Over 42% of surveyed enterprises in the processing-manufacturing sector expect that, their business performance in the fourth quarter of this year will be better than the third quarter.

Over 42% of 30,587 enterprises in the processing-manufacturing sector that joined a recent quarterly survey by the General Statistics Office (GSO) expect their business performance in the fourth quarter of 2024 to be better than Q3.

Businesses in the southern industrial hub of Binh Duong are needing 40,000-50,000 labourers, mostly unskilled workers, in order to promote production after the long Lunar New Year (Tet) holidays.

Boosting the development of the supporting industry is considered an important solution to help improve the quality and competitiveness of the Vietnamese economy and better serve the processing-manufacturing sector.

Industrial production index inched up 2.6 percent in the first seven months of 2020, the lowest level recorded in many years due to COVID-19, according to the General Statistics Office (GSO).

Expansion in processing-manufacturing sector in the first three months of 2019 was mostly contributed by domestic businesses’ production, said Deputy Minister of Industry and Trade Do Thang Hai.

About 85.6 percent of the surveyed 4,028 enterprises in the processing-manufacturing sector expect to maintain their current growth trends or expand their business operations in the fourth quarter.