Vietnam Academy Of Social Sciences

Workshop to publish Report: Productivity and competitiveness of Vietnamese enterprises - part 1: Manufacturing and processing industry

24/05/2019

On the morning of April 26, 2019, at the 3D Hall, the office of No. 1 Lieu Giai, Ba Dinh, Hanoi, a Conference to publish the Report was issued: "Productivity and competitiveness of Vietnamese enterprises - Part 1: Manufacturing and processing industry "jointly organized by Vietnam Academy of Social Sciences (Vietnam Academy), Ministry of Planning and Investment, United Nations Development Program.



Prof. Dr. Dang Nguyen Anh delivered a speech to open the workshop

Attending the Conference were Prof. Dr. Dang Nguyen Anh, Vice President of the Academy; Mr. Vu Dai Thang, Alternate Member of the Party Central Committee, Deputy Minister of Planning and Investment; Ms. Caitlin Wiesen, UNDP Resident Representative in Vietnam; Dr. Nguyen Thang, Director of the Center for Analysis and Forecasting (of the Academy) - representing the speakers and the presence of leaders, experts, researchers from all three agencies and some Press media came to report on the Conference.

Opening remarks, Prof. Dr. Dang Nguyen Anh highly appreciated the meaning of the Seminar because the time was in the context of Vietnam embarking on preparing documents of the XIII Party Congress (will take place in the first quarter / 2021). The results of the workshop are expected to provide an important basis for input theory based on scientific evidence for all documents serving the Socio-Economic Development Strategy for the period 2021-2030 and Party's 5-year plan 2021-2025.

Following Professor Vice President, Mr. Vu Dai Thang also said that the goal of the workshop was to provide necessary information, based on in-depth studies on productivity and competitiveness in sub-sectoral level. contributing to the development of policies to support productivity and competitiveness in general and drafting the Socio-Economic Development Strategy (2021-2030) and Socio-Economic Development Plan (2021 -2025) in particular. The use of the latest macro and micro data is available from enterprise surveys, labor and employment surveys and household surveys ... with rigorous data analysis frameworks considered one of the Important input for the development of the above Strategies and Plans. Therefore, the Deputy Minister expected that the Workshop will be an exciting academic forum for managers, experts, scientists, national and international scholars to openly exchange issues related to productivity and competitiveness of Vietnamese manufacturing and processing industry enterprises, from which practical proposals contribute to the development of socio-economic development strategies and plans. and transforming Vietnam's growth model in general in the coming period.

Mr. Vu Dai Thang spoke at the workshop Ms. Caitlin Wiesen spoke at the Conference

Concurrent with the leaders of the Academy and the Ministry of Planning and Investment, Caitlin Wiesen also highly appreciated the Workshop topic and said that the research results obtained from the Workshop will be important data. It is important to help Vietnam assess the competitiveness and actual productivity of Vietnam's processing and manufacturing industry, effectively serving the policy directions for developing strategies and development plans. country development. The research related to the labor market, the FDI index obtained from the electronics, footwear and textile industries has been flourishes but still in a low level ... Ms. Caitlin Wiesen also expressed expectations on The presentation was published at the workshop and hoped that the research results and in-depth discussions would answer questions related to the problems of manufacturing and processing industries.

Accordingly, in the report "Productivity and competitiveness of Vietnamese manufacturing and processing industry", PhD. Nguyen Thang said that the productivity of Vietnam's economy is considered low, innovation and competitiveness are not high and Vietnamese enterprises have not created the necessary comparative advantage. Vietnam's industrial competitiveness index rankings have improved from nearly 100 (in 1990) to nearly 40 (close to India and Indonesia (in 2015), although there have been improvements in productivity and competitiveness but the gap with comparative countries is still very large (Vietnam's labor productivity in processing and manufacturing is only about half of China's and Malaysia's labor productivity, 1/3 of Indonesia's. and the Philippines, ½ of India and Thailand and only about 7% of Japan and South Korea in 2015...

Workshop overview

Based on a comprehensive analysis of the processing, manufacturing and productivity industries, the competitiveness of the sub-sectors in the processing and manufacturing industries, the Report recommends that Vietnam should prioritize improving productivity. and the competitiveness of domestic private enterprises in the next phase of development as an integral part of the reforms in public investment, state-owned enterprises and policies to attract and use direct investment. foreign; Urgent action is needed to address weaknesses in the limited link between trade negotiations and industrial policies as well as business development assistance programs; Focus on increasing the efficiency and efficiency of state-owned enterprises and increasing the backward and reverse linkages of state-owned enterprises with other domestic enterprises; Public investment in the development of IT / telecommunications infrastructure, electronic payment and e-banking not only helps private enterprises (especially small and medium enterprises) improve their availability. for CMCN 4.0 but also help build / connect value chains...

Prof. Dr. Dang Nguyen Anh gave a speech to summarize the Conference

Glad at the results of the Conference, Prof. Dr. Dang Nguyen Anh highly appreciated the Statement and stated that the Report clearly defined challenges and opportunities for Vietnam in significantly enhancing the competitive advantages of domestic enterprises, through the grasp keep more value from presence, participation in domestic and global value chains. The Vice President stated that improving the productivity and competitiveness of domestic enterprises should be considered a central principle in Vietnam's growth strategy in the coming period. It is time to develop and implement associated policy actions within the integrated policy framework with the coordination of all stakeholders' efforts, from government to business sectors. follow mutually beneficial approaches to support the development of the capacity of domestic manufacturing and processing enterprises.

Pham Vinh Ha



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