The eleventh quarterly survey on business climate index of European enterprises conducted by the European Chamber of Commerce in Vietnam in May this year shows that confidence and business prospects among the European business community have gradually improved.
After standing below 50-point levels for three consecutive quarters, this quarter, the index rose from 48 points to 50 points.
The key indicators of this development include improved business outlook, increasing revenue and orders, and optimism about the overall economy.
More than half of European enterprises participating in the survey are services providers, a quarter are manufacturers, and the rest are traders and in other sectors.
According to the report, investment plans have been improving with firms planning to significantly increase investments at a rate double that of 7 percent in the last quarter, to 13 percent. Especially, 84 percent of enterprises said that their orders/ revenue remained stable or had improved.
