1.

Record Nr.

UNINA9910789043403321

Autore

Dinh Hinh T. <1953->

Titolo

Light manufacturing in Vietnam : creating jobs and prosperity in a middle-income economy / / Hinh T. Dinh with contributions by Deepak Mishra, Le Duy Binh, Duc Minh Pham, and Pham Thi Thu Hang

Pubbl/distr/stampa

Washington, DC : , : The World Bank, , [2013]

ISBN

1-4648-0035-9

Descrizione fisica

1 online resource (xix, 131 pages) ; ; 26 cm

Collana

Directions in development

Altri autori (Persone)

MishraDeepak <1968->

Disciplina

338.4/76709597

Soggetti

Manufacturing industries - Vietnam

Economic development - Vietnam

Job creation - Vietnam

Vietnam Economic policy

Vietnam Economic conditions 1975-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Industrial growth in the overall development context -- Industrial structure and sectoral issues -- Strengthening light manufacturing -- Apparel -- Leather -- Wood products -- Metal products -- Agribusiness -- Synthesis, reforms, and policy recommendations.

Sommario/riassunto

"Light Manufacturing in Vietnam makes the case that, if the country is to continue along a rapid economic growth path and create jobs, it must undertake a structural transformation that can lift workers from low-productivity agriculture and the mere assembly of imported inputs to higher-productivity activities. Vietnam needs to address fundamental issues in the manufacturing sector that, until now, have been masked by economic growth. The book shows that there is a dichotomy between domestic enterprises and enterprises supported by foreign direct investment. The dominant state-owned enterprises and foreign-invested firms are often not integrated with smaller, domestic firms through backward or forward links in the use of domestically produced inputs or intermediate products. Growth in the domestic light manufacturing sector has arisen from the sheer number of micro and small enterprises rather than from expansion in the number of medium



and large firms. As a consequence, final products have little value added; technology and expertise are not shared; and the economy has failed to move up the structural transformation ladder. This structure of production is one of the reasons Vietnam's rapid process of industrialization over the last three decades has not been accompanied by a favorable trade balance"--