Vietnamese enterprises keep optimistic on 2011 economic outlook

Grant Thornton auditing and consulting firm reported 62 percent of enterprises in Vietnam found optimistic on the country’s economic outlook for 2011, according to VnExpress.

The result was from Grant Thornton’s 2011 survey on confidence of global economy, which was released today January 4. The country with the most optimistic corporates is Chile with 95 percent of questioned companies saying that their economy will recover this year. Following are India with 93 percent, Philippines 87 percent and Switzerland 85 percent.

60 percent of Chinese firms in the survey believed on their economic outlook, falling from 40 percent of the previous year. In Vietnam, 62 percent of respondents find it optimistic on their economic growth, compared to 72 percent of 2010 survey.

Ken Atkinson, general director of Grant Thornton Vietnam explained, high inflation and interest rates have affected positively to the optimism in Vietnam. 62 percent remains a very satisfactory result. Despite a lower rate, Vietnamese companies continue towards a long term vision. 41 percent of respondents want to increase investments in research and development, 34 percent plan to expand investments of equipments and facilities, and up to 78 percent said they would focus on resources investment.

Tags: Vietnamese enterprises

Posted by VBN on Jan 7 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry