter showed that 26.4% of enterprises forecast that the situation will be better, 38.5% forecast that the situation will be stable; 24.4% forecast that there will be an increase in new orders, 38.3% forecast that there will be a stable number of new orders...

Reported by Minh Duy-Translated by Kim Tin

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