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VIETNAM'S BUSINESSES CONFIDENT: SURVEY
HANOI, Apr 14, 2009 (AsiaPulse via COMTEX) --
A local business confidence
index survey has found that a majority of domestic businesses
retain strong confidence in revenue increases over the next 12
months.
The survey, jointly conducted by the WVB Financial
Information Service company and PVFC Invest, reported that half
of the 150 businesses asked believe that their revenues will
rise in the next 12 months.
Accordingly, 51 per cent of the businesses, which operate
in 11 key areas, said they will not cut back on their
workforces in the next year, while 17 per cent said they have
planned layoffs.
Moreover, 47 per cent of the interviewed businesses said
they plan to inject more capital into their businesses, while
35 per cent said they plan to keep the current investment
level.
The survey also showed that 47 per cent of the businesses
are in dire need of bank loans for expansion plans, and all
believe in the effectiveness of the governments stimulus
measures, including the loan interest rate subsidy programme.
(VNA)
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