EuroCham Business Confidence Index Q2 2024
The Business Confidence Index (BCI) is a regular barometer of the business sentiment among European companies operating in Vietnam. Because of the active participation of EuroCham members in this survey since 2011, the BCI is seen by decision-makers, media, and business professionals in Vietnam as a key indicator of economic activity in the country.
Since Quarter 2 of 2018, the quarterly BCI survey has been conducted by Decision Lab, a Vietnam-based market research agency with the mission to deliver agile, connected and decision-focused market research. We help clients by delivering the best possible basis for decision-making.
Here are the key highlights of this quarter:
- Businesses are back to the wait-and-see sentiment, with almost half of the respondents report feeling neutral about the next quarter
- Uncertain regulatory frameworks and cumbersome administrative processes are cited as the major
impediments to efficient operations - The EVFTA has made progress towards its core
objective