Vietnam Enhancing Enterprise Competitiveness and SME Linkages : Lessons from International and National Experience
Boosting productivity growth, especially that of the domestic private sector, is a key priority of Vietnam. The country has been successful in attracting foreign direct investment (FDI) and entering global value chains (GVCs). Most local firms, how...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/974911528477201878/Vietnam-Enhancing-enterprise-competitiveness-and-SME-linkages-lessons-from-international-and-national-experience http://hdl.handle.net/10986/30047 |
| Summary: | Boosting productivity growth, especially
that of the domestic private sector, is a key priority of
Vietnam. The country has been successful in attracting
foreign direct investment (FDI) and entering global value
chains (GVCs). Most local firms, however, are small and only
serve the domestic markets. FDI has brought enormous gains
to Vietnam in terms of growth, exports and jobs, but has
been less stellar in developing linkages with the domestic
economy. This is reflected in low domestic value addition
and a weak supplier base in Vietnam. With increasing global
competition, and its ambition to move up the value chain,
Vietnam has a unique window of opportunity to exploit its
current position in GVCs. |
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