4:00:31 PM | 17/7/2009
Vietnamese small- and medium-sized enterprises (SMEs) are very upbeat about the national economic growth and the growth of their operations, the most optimistic in Asia, according to the latest survey of the Hong Kong and Shanghai Banking Corporation (HSBC).
The survey on confidence of 3,400 SMEs in 12 emerging markets across Asia, Latin America and the Middle East indicated that Vietnamese SMEs scored a confidence level of 150 points, an increase of 19 points from 6 months ago and the highest in Asia.
Up to 62 percent of Vietnamese SMEs believe that the national GDP will grow faster, and 58 percent said that they would raise their capital investment, while 49 percent disclosed that they would recruit more staff members.
Forty percent said that the government’s policies and measures are among the major factors fuelling Vietnam’s economic recovery, while 28 percent hoped that regional and world economies would recover.
HSBC said India ranked 2nd in Asia in the confidence index behind Vietnam with 128 points, and Hong Kong stood at the bottom with 83 points.
Huynh Buu Quang, head of Commercial Banking at HSBC Vietnam said it was the
Government’s stimulus packages and interest rate subsidies for SMEs that encouraged businesses to increase their investment, helping to recover the national economy in the second quarter. (HCM City Law, VNA)
Vietnamese
