Title: Position of Vietnam in global value chains: an empirical approach

Authors: Nguyen Viet Khoi; Shashi Kant Prasad Chaudhary

Addresses: University of Economics and Business, Vietnam National University, 144 Xuan Thuy, Cau Giay, Hanoi, Vietnam ' British University Vietnam, Ecopark, Van Giang, Hung Yen, Vietnam

Abstract: The participation of Vietnam in global value chains has increased significantly in recent decades. This paper aims to analyse the ways in which Vietnam has connected to the international production network and how such connectivity has affected the position of its industries in global value chains (GVCs). The methodology used in this paper has three components: the measure of the GVC participation index, the measure of the GVC position index, and the estimation of the positions of industries on a smile curve. In addition, we use the 'distance to final demand' approach by Fally (2012) to define the 'GVC position index'. Our analysis indicates that Vietnam specialises in middle-stream activities, including the assembly of computers and electronics, textiles and footwear, food and beverages, electrical machinery, and other processed products. We also discuss how Vietnam is participating in global value chains and how it can perform better in the future.

Keywords: backward linkage; forward linkage; global value chains; GVCs; GVC participation; Vietnam.

DOI: 10.1504/IJVCM.2022.127825

International Journal of Value Chain Management, 2022 Vol.13 No.4, pp.383 - 394

Received: 05 Apr 2021
Accepted: 02 Nov 2021
Published online: 19 Dec 2022 *

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