ANALYZING INDUSTRY OF RECREATIONAL SPORTAND ECONOMIC DEVELOPMENT SPORT IN VIETNAM IN THE PERIOD FROM 1986 TO 2016

Abstract

After 30 years of innovation moving from subsidized economy to the market economy since 1986, Vietnam witnessed a strong growth in all aspects of economy and society. Yet, there were still remaining certain limitations in organization, planning, and a long-term development orientation. The study analyzed generally the development situation of sports industry basing on development of some important aspects of the country. Also, oriented solutions to promoting the development of sports industry of Vietnam in the coming time are suggested.