The Participation of Vietnamese Enterprises in the Global Value Chain: a Case Study of the Processing and Manufacturing Industry

Abstract

Despite being an active member in the global value chain (GVC), Vietnam yet remains in a low position due to its main participation in processing and assembling stages. Therefore, Vietnamese businesses are required to improve their capacity to seize opportunities and upstream positions in GVC. Based on a survey on businesses operated in the manufacturing, processing industries and import-export activities by the Vietnam Chamber of Commerce and Industry, the paper identifies Vietnam’s businesses in the GVC, reviews and evaluates policies to support their participation in the GVC, thereby proposing solutions to promote their dynamic capabilities and position in the GVC.