Textile & Apparel
Textiles
Higher-value trade, reforms key to high income for Vietnam: World Bank
Nov 25, 2024
Insights
- The World Bank has proposed a multipronged approach to Vietnam to unlock productivity growth, attract private investment and upgrade participation in global value chains.
- Policy options include deepening regional trade integration; linking domestic enterprises to global supply chains; promoting skill- and technology-intensive manufacturing; and a shift to low-carbon, climate-resilient production.