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Many enterprises face difficulties in the first quarter of 2025
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(binhthuan.gov.vn) A recent survey on business performance conducted by the Provincial Statistics Office shows that the majority of enterprises continued to face difficulties in Q1/2025.

In the manufacturing and processing sector, 25.76% of surveyed enterprises reported improved business conditions compared to the previous quarter; 43.94% reported more difficulties; and 30.3% saw no change.

By type of ownership: Non-state enterprises: 23.64% improved, 47.27% remained unchanged, and 29.09% faced more difficulties; FDI enterprises: 40% improved, 20% remained unchanged, and 40% worsened; State-owned enterprises generally reported positive performance.

Key factors negatively affecting business in Q1/2025 include: Low domestic demand: 51.52%; Low international demand: 28.79%; High domestic competition: 59.09%; High competition from imported goods: 9.09%; Shortage of raw materials: 33.33%; Labor recruitment challenges: 18.18%; Outdated technology: 9.09%; High loan interest rates: 25.76%; Financial difficulties: 18.18%; Limited access to credit: 1.52%; Legal/policy-related reasons: 4.55%;

Outlook for Q2/2025: 77.27% of businesses expect business conditions to improve or remain stable (46.97% better, 30.3% stable); 22.73% anticipate further difficulties.

Industrial production and consumption indexes: The consumption index of the manufacturing and processing industry in March decreased by 2.90% compared to February but increased 2.86% year-on-year; Cumulative Q1 consumption index rose by 16.14% year-on-year; Inventory index in March increased by 3.67% compared to February but decreased 10.50% year-on-year.

Sectors with increased consumption in Q1: Beverages: +8.17%; Leather and related products: +56.88%; Paper and paper products: +67.08%; Apparel production: +22.52%; Wood processing (excluding furniture): +39.71%; Furniture: +8.19%; Food processing: +6.54%; Printing and reproduction: +6.10%; Non-metallic mineral products: +9.37%.

Sectors with decreased consumption: Chemicals and chemical products: -18.08%; Pharmaceuticals and medicinal chemicals: -13.54%; Rubber and plastic products: -7.32%; Fabricated metal products (excluding machinery/equipment): -23.21%./.

 

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