An Analysis of Vietnamese Footwear Manufacturers’ Participation in the Global Value Chain Where They Are and Where They Should Proceed?
The Journal of Accounting and Management
View Archive InfoField | Value | |
Title |
An Analysis of Vietnamese Footwear Manufacturers’ Participation in the Global Value Chain Where They Are and Where They Should Proceed?
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Creator |
Hoang, Lan Thi Phuong
Pham, Hong Thi Thanh |
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Description |
Recently, Global Value Chain (GVC) is considered as a key factor impacting on strategies of international firms of all sizes. As firms are considering international trade as an opportunity to increase their sales abroad, some companies actually participate in a GVC in order to gain more added value. In the state of world top 3 footwear manufacturers, Vietnamese footwear producers still face difficulties in capturing more value from GVCs. This paper analyzes the competitiveness of these firms and the ability to capture more added-values from GVCs. The paper reveals that the comparative advantage of low-cost labor is not sustainable. Thus, for sustain growth and prosperity, Vietnamese footwear manufacturers should find other advantages in manufacturing.
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Publisher |
Vietnam National University, Hanoi
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Date |
2016-12-15
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://js.vnu.edu.vn/EAB/article/view/4063
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Source |
VNU Journal of Science: Economics and Business; Vol 32 No 5E
Chuyên san Kinh tế và Kinh doanh; Vol 32 No 5E 2588-1108 2615-9287 |
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Language |
eng
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Relation |
https://js.vnu.edu.vn/EAB/article/view/4063/3784
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Rights |
Copyright (c) 2016 VNU Journal of Science: Economics and Business
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