Factors influencing the participation of Vietnamese enterprises in global value chains: insights from automobile production and assembly, electronics and textile industries

Authors:
  • BTBình Nguyễn Thị
    Bình Nguyễn Thị
  • HMHương Trần Mai
    Hương Trần Mai
  • TĐTrang Hoàng Thị Đoan
    Trang Hoàng Thị Đoan
  • LNLinh Thuy Nguyen
    Linh Thuy Nguyen
Open Access
Publisher website
Google Scholar
Abstract
This study aims to examine factors influencing global value chain position of enterprises from main industry sectors of Vietnam. In order to attain such objectives, the panel data analysis was conducted based on 208 observations from 52 enterprises in the automobile production and assembly, electronics and textile industries during the 2016 to 2020 period. The multiple linear regression model is utilized to analyse the factors influencing the participation of such industry sectors in the global value chain. The results indicate that technological capability has the most significant positive influence on the participation of Vietnamese enterprises in the global value chain, followed by FDI and business size. In contrast, the factor of business age does not seem to have a discernible effect. These findings bring some policy implications on the improvement of the country's position in the global value chain, focusing on selected industries including automotive, electronics and textile.

This publication has 14 references indexed in Scilit: