believed in their decisive role for the future of the national economy
as well as were their business development prospects.
The result was indicated in an annual survey on Asia’s business
situation conducted by the world’s leading transportation group UPS
called Asia Business Monitor (ABM) which was announced on September 29.
The 2010 ABM was conducted on around 1,350
leaders of SMEs from 13 countries and territories, including Australia ,
China , Hong Kong , India , Indonesia , Japan , the Republic of
Korea , Malaysia , the Philippines , Singapore , Taiwan , Thailand
and Vietnam . This was the first time Vietnam took part in the
survey.
According to the survey, 59 percent of
Vietnamese SMEs showed their optimism about further development of the
Asia-Pacific economy, 9 percent said the regional economy sees a
downward trend and the remaining 32 percent said it will remain
unchanged.
Vietnam was the second optimistic
market in the region in business development prospect in 2010 with 72
percent of interviewed businesses saying their companies will reap
better results this year. Indian businesses are the most optimistic
about this prospect with 85 percent.
Although
nine out of ten Vietnamese SMEs pay attention to business activities in
the Asia-Pacific market, they also expect their growths in other
regions. Eighty-one percent of surveyed businesses forecast that
Vietnam ’s business activities will increase 61 percent in North
American and 60 percent in Europe .
Fifty-eight
percent of Vietnamese SMEs said international business has positive
impacts and opens up new opportunities for their operations. They added
that architecture-construction, information technology and tourism will
be key sectors in 2010.
Although the national
economy is forecast to keep growing this year, Vietnamese businesses are
facing a lot of challenges, particularly, high credit interest rate and
competitiveness pressure.
Vietnam’s SMEs said the government’s supportive polices are very necessary for them to improve their competitiveness./.
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