Accordingly, the Business Climate Index for the first quarter of this year is 78 points, up 1 point from the previous quarterly survey.

However, the percentage of respondents rating the business situation as excellent dropped by nearly 10 percent, with an increase of 7 percent in respondents describing the situation as good. Negative responses were at almost the same level as in Q4 of 2017.

More respondents showed their confidence of a stable and continuously improving macroeconomic scenario in Vietnam with a 9 percent increase, while those expecting no change in the next quarter increased by nearly 10 percent.

The survey showed that inflation was not a major concern for EuroCham members, with 84 percent believing it will have either no or minor impact.-VNA