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Enterprises need capital for year-end production

There is only a short period of time to end the year and to the Lunar New Year, this is the time when enterprises enter the rush of production and business so desperately need capital to operate. However, in the past time, the market developments unpredictably, the rising interest rates of commercial banks are creating great pressure on the business community.

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Production season, business end of year, enterprises are short of cash flow

Having struggled to manage to follow many businesses, the immediate outlook is not very satisfactory, the difficult situation will even last until next year.
Lack of funds for production
Lack of capital for business production is always a constant worry of enterprises. Most Vietnamese enterprises currently have small and medium size, the capital for business production mainly comes from bank loans. In the context of rising bank interest rates such as recent times as well as difficulties in the issue of loans have a strong impact on enterprises, especially in the last months of the year, when enterprises desperately need capital to produce and business. Capital demand is high, not only production but also trade services also need capital to serve the Tet market. However, the supply of capital for enterprises today is very difficult. The bank expires the credit limit or if still will lend with very high interest rates. If you can raise any capital, enterprises have also enlisted to mobilize so the current time is very mysterious.
The time is only very short, compared to every year, this time the preparation for the Tet market has been quite slow. Part of the cause is also by enterprises shallow capital. The owner of a business in Bien Hoa said that he plans to promote trade at the end of the year, spending capital to buy essential goods reserves waiting for the time of the Tet, but in the present time is very measured. Not yet forecast the market and limited capital resources, this enterprise is also waiting for more time to implement its plans.
Businesses say or are now facing a shortage of cash for rotation. Along with the bank interest rate weighed on financial problems, this time his enterprises encountered difficulties in production and business plans at the end of the year and there is still no solution to resolve the stability.
Need to balance cash flow well
Difficulties, enterprises have to self-campaign is the main. Mr. Bui Vinh Nhat, Director of Nhat Gia Construction JSC said that at the moment the company still has jobs for employees is very lucky. “Some partner enterprises are still owed some money from us, when mentioned, they response “still breathing is lucky". It's also because of the common situation that we share it together," said Mr. Nhat.
According to experts, without taking into account the difficult period that even while doing business smoothly, enterprises also need to manage their cash flow well. In particular, in the time of thirst for the production season, buying and selling at the end of the year as now pay more attention to the balance sheet, liquidity situation and cash flow. Because financial statements are a part, the most important is still cash flow.



Author: Vi Quan

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