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Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles.
Vietnam is expected to enjoy a compound annual growth rate of 9.5% between 2016 and 2021 for outbound travel among Asia Pacific s emerging markets, according to the “Future of Outbound Travel in Asia Pacific 2016 to 2021” report by MasterCard.
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) should have a suitable structure to develop its members to become a strong economic group, said Deputy Prime Minister Trinh Dinh Dung.
Vietnam’s steel industry plans to produce 5.5 million tonnes of crude steel and 5.8 million tonnes of rolled steel this year, according to the Ministry of Industry and Trade.
David Haggerty, president of the International Tennis Federation (ITF), is in Vietnam as part of activities to prepare for the ITF’s Conference and Annual General Meeting (AGM) in August.
State budget revenues surpassed the yearly target to hit VND1.1 quadrillion (US$48.4 billion) as of December 31, 2016, up 7.8 % or VND79.6 trillion higher than the target.
The capital city plans a 4%-5% export growth compared with last year.
The Vietnamese manufacturing sector ended 2016 on a positive note, with the Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) coming second among the top three PMIs in ASEAN region.
Midfielder Phạm Thành Lương made national football history on January 4, winning his fourth Golden Ball as the best male player for 2016.
Vietnam will achieve its 2017 goal of 6.7% growth in gross domestic product (GDP), higher than 6.21% in 2016, due to the efficiency of its reforms, say experts.