Vietnam : Enhancing Enterprise Competitiveness and SME Linkages
The objective of this report is to inform the Government of Vietnam’s on-going efforts to enhance the competitiveness of the domestic private sector and to facilitate foreign direct investment (FDI) spillovers and linkages. This report is anchored...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/261221506064451984/Vietnam-Enhancing-enterprise-competitiveness-and-SME-linkages-lessons-from-international-and-national-experience http://hdl.handle.net/10986/28488 |
| Summary: | The objective of this report is to
inform the Government of Vietnam’s on-going efforts to
enhance the competitiveness of the domestic private sector
and to facilitate foreign direct investment (FDI) spillovers
and linkages. This report is anchored in the government’s
supporting industries (SI) policy framework that aims to
upgrade the capabilities and technology of local enterprises
to facilitate supplier linkages with FDI, as well as enable
them to enter foreign markets. FDI’s spillover potential -
the productivity gain resulting from the diffusion of
knowledge and technology from foreign investors to local
economy - is considered the most valuable input to growth
and development. Creating linkages is not automatic, as
various supply-side constraints and market failures often
hinder the process. International experience and academic
research has shown that while many countries have
successfully attracted FDI, the record with capturing
spillovers is mixed due to a variety of market failures.
This report focuses on the operationalization of the FDI
linkage development agenda in Vietnam. Building on the
diagnostics established by the aforementioned studies, it
reviews both international and domestic experiences, and
offers recommendations to strengthen policies and programs
to support enterprise competitiveness and linkages in Vietnam. |
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