The Industry Cluster Approach for Tourism Development of Central Vietnam

Truong Trinh

International Journal of Business and Management, 2016, vol. 11, issue 5, 167

Abstract: Industry cluster is frequently mentioned in the literature of the regional economic development, but there are a few studies about identifying competitive clusters in the region. For this reason, the paper approaches cluster analysis for identifying competitive clusters in Central Vietnam. From location quotient and shift-share analysis, the result reveals that tourism cluster is a competitive cluster for the regional economic development. Then, the study develops the tourism cluster in central Vietnam that includes tourism cluster profile, tourism production network, and tourism value chain. Moreover, the study result provides a basic framework for industry cluster analysis that help policy makers and economic developers to understand economic activities, characteristics of competitive cluster and supranational characters in the regional economy, then deliver strategy and policies for tourism cluster development of Central Vietnam.

Date: 2016
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