Vietnam's manufacturing and processing enterprises are expressing optimism about business prospects in the second quarter of this year, the Vietnam News Agency has quoted the latest survey conducted by the National Statistics Office (NSO) as reporting.

Results of the business tendency survey of manufacturing enterprises in the second quarter showed that 45.8% of businesses expect better business performance in Q2 compared to the previous quarter. Meanwhile, 39.2% anticipate stability, and only 15% foresee more difficulties ahead.

Foreign-invested enterprises (FDI) are the most optimistic, with 87% forecasting either improvements or stability in production and operations. State-owned enterprises follow with 84.7%, and non-state firms at 84.1%.

Regarding production volume, 45.1% of businesses expect growth in Q2, 40.9% expect it to hold steady, and 14% anticipate a decline.

New orders are also projected to increase with 43.3% of businesses expect more new orders, 42.8% forecast stability, and 13.9% foresee a drop.

Up to 37.8% of enterprises expect an increase in export orders; 48.9% expect no change and 13.3% anticipate a decrease.