European enterprises increasing investment in Vietnam: Eurocham

The European Chamber of Commerce in Vietnam (Eurocham) has announced in its 13th report on Business Climate Index in Vietnam for the fourth quarter that stands at an average 50 points, equal to the third quarter this year.

Research showed European enterprises’ business prospects and confidence level in Vietnam.

Of the total European enterprises, 38 percent showed positive appreciation of current business situation in the country.

A forecast indicates increase of investment plans and orders is expected, with the report also suggesting that inflation will reduce influence on business activities.

More companies will ‘significantly increase investment’ having doubled from last quarter from 8 to 16 percent.

By My Hanh – Translated by Kim Khanh

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