Vietnam’s consumer confidence index dipped eight points from the six-month-ago figure to 101 points in the first quarter of 2010, Nielsen Company said on its latest edition of the Global Consumer Confidence Index.
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Vietnam ranked the 11th among 55 countries engaged in the latest survey of Nielsen on consumer confidence – Illustration photo
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According to the survey, in spite of the drop, Vietnam is still nine points ahead of the global average which stood at 92 points in Q1.
“We view this as a slight correction rather than a significant decline in Vietnam’s confidence from the second half of 2009’s figure,” said Mr. Darin Williams, Managing Director of Nielsen Company in Vietnam. According to him, thanks to the Government’s stimulus programs and the CPI hike of 6.88% in 2009, the confidence index of Vietnamese clients surged significantly.
The latest survey shows that 56% of the surveyed Vietnamese people believed that the country was still in recession.
Up to 55% of Vietnamese people were optimistic about jobs, 54% did not decide to purchase what they need at present time, 49% chose to save money, and 39% selected to spend money on tourism.
Over 27,000 Internet users living in 55 countries in the Asia-Pacific, Europe and Latin America, joined the survey polling their confidence in job markets, personal finances and readiness for spending./.