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European firms remain upbeat about doing business in Vietnam

by VTV407 November 2018 Last updated at 10:18 AM

VTV.vn - European business leaders have remained positive about doing business in Vietnam, according to the latest Business Climate Index from the European Chamber of Commerce in Vietnam, or EuroCham.

The report indicates that confidence in Vietnam's trade and investment environment, now at 81 points, is the second-highest rating since late 2016. EuroCham members continued to perform well in the last quarter, with 57% describing their situation as 'good' and 10% as 'excellent'.

Just 8% described their situation as negative. Looking ahead, business leaders remain optimistic, with just under 60% anticipating a 'good' outlook for their businesses, while 11% are looking forward to an 'excellent' end to 2018. Co-chairman of EuroCham Nicolas Audier said that the results are another vote of confidence in Vietnam's trade and investment environment as member companies continue to show optimism through investments and human resources expansions.

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