Is the Vietnamese garment industry at a turning point? : upgrading from the export to the domestic market
Data(s) |
13/08/2013
13/08/2013
01/12/2012
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Resumo |
Vietnam’s garment industry has been loosely characterized by the duality based on market orientation: export and domestic. Export-oriented garment suppliers were typically SOEs and foreign invested firms, while those producing for the domestic market have been mostly small, private companies. With a booming economy, other industrial sectors have emerged, and the garment industry is no longer the sector most favored by workers. Wage rates have been increasing, and a supplier’s ability to cope with this through successful upgrading has been the key determinant of whether it can further grow and flourish. Those who fail to cope are finding themselves in an increasingly difficult position. This paper looks at both the export- and domestic-oriented garment suppliers, and attempts to highlight how the industry can further develop by examining the bottlenecks that vary depending on the type of supplier. It suggests that in the long run, upgrading and value addition in the domestic market will be the key strategy. |
Identificador |
IDE Discussion Paper. No. 373. 2012.12 http://hdl.handle.net/2344/1256 IDE Discussion Paper 373 |
Idioma(s) |
en eng |
Publicador |
Institute of Developing Economies, JETRO 日本貿易振興機構アジア経済研究所 |
Palavras-Chave | #Vietnam #Apparel industry #Textile industry #Garment #Global value chains #Upgrading #586.09 #AHVM Vietnam ベトナム #L67 - Other Consumer Nondurables: #O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology #O53 - Asia including Middle East #F63 - Economic Development |
Tipo |
Working Paper Technical Report |