tailieunhanh - Vietnam’s Competitiveness and the Role of the Private Sector

Vietnam has experienced an impressive growth over the last two decades However, reforms so far are insufficient to move Vietnam to a middle income economy. The next several years will determine whether Vietnam will follow the experience of Korea, or the Philippines. Vietnam’s reform have been piecemeal and reactive. Improving Vietnam’s standard of living will require a long term economic strategy. – A set of interrelated policy changes, institutional structures, and rigorous implementation mechanisms | Vietnam s Competitiveness and the Role of the Private Sector Professor Michael E. Porter Harvard Business School Ho Chi Minh Vietnam December 1 2008 This presentation draws on ideas from Professor Porter s books and articles in particular Competitive Strategy The Free Press 1980 Competitive Advantage The Free Press 1985 What is Strategy Harvard Business Review Nov Dec 1996 Strategy and the Internet Harvard Business Review March 2001 and a forthcoming book. No part of this publication may be reproduced stored in a retrieval system or transmitted in any form or by any means electronic mechanical photocopying recording or otherwise without the permission of Michael E. Porter. Additional information may be found at the website ofthe Institute for Strategy and Competitiveness . Version November 18 2008 3pm 20081201 - PACE Copyright 2007 Professor Michael E. Porter The Need For An Economic Strategy Vietnam has experienced an impressive growth over the last two decades However reforms so far are insufficient to move Vietnam to a middle income economy The next several years will determine whether Vietnam will follow the experience of Korea or the Philippines Vietnam s reform have been piecemeal and reactive Improving Vietnam s standard of living will require a long term economic strategy - A set of interrelated policy changes institutional structures and rigorous implementation mechanisms 20081201 - PACE 2 Copyright 2007 Professor Michael E. Porter 1 Agenda Understanding Vietnam s Economic Performance Assessing Vietnamese Competitiveness Identifying Action Priorities Organizing for Competitiveness Creating an Economic Strategy Integrating Corporate Social Responsibility 20081201 - PACE Copyright 2007 Professor Michael E. Porter PPP-adjusted GDP per Capita 2007 Prosperity Performance Selected Countries 45 000 40 000 35 000 30 000 25 000 20 000 15 000 10 000 5 000 0 USA Ireland Switzerland Canada Netherlands Australia .