The domestic economy was stable in 2016, particularly toward the end of the year, after a slump in the first half, said Nguyễn Đức Thành.
Vietnam posted a trade surplus of US$2.52 billion in 2016, reversing from a $3.55 billion deficit a year earlier, the customs department said today.
After pork, vegetables have become the second food in Ho Chi Minh City to have their origin made traceable via a simple QR scan.
The Politburo issued a resolution on developing tourism into a spearhead economic sector by 2020, contributing 10 per cent to the country’s GDP.
Vietnam’s auto industry saw its highest level of foreign direct investment thanks to loosened tax policies and rising personal incomes.
The Institute said the manufacturing sector will be a bright spot in Vietnam’s economy and inflation rate will be 5.9% this year.
The 2015 report of the International Franchise Association showed that the total value of franchise contracts in 2014 was $3.8 trillion.
Vietnam has expanded its participation in activities of the World Economic Forum (WEF) during recent years.
The State Bank of Viet Nam (SBV) will control inflation under 4 per cent and stabilise the macro economy to reach a GDP growth of 6.7 per cent.
Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled.
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