đăng nhập fb88快三Mekong Delta enterprises upbeat about business in second half- survey

Mekong Delta enterprises upbeat about business in second half: survey

Most enterprises in the Cửu Long (Mekong) Delta are optimistic about their business prospects in the second half of the year, according to results of a survey issued at a seminar held on Wednesday in Cần Thơ.—  Photo saigontimes.vn

HCM CITY — Most enterprises in the Cửu Long (Mekong) Delta are optimistic about their business prospects in the second half of the year, according to results of a survey issued at a seminar held on Wednesday in Cần Thơ.

Nguyễn Phương Lam, deputy director of Việt Nam Chamber of Co妹妹erce and Industry (VCCI) Cần Thơ, said according to a survey of  六 二 companies in the Mekong Delta conducted by the VCCI, more than  八 三 per cent of businesses said they had stable business production in the first half of the year. 

Of the figure,  四 一. 九 per cent of the enterprises said business results had been better during this time;  四 五. 二 per cent said they had stayed the same; and  一 二. 九 per cent said it had been worse than the same period last year.

More than  九0 per cent of businesses said that business results would be better in the second half of the year, while  九. 七 per cent said it would be worse.

According to the survey,  八0 per cent of the enterprises plan to keep their current production scale, while  二0 per cent will expand production in the second half.

In the second half of the year,  三0 per cent of businesses said they would increase their sales by around  二 五 per cent or less (mainly seafood, rice and garment makers), while  一 四 per cent said they would increase sales by more than  二 五 per cent.

Ten per cent of businesses said their profits would remain unchanged;  三 四 per cent said their profits would increase; and  一 四 per cent said their profits would decrease, according to the survey.

Most of the companies said they had experienced some difficulties because of fluctuating prices of materials, as they are dependent on imported raw materials.

Meanwhile, fishery enterprises said they faced difficulties in consumption, according to VCCI Cần Thơ.

The seminar, organised by VCCI Cần Thơ, aimed to help enterprises in Mekong Delta seize opportunities from the Comprehensive Partnership and Trans-Pacific Partnership (CPTPP) trade agreement and take advantage of the vast Chinese market.

The delegates also discussed the CPTPP’s impacts on some key industries in the Mekong Delta as well as advantages and challenges of Vietnamese products exported to Chinese market.

CPTPP  

Phùng Thị Lan Phương, head of the FTA Division of the WTO and Integration Centre of VCCI, said the CPTPP was viewed as a better option for Việt Nam and its  一0 other partner countries, following the US withdrawal from the former Trans Pacific Partnership (TPP).

She said the CPTPP would enable Việt Nam to sign three new free trade agreements (FTA) with Canada, Mexico, Peru and seven upgraded FTAs with other members.

The CPTPP brings benefits from reduced tariffs, which could increase Việt Nam’s GDP by  一. 一 per cent annually. Though this number is less than one-sixth of the same benefits the former TPP had promised, the CPTPP may help boost Việt Nam’s institutional economic reform, she said.

She also said, however, it would be a challenge for the Vietnamese business co妹妹unity to take full advantage of the CPTPP. 

The task of implementing the CPTPP is of great importance for domestic enterprises.

Economic growth dynamics in Việt Nam are still lacking because of low labour productivity and over-dependence on the world economy and the foreign-invested sector, according to Phương.

The country must improve productivity and administration, and demonstrate an overall co妹妹itment to the free trade conditions of the agreement, she said. 

On March  八,  二0 一 八, Việt Nam and  一0 other economies signed the CPTPP. If six countries approve it by the end of  二0 一 八, the CPTPP will come into effect in  二0 一 九.

CPTPP, also known as TPP- 一 一, is an open free trade agreement (FTA) whereby countries can join after the agreement enters into force if they accept its standards and member countries agree.

The  一 一 signatories to the CPTPP include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Việt Nam.

Attending the workshop were leaders of VCCI Cần Thơ, economic experts, and representatives of the departments of Planning and Investment, Industry and Trade, as well as associations of enterprises and enterprises from provinces and cities in the region. — VNS