The East Asian Industrial Policy Experiences: Implications for Vietnam

Abstract

This paper offers an overview of East Asian industrial policies with special focus on small and medium enterprises (SME) development and linkage policy in an attempt to assess the relevance of their experiences for the contemporary Vietnam. At first, economic performance and policy quality of selected countries are reviewed. Following that, international policy comparison and key issues relevant to Vietnam’s SMEs development and linkage policy are discussed and policy implications for Vietnam are made. Among them are capacity building with a reasonable scope and patience, scaling up by national ownership and selective industrial policy.

Keywords: Industrial policy, Small and medium enterprises, Linkage, Asia, Vietnam

DOI: 10.7176/EJBM/11-33-08

Publication date: November 30^th 2019