General trends and business expecations: Results of the business trend survey of Vietnam GSO from 3389 manufacturing enterprises showed that 36.6% of enterprises assessed the situation of business and production in the 3rd Quarter more positive than in the 2nd Quarter; 19.9% having difficulties and 43.5% having the stable business and production situation. The survey on expectations on the 4th Quarter compared to the 3rd Quarter showed good results with 46.8% of enterprises evaluating trends to be better; 14.4% of enterprises forecasting to be worse and 38.8% of enterprises expecting stable business and production situation.
Production volume: 40% of enterprises assessed the production volume in the 3rd Quarter of this year rose compared to the previous quarter; 20.7% evaluated the production volume went down and 39.3% thought it was stable. The trend of the 4th Quarter in comparison with the 3rd Quarter: 49.2% of enterprises forecasted the production volume would be up; 13.8% forecasted it would be down and 37.0% forecasted it would be stable.
Orders:About orders of this year’s 3rd Quarter compared with the 2nd Quarter: 34.2% of enterprises had the higher number of orders; 19.8% had the number of orders reduced and 46.0% had the stable number of orders. The trend of the 4th Quarter in comparison with the third Quarter was forecasted to be better: 43.6% of enterprises expected to have the higher number of orders; 12.7% expected the number of orders would be dropped; 43.7% expected to have the stable number of orders.
Export orders: About 28.5% of enterprises confirmed to have the higher number of export orders; 19.8% had the reduced number of export orders and 51.7% had the stable number of export orders. The trend of the 4th Quarter compared with the 3rd Quarter: 37.6% of enterprises expected to raise the number of export orders; 13.1% expected to be declined and 49.5% expected to be stable.
Production costs: About 26.7% of enterprises confirmed production costs per unit of product in the third quarter increased against the previous quarter; 9.7% of enterprises confirmed costs went down and 63.6% of enterprises assessed costs were stable. The trend of the 4th Quarter in comparison with the 3rd Quarter as follows: 20.6% of enterprises expected production costs would increase; 11.7% said that costs would reduce and 67.7% expected production costs would be stable.
Selling price: Regarding the product selling price in the 3rd Quarter compared to the previous quarter, 15% of enterprises had the increased selling price of products; 12.7% of enterprises had the selling price lower and 72.3% of enterprises had stable product selling price. Expecting the product selling price in the fourth quarter in comparison with the 3rd Quarter, 16.1% of enterprises forecasted the selling price would be higher; 8.8% forecasted the selling price would be lower; and 75.1% forecasted it would be stable.
Stock of products (inventory): 21.7% of enterprises had inventories in the 3rd Quarter increased from the previous quarter; 30.9% had inventories reduced and 47.4% remained stable. The trend of the 4th Quarter in comparison with the 3rd Quarter: 16.2% of enterprises forecasted inventories would go up; 33.5% thought inventories would go down and 50.3% forecasted inventories would keep stable.19.7% of enterprises had the inventory volume went up; 28.4% had the inventory volume went down and 51.9% had the inventory volume kept intact.
Expecting the inventory of raw materials in the fourth quarter in comparison with the 3rd Quarter, 14.9% of enterprises forecasted the inventory of raw materials to be increased; 30.7% forecasted the inventory to be reduced and 54.4% said that it would have no changes in the inventory of raw materials.