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Author: Per Ronnås Publisher: International Labour Organization ISBN: 9789221085591 Category : Business enterprises Languages : en Pages : 184
Book Description
As a result of the economic reform programme in Vietnam the private sector has assumed a key role as engine of economic growth and source of employment and income generation. Yet, information on this sector has been woefully inadequate. The present study provides a first comprehensive investigation of the private non-farm sector in post-reform Vietnam, based on a large field survey of rural and urban non-state enterprises in both the south and the north in 1991. The economic and operational characteristics of these enterprises, their development track and growth constraints, linkages with othe.
Author: Per Ronnås Publisher: International Labour Organization ISBN: 9789221085591 Category : Business enterprises Languages : en Pages : 184
Book Description
As a result of the economic reform programme in Vietnam the private sector has assumed a key role as engine of economic growth and source of employment and income generation. Yet, information on this sector has been woefully inadequate. The present study provides a first comprehensive investigation of the private non-farm sector in post-reform Vietnam, based on a large field survey of rural and urban non-state enterprises in both the south and the north in 1991. The economic and operational characteristics of these enterprises, their development track and growth constraints, linkages with othe.
Author: Liesbet Steer Publisher: ISBN: Category : Languages : en Pages : 40
Book Description
Vietnam's young private sector is growing fast, due mainly to a policy environment that recognizes the importance of private entrepreneurship - particularly to help increase significantly job creation, which the country needs urgently. To extend the benefits of private sector growth from the urban centers where it has so far been concentrated to the rural areas where most Vietnamese live - and where underemployment is heaviest - more information on what is working and what is not will be needed.Steer and Taussig present an objective picture of Vietnam's emerging private sector two years after the implementation of its much praised Enterprise Law. Private companies are significantly better off than they were a couple years earlier, when regional economic recession and stagnating domestic policy reforms had nearly halted development of the formal private sector. At the same time, the sector's small base means that its impressive rates of job creation still fall far short of matching the booming growth of the overall work force.Data for this paper were collected from Vietnam's General Office of Statistics, individual company case studies, and a national firm-level survey designed and implemented by the authors. The research reveals significant gaps in available private sector data and flaws in current data-gathering methodologies, calling into question the ability of policymakers and advisors to understand rapid, ongoing economic developments and make appropriate policy decisions. The paper also seeks to provide a starting point and an impetus for more targeted research aimed at identifying and addressing specific obstacles to sustainable and broad-based job and wealth creation.This paper - a product of the Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region - is part of a larger effort in the region to understand the linkages between privat sector development, employment generation, and poverty reduction.
Author: Thomas Heberer Publisher: BRILL ISBN: 9789004128576 Category : Political Science Languages : en Pages : 412
Book Description
Based on extensive field research in China and Vietnam the book reveals that the new body of entrepreneurs is not only interested in social and political processes of change, but is also actively trying to shape them.
Author: Per Ronnås Publisher: NIAS Press ISBN: 9788787062893 Category : Business & Economics Languages : en Pages : 372
Book Description
Based on a 1991 survey of 923 non-state manufacturing enterprises, and a repeat survey in 1997 of 356 of the same enterprises, with a parallel survey of 431 enterprises not previously surveyed.
Author: Hinh T. Dinh Publisher: World Bank Publications ISBN: 1464800340 Category : Business & Economics Languages : en Pages : 155
Book Description
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. Policy measures to address problems in competitiveness in Vietnam must confront the dual structure of the light manufacturing sector, while raising the value added in the industry. To that end, measures must be taken to nurture the expansion of small domestic firms, while helping these firms to achieve greater productivity through trade integration. This will require improvements in labor skills and technology and in the quality and variety of products able to compete with imports. Policies to reduce the role of the state-owned sector, promote trading companies, encourage clustering and subcontracting, and raise foreign and social networking are important in this respect. To boost the value added of its goods, Vietnam needs to integrate the supply chain in assembly activities by investing in the upstream production of the goods in which it has a comparative advantage in production and in which it has already established a market share, such as agribusiness, garments, and wood. Unlike downstream activities, however, the production of the associated raw materials and intermediate goods is capital intensive and technology driven, and it requires skilled labor. Inviting foreign direct investment into these areas and reforming education and vocational systems are the best means to reach this goal. For this reason, the government should launch a complete review of the incentives for foreign direct investment to focus on upstream production and on bringing in capital and technical expertise, while improving labor and entrepreneurial skills. Based on this analysis, Light Manufacturing in Vietnam proposes concrete policy measures to increase employment and spur job creation by addressing sector-specific constraints. The book presents a set of practical recommendations for policy makers to identify, prioritize, and remove the most serious constraints in each sector. This book will be valuable for policy makers, entrepreneurs, workers, professional economists, and anyone interested in economic development, industrialization, and the structural transformation of Vietnam and of developing countries.
Author: Christian Bodewig Publisher: World Bank Publications ISBN: 1464802327 Category : Education Languages : en Pages : 193
Book Description
Education has played an important role in making Vietnam a development success story over the last twenty years. In the 1990s and early 2000s Vietnam experienced rapid economic growth and poverty reduction in the wake of a rapid shift of employment from low-productivity agriculture to higher-productivity nonfarm jobs. Vietnam's committed effort to promote access to quality primary education for all has enabled this transformation and contributed to the country's reputation for having a young, well-educated work force. Skilling Up Vietnam argues that to continue its success story, Vietnam needs to renew its focus on education: not just expanding attainment, but equipping its workforce with the right skills will be needed to foster to Vietnam's continued economic modernization in the coming decade and more. Despite the evidence of impressive basic literacy and numeracy achievements among Vietnamese youth and workers presented in this book, many Vietnamese businesses report that a significant obstacle to their activity is the shortage of workers with adequate skills. Drawing on a survey of employers in urban areas, the book finds that, in addition to job-specific skills, Vietnamese employers value cognitive skills, such as problem solving and critical thinking, and behavioral skills, such as team work and communication. Reorienting Vietnam's education system toward teaching these types of skills will help prepare Vietnamese workers for a modern market economy. Skilling Up Vietnam proposes a three-step holistic skills strategy that looks at today's workforce as much as the future workforce. Vietnam's skills development efforts should focus on promoting school readiness through early childhood development, ensuring a strong cognitive and behavioral foundation in general education, and building job-relevant technical skills through a more connected system among employers, students and universities, and vocational schools.
Author: Stoyan Tenev Publisher: World Bank Publications ISBN: 9780821356470 Category : Business & Economics Languages : en Pages : 130
Book Description
Private sector growth will be key to maintaining the dynamism of the Vietnamese economy and allowing the country to achieve its development objectives, the study finds. The authors point out that, above all, private enterprises need space to grow. Regulations that run counter to the logic of normal market practices, that give entrepreneurs few opportunities to enter into contractual relationships, or that penalize them for market success are bound to be circumvented, at significant social cost. By contrast, laws and regulations that are in harmony with market forces will be easier to implement, and their implementation will be supported by the same market forces they are designed to protect. Adapting laws and regulations to the needs of the marketplace will not be enough, however. According to the authors, incentives inside the bureaucracy need to be aligned with development. A government committed to development will find it beneficial to support the growth of the private sector.
Author: Vu Tuan Anh Publisher: Institute of Southeast Asian Studies ISBN: 9813016833 Category : Business & Economics Languages : en Pages : 77
Book Description
Vietnam's economy has been fundamentally changed by the policy reforms implemented in the 1980s to provide an environment that is more conducive for economic growth and social stabilization. The policy reforms have had a tremendous impact on economic activities and on all aspects of social life. The economy is presently moving from a centrally planned system largely based on public ownership to a market-oriented and mixed economy. Social structures and values have changed, and legal, institutional, and administrative systems are gradually changing as well. The reform process gives rise to exciting challenges and opportunities for development. Based largely on Vietnamese sources of data and information, this book presents an analysis of the main features of economic policy reforms in Vietnam, their socioeconomic impact, and several major theoretical and practical problems Vietnam faces on its path to development.
Author: Institute of Chartered Financial Analysts of India Publisher: Dr. Vuong Quan Hoang ISBN: Category : Entrepreneurship Languages : en Pages : 103
Author: Per Ronnås
Author: Per Ronnås
Author: Liesbet Steer
Author: Thomas Heberer
Author: Per Ronnås
Author: Hinh T. Dinh
Author: Christian Bodewig
Author: Stoyan Tenev
Author: Vu Tuan Anh
Author: 
Author: Institute of Chartered Financial Analysts of India