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• Current economic conditions: 40% think the overall economic conditions have improved compared to one year ago; 35% believe that the current economic conditions stay the same and only 25% said that current economy conditions have become weak.

• Economic outlook: The bulk of the respondents (71%) expect the overall economic conditions will be better over the next twelve months, which increase 22.69% in comparison with QIV/2012, while 21% think the overall economic will be unchanged, they support expectations of a turnaround in economic growth and only 9% is worried about a dismal economy over the upcoming year, down from 1.16% in QIV/2012.

• Expected change in employment: With respect to expectations about employment levels in the coming year, the result indicates that expectations remained relatively unchanged. Nevertheless, respondents were less optimistic about growth in employment (47%) than they were in QIV (29.66%). 17% think there will be a cut down on the workforce in their companies but 36% said they would not hire new employees in the next twelve months.

• Planned fix investment: 43% is the number of firms reporting a plan of investment while 43% said they will keep them at the same level they are now over the next 12 months and 14% think they will reduce investment in fixed assets over next 12 months.

• Expected revenue growth: The majority of firms expected an increase in activity in the First quarter of 2013. 59% is the number of firms that expected an increase in revenue compared to the numbers that expected a decrease had sharply recuperated in this quarter. This level of optimism was however slightly higher than observed in QI of 2012/13. Only 35% said their company’s sales will keep the same (loss 0.59% in QIV/2012) and only a slight 6% of enterprises are worried about the decline of their revenues in 12 months, down from 5.58% in QI/2012.

• Expected profit growth: An overwhelming 60% of respondents said they expected their profit will rise over next year, up from 15.93% who said the same in QIV/2012. Meanwhile 34% said their profits will stay the same and 5.0% are worried about the decline of their profits in next 12 months.

In this quarter, the team survey WVB Vietnam has also investigated the opinions of the enterprises on the significant issues which their companies are facing in Vietnam such as : in the first quarter of 2013 as difficult, exist the biggest of the companies in the year 2012? Most of the COMPANIES are responding to their greatest difficulty in recent years is the supply/demand products (28%) and the indirect impact from partners (such as vendors claim rising prices make it difficult for companies in the balance of cost, assure the effectiveness of business-customer paying resulting in mass multiple inventory ...)

The survey results showed: Up to 60% of the enterprises involved interviews all responded to the Decree 08/2013 issued regulations sanctioning administrative violations with regard to acts of producing, trafficking in counterfeit goods from 100 thousand Dong to 100 million also contributed to protecting the cargo business. Interview results also showed businesses for that coffee (20%). Rice (22%) and textiles (13%) will be the staples are exporting the most in 2013. the majority of the businesses interviewed all said that banks charge ATM network but have yet to make their services better and according to business it will influence the Bank, social, and consumers as banks will lose a source of low-interest financing as well as pressure for Bank withdrawals from small retail customers. The results showed that more than half of businesses surveyed (69%) said that circular No. 38/2012/TT-BCT of the Industry on 20/12/2012 electric price regulations and guidelines for implementation, the increase in the price of electricity largely affect the production of enterprises. Also having 12% of businesses have yet to determine the increase in the price of electricity that affect them or not.

Despite gaining more than the previous quarter but the general sentiment of the Vietnam Enterprise still pessimistic about the prospects for the economy in general and the challenges that businesses will face in 2013 in particular, but the majority of businesses believe the government's commitment to curb inflation, and trust that the bank will support more business in 2013.

Component Score

Respondent breakdown by Sector/Industry