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A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry

Garment and textile (G&T) industry has been playing as a driving force for the socio-economic development of Vietnam. With the international integration process and rising challenges from the global market, there is a need to examine international competitiveness of Vietnam’s G&T industry to...

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Autores principales: Vu, Huong Thanh, Pham, Lam Cat
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4769702/
https://www.ncbi.nlm.nih.gov/pubmed/27026899
http://dx.doi.org/10.1186/s40064-016-1912-3
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author Vu, Huong Thanh
Pham, Lam Cat
author_facet Vu, Huong Thanh
Pham, Lam Cat
author_sort Vu, Huong Thanh
collection PubMed
description Garment and textile (G&T) industry has been playing as a driving force for the socio-economic development of Vietnam. With the international integration process and rising challenges from the global market, there is a need to examine international competitiveness of Vietnam’s G&T industry to find out what Vietnam should focus on to enhance its position in the global market place. This paper, by using the Generalized Double Diamond Model (GDDM), analyzed international competitiveness of Vietnam’s G&T industry and compared it with China. The results showed that Vietnam was less competitive than China in all four attributes of the GDDM. The lowest competitiveness of Vietnam in comparison with China was Related and Supporting industries, followed by Factor Conditions. Therefore, the paper argued that although Vietnam should improve all of the four attributes in the long term, Vietnam must put a high priority on developing Related and Supporting Industries and then enhance Factor Conditions while maintaining its strengths over China in terms of G&T export growths and favorable business context. ELECTRONIC SUPPLEMENTARY MATERIAL: The online version of this article (doi:10.1186/s40064-016-1912-3) contains supplementary material, which is available to authorized users.
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spelling pubmed-47697022016-03-29 A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry Vu, Huong Thanh Pham, Lam Cat Springerplus Research Garment and textile (G&T) industry has been playing as a driving force for the socio-economic development of Vietnam. With the international integration process and rising challenges from the global market, there is a need to examine international competitiveness of Vietnam’s G&T industry to find out what Vietnam should focus on to enhance its position in the global market place. This paper, by using the Generalized Double Diamond Model (GDDM), analyzed international competitiveness of Vietnam’s G&T industry and compared it with China. The results showed that Vietnam was less competitive than China in all four attributes of the GDDM. The lowest competitiveness of Vietnam in comparison with China was Related and Supporting industries, followed by Factor Conditions. Therefore, the paper argued that although Vietnam should improve all of the four attributes in the long term, Vietnam must put a high priority on developing Related and Supporting Industries and then enhance Factor Conditions while maintaining its strengths over China in terms of G&T export growths and favorable business context. ELECTRONIC SUPPLEMENTARY MATERIAL: The online version of this article (doi:10.1186/s40064-016-1912-3) contains supplementary material, which is available to authorized users. Springer International Publishing 2016-02-27 /pmc/articles/PMC4769702/ /pubmed/27026899 http://dx.doi.org/10.1186/s40064-016-1912-3 Text en © Vu and Pham. 2016 Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
spellingShingle Research
Vu, Huong Thanh
Pham, Lam Cat
A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry
title A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry
title_full A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry
title_fullStr A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry
title_full_unstemmed A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry
title_short A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry
title_sort dynamic approach to assess international competitiveness of vietnam’s garment and textile industry
topic Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4769702/
https://www.ncbi.nlm.nih.gov/pubmed/27026899
http://dx.doi.org/10.1186/s40064-016-1912-3
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