Developing the Services Sector to Support Exports

Hinh T. Dinh ()
Additional contact information
Hinh T. Dinh: Policy Center for the New South and Economic Growth and Transformation

Chapter 6 in Vietnam's Economic Leap, 2025, pp 159-175 from Springer

Abstract: Abstract This chapter emphasizes the growing importanceGlobal Value Chains (GVCs) of services in enhancing Vietnam’s export competitiveness. It argues that while Vietnam has traditionally relied on manufacturing exports, a strong supporting services sector is essential for realizing its full export potential. Currently, Vietnam’s business services contribute significantly less to gross exports compared to ASEAN peers and OECD economies. Key barriers to service sector development include regulatory restrictions, state-owned enterprise dominance, and digital skills gaps. The chapter recommends trade liberalization, strengthening domestic value chains, investing in skill development, and supporting green exports to enhance the services sector’s contribution to overall economic competitiveness.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-08904-5_6

Ordering information: This item can be ordered from
http://www.springer.com/9783032089045

DOI: 10.1007/978-3-032-08904-5_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().