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Enterprises pleased with economic recovery

by VTV427 September 2015 Last updated at 11:30 AM

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Enterprises pleased with economic recovery
VTV.vn - While Asian economic growth fell, Vietnamese growth will increase 6.5% in 2015, according to a forecast from the Asian Development Bank (ADB). Businesses and experts attribute this to the continuous efforts of enterprises and the government.

The Saigon Paper Joint Stock Company is one of the companies satisfied with the result. The company itself achieved good results in September, with a 30% rise in sales compared with last year. By the end of 2015, the company expects 96 mil USD in revenue.

Overcoming various economic difficulties, more than 61 thousand enterprises have been established since the beginning of this year - a 29% increase from 2014, alongside a 3.7% increase in companies returning to operation. Foreign direct investment is estimated to reach 8.5 bil USD, up 7.6%.

The government has made many effective decisions throughout the process of economic recovery. However, in the context of the devaluation of the Chinese yen, and the US likely increasing the base rate by the end of this year, experts say Vietnam will certainly be affected.

Economic growth forecasts indicate that Vietnam will stabilize in the fourth quarter of 2015, and continue to grow in 2016.