More than 42% of businesses assess that production and business trends will improve in the fourth quarter.

Accordingly, the balanced indicators of many factors such as new orders, labor use and production volume are all forecast to grow in the fourth quarter.

For example, the production volume balance index is expected to reach 25.4% compared to 14.8% in the third quarter, indicating a strong recovery of the industry.

In addition, businesses are also optimistic about the possibility of increasing new orders, with the balance index forecast to reach 24.3% for the fourth quarter (compared to 10.7% in the third quarter).

Regarding orders, 40.5% of businesses expect orders to increase; 43.3% of businesses expect orders to remain stable, and 16.2% of businesses expect orders to decrease.

Regarding export orders, 36% of enterprises expect an increase in new export orders in the fourth quarter; 47.6% expect stability and 16.4% expect a decrease.

Accordingly, the foreign direct investment (FDI) sector is forecast to achieve the most positive results, with the forecasted increase in production volume and new orders being the highest among the regions.

However, in the face of current challenges, to promote growth, enterprises in the processing and manufacturing industry have made a number of recommendations to the Government and management agencies to support enterprises in overcoming difficulties.

Accordingly, for input factors for production and business, to reduce the pressure of high input costs for businesses, 43.4% of businesses recommended that the State continue to reduce lending interest rates so that businesses have capital for production and business.

Regarding raw materials and energy for production, 33.9% of enterprises recommended that the State should have policies to stabilize raw material and energy prices, and 25.4% of enterprises recommended that the Government, ministries, branches and localities stabilize the supply of raw materials for production.

Regarding labor, 15.1% of enterprises recommended that the State support enterprises in training and improving workers' skills to meet new requirements in production.

In addition, 20.5% of enterprises recommended continuing to improve the quality of logistics services; 19.6% of enterprises recommended reducing land rent for production and business; 17.0% of enterprises recommended ensuring a stable power source for production.

For the output market, to contribute to increasing the volume of orders, 21.4% of enterprises recommended that the State should continue to have measures to stimulate domestic demand to support enterprises in finding effective partners to consume products.

In addition, 20.9% of businesses recommended that the Government, ministries, branches and localities need to strengthen trade promotion, find new markets and new partners to support businesses in increasing the consumption of goods in domestic and foreign markets.

Regarding administrative procedures, 25.9% of enterprises recommended that state agencies continue to reform administrative procedures so that businesses' waiting time and time to complete administrative procedures are shortened to the maximum.

Regarding mechanisms and policies to support businesses in stabilizing and developing production: 24.9% of businesses recommended that banks continue to simplify and reduce procedures and conditions for loans and support the process of completing loan applications faster so that businesses have more timely and effective sources of capital for production and business...

Although up to 42.2% of enterprises assessed that the trend of production and business activities in the fourth quarter of 2024 would improve, the General Statistics Office still pointed out the main factors that caused difficulties in production and business activities of enterprises in the processing and manufacturing industry in the third quarter of 2024, namely low domestic market demand, increasing competition from domestic goods and demand for goods in international markets that have not fully recovered.

Specifically, 53% of businesses are facing difficulties due to declining domestic demand, 50.6% are facing domestic competition and 31.6% are facing difficulties due to declining exports as the international market has not recovered.

Assessing input factors for production and business, capital is still the biggest bottleneck for businesses with 27.5% of businesses facing financial difficulties; 21.7% of businesses facing difficulties due to high loan interest rates and 3.2% of businesses facing difficulties due to inability to access loan sources.

Regarding labor, 21.2% of enterprises face difficulties due to not being able to recruit workers to meet the requirements of their production orders. Regarding raw materials, fuels and materials, 18.8% of enterprises still face difficulties due to lack of raw materials, fuels and input materials for production and business.

Assessing the internal capacity of enterprises, 15% of enterprises face difficulties because their production equipment and technology are outdated but they do not have capital to invest in more advanced production lines; 21.1% of enterprises face difficulties because their products must compete with imported goods of the same type...

Source: https://doanhnghiepvn.vn/doanh-nhan/hon-42-doanh-nghiep-danh-gia-xu-huong-san-xuat-kinh-doanh-se-tot-len-trong-quy-iv/20241020091942248