Luận văn strengthen vietnamese seafood’s competitiveness for international economic integration

In Vietnam, it is considered as a key economic sector of the country that it has made significant contribution in export field, jobs creation and increased foreign exchange earnex, Espec

STRENGTHEN VIETNAMESE SEAFOOD’S COMPETITIVENESS FOR

INTERNATIONAL ECONOMIC INTEGRATION

SUPERVISOR-M.S FRAN HONG NGAN STUDENT:HOANG THỊ KIM NGAN

CODE: 11071386 COHORT-IB2012C MAJIOR:INTERNATIONAL BUSINESS

Acknowledgements

This thesis could not have been realized without the participation and assistance of

so many people, whose names may nof all he enumerated 1 would like to express my

sincere appreciation to those people who provided me everything { needed

First of all, 1 would like to thank my supervisor M.S Ngan Tran, for her guidance and encouragement, without which this work would not have been possible

Secondly, I am very grateful to ail the lecturers and staffs in International School who has been very supportive of me throughout the years

‘Thirdly, I would like to express my heartfelt gratitude to officials of The General Statistics Office of Vietnam, especially Mr flung Duong ~ Deputy Director of National Accounis Deparunent, Ms Mai Nguyen Director of Population and Labor Statistics Department and Mr, Phong Nguyen — Director of Construction and Investment Capital

Statistics Department for their crucial supports and entbnsiasm in helping me collect

important data

Finally, I would like to thank my classmates, iends and family for their advice and full asistance 1 would not have completed this research successfully if it was not for all of them

Letier of Declaration

Thereby declare that the Graduation Project

“STRENGTHEN VIETNAMESE SEAFOOD’S COMPETITIVENESS LN INTERNATIONAL ECONOMIC INTEGRATION" is the results of my own research

and has never been published in any work of others During the implementation process

of this project, [ have seriously taken research ethics; all findings of this projects are

results of my own research and surveys; all references in this project are clearly cited

(Signature and Full name)

Hoang Thi Kim Ngan

INTRODUCTION

4, Rationale of the study

Seafood is an important economic industry which plays a vital role in providing food for humans In Vietnam, it is considered as a key economic sector of the country that it has made significant contribution in export field, jobs creation and increased

foreign exchange earnex, Especially, since Vietnam joined the World Trade Organization

(WTO) and plenty of free trade agreements (FTA), to ensure the integration of the seafood sector, the Party and State have had many relevant programs and policies to

support the development of the seafood sector Thus, the seafood sector had many certain

positive changes and achicvements Vietnamese seafood export tumover increased from 1,478 million USD in 2000 to 6.573 million USD in 2015, thereby contributing significantly to Vietnam's economic development and turning Victnam into one of $ largest scafood exporters in the world Now, the Vietnamese seafood products have been

appeared in 164 countries

Recently, Vietnam has joined many free trade agreements, in which the most

outstanding and noticeable ones are the ‘lrans-Pacific Strategic Economic Partnership

(TPP), Vietnam - Korea free trade agreement (WKFTA}, Vietuam-EU Free wade agreement (EVFTA) etc These free trade agreements are expected to bring about not only many opportunities, but also challenges for Vietnam’s economy in general and the seafood sector in particular

In fact, Vietnamese seafood has not yet really confirmed its competitive position

in the international market In recent years, the growth of seafoad’s export has achieved a high jevel, but this growth bas still depended mainly on exploiting the available natural

advantages, cost advantage and was from exploiting new markets In other word, these

advantages are not considered as sustainable advantages of Victnamesc scafoad’s industry

To obtain sustainable competitive advantages for Victnam’s seafood, the industry need to have overall direction and solutions to improve its competitiveness The

INTRODUCTION

4, Rationale of the study

Seafood is an important economic industry which plays a vital role in providing food for humans In Vietnam, it is considered as a key economic sector of the country that it has made significant contribution in export field, jobs creation and increased

foreign exchange earnex, Especially, since Vietnam joined the World Trade Organization

(WTO) and plenty of free trade agreements (FTA), to ensure the integration of the seafood sector, the Party and State have had many relevant programs and policies to

support the development of the seafood sector Thus, the seafood sector had many certain

positive changes and achicvements Vietnamese seafood export tumover increased from 1,478 million USD in 2000 to 6.573 million USD in 2015, thereby contributing significantly to Vietnam's economic development and turning Victnam into one of $ largest scafood exporters in the world Now, the Vietnamese seafood products have been

appeared in 164 countries

Recently, Vietnam has joined many free trade agreements, in which the most

outstanding and noticeable ones are the ‘lrans-Pacific Strategic Economic Partnership

(TPP), Vietnam - Korea free trade agreement (WKFTA}, Vietuam-EU Free wade agreement (EVFTA) etc These free trade agreements are expected to bring about not only many opportunities, but also challenges for Vietnam’s economy in general and the seafood sector in particular

In fact, Vietnamese seafood has not yet really confirmed its competitive position

in the international market In recent years, the growth of seafoad’s export has achieved a high jevel, but this growth bas still depended mainly on exploiting the available natural

advantages, cost advantage and was from exploiting new markets In other word, these

advantages are not considered as sustainable advantages of Victnamesc scafoad’s industry

To obtain sustainable competitive advantages for Victnam’s seafood, the industry need to have overall direction and solutions to improve its competitiveness The

Vietnamese seafood”s competitiveness should be strengthened on the basis of effective exploitation of available competitive advantages, simultaneously on the capacity of seafood enterprises themselves In other word, Vietnamese seafood industry should have abilities of improving product's quality to overcome the technical barriers of importing countries, as well as producing more value-added products, diversifying product's categories to meet the needs of potential but fastidious markets

Thus, die study of “Strengthen Vietnamese seafood’s competitivencss for international economic integration” is really urgent today, not only for the seafood businesses themselves, but also for the management bodies of the state and regions

2, Research objectives

In this thesis, the author wishes 10 assess the situation of Vietnamese seafood’s competitiveness aud identify factors affecting the seafuod’s competitivencss At the same

lime, the thesis also estimates challenges in which the sectors have to face duc to of

increasingly deeper international economic integration, requirements for enhancing the competitiveness of enterprises in the industry, to create a solid step far the development

of Vietnam’s seafond industry

The research is also expecied to clarify the relationship among crucial factors affecting Vietnamese seafood’s competitiveness, thereby proving the importance of leveraging advantage factors for creating the sustainable competitiveness of Vicmamesc seafood sector

‘Ihe research results will be the legitimate basis for offering soluticns and

proposals to build the sustainable competitive advantages for the Vietnam's seafood in

the context of international economic integration

3 Research’s scope and objectives

The research’s objective is the exporting operation of Vietnamese scafood’s sector The thesis studies the componcnts of Vietnamese seafood’s competitiveness in overall perspective, the factors affecting the competitiveness and the role of these components in strengthening Vietnamese seatood’s competitiveness

List of Table and Figure

Table

Table 2.1: Steucture of exported seafood products in 2015

‘Lable 2.2: Structure of exported seafood’s markets in 2015

Table 2.3: ‘The proportion of Seafood export’s value over Seafood output value Table 2.4: Labor productivity of Vietnamese seafcod’s sector

‘Table 2.5: ICOR

Table 2.6: Labor of fisheries sectors 2010-2014

Table 2.7; Vietnam Capture Fisheries and Aquaculture production io 2014-2015 Table 2.8: Proportion of Fishery Capture 2010-2015

Table 2.9: Proportion of Aquacullure 2010-2015

Figure

Figure 1.1: Porter’s Diamond

Figure 2,1: Viemamese seafood’s output 1995-2015

Figure 2.1: Vietnamese seafoud’s export 2000-2015

Figure 2.3: Structure of exported seafood products in 2015

Figure 2.4: Structure of exported seafood’s markets in 2015

Figure 2.5: The proportion of Seafood export’s value over Seafood output value

Figure 2.6: Labor productivity of Vietnamese seafood’s sector

Figure 2.7: ICOR,

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

INTRODUCTION

4, Rationale of the study

Seafood is an important economic industry which plays a vital role in providing food for humans In Vietnam, it is considered as a key economic sector of the country that it has made significant contribution in export field, jobs creation and increased

foreign exchange earnex, Especially, since Vietnam joined the World Trade Organization

(WTO) and plenty of free trade agreements (FTA), to ensure the integration of the seafood sector, the Party and State have had many relevant programs and policies to

support the development of the seafood sector Thus, the seafood sector had many certain

positive changes and achicvements Vietnamese seafood export tumover increased from 1,478 million USD in 2000 to 6.573 million USD in 2015, thereby contributing significantly to Vietnam's economic development and turning Victnam into one of $ largest scafood exporters in the world Now, the Vietnamese seafood products have been

appeared in 164 countries

Recently, Vietnam has joined many free trade agreements, in which the most

outstanding and noticeable ones are the ‘lrans-Pacific Strategic Economic Partnership

(TPP), Vietnam - Korea free trade agreement (WKFTA}, Vietuam-EU Free wade agreement (EVFTA) etc These free trade agreements are expected to bring about not only many opportunities, but also challenges for Vietnam’s economy in general and the seafood sector in particular

In fact, Vietnamese seafood has not yet really confirmed its competitive position

in the international market In recent years, the growth of seafoad’s export has achieved a high jevel, but this growth bas still depended mainly on exploiting the available natural

advantages, cost advantage and was from exploiting new markets In other word, these

advantages are not considered as sustainable advantages of Victnamesc scafoad’s industry

To obtain sustainable competitive advantages for Victnam’s seafood, the industry need to have overall direction and solutions to improve its competitiveness The

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

Vietnamese seafood”s competitiveness should be strengthened on the basis of effective exploitation of available competitive advantages, simultaneously on the capacity of seafood enterprises themselves In other word, Vietnamese seafood industry should have abilities of improving product's quality to overcome the technical barriers of importing countries, as well as producing more value-added products, diversifying product's categories to meet the needs of potential but fastidious markets

Thus, die study of “Strengthen Vietnamese seafood’s competitivencss for international economic integration” is really urgent today, not only for the seafood businesses themselves, but also for the management bodies of the state and regions

2, Research objectives

In this thesis, the author wishes 10 assess the situation of Vietnamese seafood’s competitiveness aud identify factors affecting the seafuod’s competitivencss At the same

lime, the thesis also estimates challenges in which the sectors have to face duc to of

increasingly deeper international economic integration, requirements for enhancing the competitiveness of enterprises in the industry, to create a solid step far the development

of Vietnam’s seafond industry

The research is also expecied to clarify the relationship among crucial factors affecting Vietnamese seafood’s competitiveness, thereby proving the importance of leveraging advantage factors for creating the sustainable competitiveness of Vicmamesc seafood sector

‘Ihe research results will be the legitimate basis for offering soluticns and

proposals to build the sustainable competitive advantages for the Vietnam's seafood in

the context of international economic integration

3 Research’s scope and objectives

The research’s objective is the exporting operation of Vietnamese scafood’s sector The thesis studies the componcnts of Vietnamese seafood’s competitiveness in overall perspective, the factors affecting the competitiveness and the role of these components in strengthening Vietnamese seatood’s competitiveness

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

List of Table and Figure

Table

Table 2.1: Steucture of exported seafood products in 2015

‘Lable 2.2: Structure of exported seafood’s markets in 2015

Table 2.3: ‘The proportion of Seafood export’s value over Seafood output value Table 2.4: Labor productivity of Vietnamese seafcod’s sector

‘Table 2.5: ICOR

Table 2.6: Labor of fisheries sectors 2010-2014

Table 2.7; Vietnam Capture Fisheries and Aquaculture production io 2014-2015 Table 2.8: Proportion of Fishery Capture 2010-2015

Table 2.9: Proportion of Aquacullure 2010-2015

Figure

Figure 1.1: Porter’s Diamond

Figure 2,1: Viemamese seafood’s output 1995-2015

Figure 2.1: Vietnamese seafoud’s export 2000-2015

Figure 2.3: Structure of exported seafood products in 2015

Figure 2.4: Structure of exported seafood’s markets in 2015

Figure 2.5: The proportion of Seafood export’s value over Seafood output value

Figure 2.6: Labor productivity of Vietnamese seafood’s sector

Figure 2.7: ICOR,

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

List of Table and Figure

Table

Table 2.1: Steucture of exported seafood products in 2015

‘Lable 2.2: Structure of exported seafood’s markets in 2015

Table 2.3: ‘The proportion of Seafood export’s value over Seafood output value Table 2.4: Labor productivity of Vietnamese seafcod’s sector

‘Table 2.5: ICOR

Table 2.6: Labor of fisheries sectors 2010-2014

Table 2.7; Vietnam Capture Fisheries and Aquaculture production io 2014-2015 Table 2.8: Proportion of Fishery Capture 2010-2015

Table 2.9: Proportion of Aquacullure 2010-2015

Figure

Figure 1.1: Porter’s Diamond

Figure 2,1: Viemamese seafood’s output 1995-2015

Figure 2.1: Vietnamese seafoud’s export 2000-2015

Figure 2.3: Structure of exported seafood products in 2015

Figure 2.4: Structure of exported seafood’s markets in 2015

Figure 2.5: The proportion of Seafood export’s value over Seafood output value

Figure 2.6: Labor productivity of Vietnamese seafood’s sector

Figure 2.7: ICOR,

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

Vietnamese seafood”s competitiveness should be strengthened on the basis of effective exploitation of available competitive advantages, simultaneously on the capacity of seafood enterprises themselves In other word, Vietnamese seafood industry should have abilities of improving product's quality to overcome the technical barriers of importing countries, as well as producing more value-added products, diversifying product's categories to meet the needs of potential but fastidious markets

Thus, die study of “Strengthen Vietnamese seafood’s competitivencss for international economic integration” is really urgent today, not only for the seafood businesses themselves, but also for the management bodies of the state and regions

2, Research objectives

In this thesis, the author wishes 10 assess the situation of Vietnamese seafood’s competitiveness aud identify factors affecting the seafuod’s competitivencss At the same

lime, the thesis also estimates challenges in which the sectors have to face duc to of

increasingly deeper international economic integration, requirements for enhancing the competitiveness of enterprises in the industry, to create a solid step far the development

of Vietnam’s seafond industry

The research is also expecied to clarify the relationship among crucial factors affecting Vietnamese seafood’s competitiveness, thereby proving the importance of leveraging advantage factors for creating the sustainable competitiveness of Vicmamesc seafood sector

‘Ihe research results will be the legitimate basis for offering soluticns and

proposals to build the sustainable competitive advantages for the Vietnam's seafood in

the context of international economic integration

3 Research’s scope and objectives

The research’s objective is the exporting operation of Vietnamese scafood’s sector The thesis studies the componcnts of Vietnamese seafood’s competitiveness in overall perspective, the factors affecting the competitiveness and the role of these components in strengthening Vietnamese seatood’s competitiveness

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

INTRODUCTION

4, Rationale of the study

Seafood is an important economic industry which plays a vital role in providing food for humans In Vietnam, it is considered as a key economic sector of the country that it has made significant contribution in export field, jobs creation and increased

foreign exchange earnex, Especially, since Vietnam joined the World Trade Organization

(WTO) and plenty of free trade agreements (FTA), to ensure the integration of the seafood sector, the Party and State have had many relevant programs and policies to

support the development of the seafood sector Thus, the seafood sector had many certain

positive changes and achicvements Vietnamese seafood export tumover increased from 1,478 million USD in 2000 to 6.573 million USD in 2015, thereby contributing significantly to Vietnam's economic development and turning Victnam into one of $ largest scafood exporters in the world Now, the Vietnamese seafood products have been

appeared in 164 countries

Recently, Vietnam has joined many free trade agreements, in which the most

outstanding and noticeable ones are the ‘lrans-Pacific Strategic Economic Partnership

(TPP), Vietnam - Korea free trade agreement (WKFTA}, Vietuam-EU Free wade agreement (EVFTA) etc These free trade agreements are expected to bring about not only many opportunities, but also challenges for Vietnam’s economy in general and the seafood sector in particular

In fact, Vietnamese seafood has not yet really confirmed its competitive position

in the international market In recent years, the growth of seafoad’s export has achieved a high jevel, but this growth bas still depended mainly on exploiting the available natural

advantages, cost advantage and was from exploiting new markets In other word, these

advantages are not considered as sustainable advantages of Victnamesc scafoad’s industry

To obtain sustainable competitive advantages for Victnam’s seafood, the industry need to have overall direction and solutions to improve its competitiveness The

3.3.1.1 Proactively buildïng long-terrì business strategy,

3.3.1.2 Increasing investment in modern equipment and innevative

technology

4.3.1.3 Proactively researching and developing markets

3.3.1.4 Proactively building and promoting business's brand in

3.3.2 The supporting and related sectors should be also modernized

3.3.2.1 Investing in modom technology for production of seafood

3.3.1.1 Proactively buildïng long-terrì business strategy,

3.3.1.2 Increasing investment in modern equipment and innevative

technology

4.3.1.3 Proactively researching and developing markets

3.3.1.4 Proactively building and promoting business's brand in

3.3.2 The supporting and related sectors should be also modernized

3.3.2.1 Investing in modom technology for production of seafood

Table of Notations and Abbreviations

ASEAN Association of Suutheast Asian Nations i

EU European Union ss- |

EVITA _| EU-Vietuam Free trade agreement _

FAO _| Food and Agricuttural Organization of the United Nations FTA _ Free ‘Trade Agreement ¬

GDP Gross Domestic Product

LGMP Good Manufacturing Practice

HACCP Hazard Analysis Critical Control _

| SSOP Sanitation Standard Operating Procedures

usp United State Dollar ee

| VKETA Vietnam-Korea Free ‘rade Agreement

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

2.2.1 The ratio of the scafond export’s value aver the seafood ontput’s

value

2.2.2 Labor productivity

2.2.3 The incremental capital output ratio WCOR)

2.3 ANALYSIS OF FACTORS AFFECTING THE VIETNAMESE SEAFOOD” COMPETITIVENES:

2.3.1 National comparative advantages affecting the Vietnamese seafood’s

competitiveness

2.3.1.1 The conditions of production factors

2.3.1.3 Supporting and related seclors

2.3.1.4 Firm strategy, structure and rivalry

2.3

2.3.2 The international factors

CHAPIER 3: SOLUTIONS FOR IMPROVING VIETNAMESE SEAFOOD’S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION 49

3.1 MASTER PLAN ON FISHERY DEVELOPMENT OF VIETNAM 2020, VISION TO 2030

3.2 OPPORTUNITIES AND CHALLENGES OF VIETNAMESE SEAFOOD IN PARTICIPATING IN RECENT FREE TRADE AGRERMENTS (FTAS)

3.2.1 Benefits from Trans-Pacific Partnership (TPP)

3.2.2 Benefits from Vietnam-EU FTA

3.2.3 Benefits from Vietnam ~ Korea FTA

3.2.4 Challenges from FTAs

3.4 SOLUTIONS FOR STRENGTHENING VIETNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

3.3.1 Vietnamese seafood businesses should proactively shape the overall

seafood’s competitiveness

Vietnamese seafood”s competitiveness should be strengthened on the basis of effective exploitation of available competitive advantages, simultaneously on the capacity of seafood enterprises themselves In other word, Vietnamese seafood industry should have abilities of improving product's quality to overcome the technical barriers of importing countries, as well as producing more value-added products, diversifying product's categories to meet the needs of potential but fastidious markets

Thus, die study of “Strengthen Vietnamese seafood’s competitivencss for international economic integration” is really urgent today, not only for the seafood businesses themselves, but also for the management bodies of the state and regions

2, Research objectives

In this thesis, the author wishes 10 assess the situation of Vietnamese seafood’s competitiveness aud identify factors affecting the seafuod’s competitivencss At the same

lime, the thesis also estimates challenges in which the sectors have to face duc to of

increasingly deeper international economic integration, requirements for enhancing the competitiveness of enterprises in the industry, to create a solid step far the development

of Vietnam’s seafond industry

The research is also expecied to clarify the relationship among crucial factors affecting Vietnamese seafood’s competitiveness, thereby proving the importance of leveraging advantage factors for creating the sustainable competitiveness of Vicmamesc seafood sector

‘Ihe research results will be the legitimate basis for offering soluticns and

proposals to build the sustainable competitive advantages for the Vietnam's seafood in

the context of international economic integration

3 Research’s scope and objectives

The research’s objective is the exporting operation of Vietnamese scafood’s sector The thesis studies the componcnts of Vietnamese seafood’s competitiveness in overall perspective, the factors affecting the competitiveness and the role of these components in strengthening Vietnamese seatood’s competitiveness

2.2.1 The ratio of the scafond export’s value aver the seafood ontput’s

value

2.2.2 Labor productivity

2.2.3 The incremental capital output ratio WCOR)

2.3 ANALYSIS OF FACTORS AFFECTING THE VIETNAMESE SEAFOOD” COMPETITIVENES:

2.3.1 National comparative advantages affecting the Vietnamese seafood’s

competitiveness

2.3.1.1 The conditions of production factors

2.3.1.3 Supporting and related seclors

2.3.1.4 Firm strategy, structure and rivalry

2.3

2.3.2 The international factors

CHAPIER 3: SOLUTIONS FOR IMPROVING VIETNAMESE SEAFOOD’S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION 49

3.1 MASTER PLAN ON FISHERY DEVELOPMENT OF VIETNAM 2020, VISION TO 2030

3.2 OPPORTUNITIES AND CHALLENGES OF VIETNAMESE SEAFOOD IN PARTICIPATING IN RECENT FREE TRADE AGRERMENTS (FTAS)

3.2.1 Benefits from Trans-Pacific Partnership (TPP)

3.2.2 Benefits from Vietnam-EU FTA

3.2.3 Benefits from Vietnam ~ Korea FTA

3.2.4 Challenges from FTAs

3.4 SOLUTIONS FOR STRENGTHENING VIETNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

3.3.1 Vietnamese seafood businesses should proactively shape the overall

seafood’s competitiveness

3.3.1.1 Proactively buildïng long-terrì business strategy,

3.3.1.2 Increasing investment in modern equipment and innevative

technology

4.3.1.3 Proactively researching and developing markets

3.3.1.4 Proactively building and promoting business's brand in

3.3.2 The supporting and related sectors should be also modernized

3.3.2.1 Investing in modom technology for production of seafood

1.1.2 The contribution of Seafood sector to Vietnam national economy 1.2THE COMPETITIVENESS OF AN INDUSTRY AND THE SCIENTICIC BASIS OF ENHANCING INDUSTRIAL COMPETITIVENESS

1.2.1 The cencepts of an industry’s competitiveness

1.2.2 Evaluation criteria of an industry*s onmpetitiveness

1.2.2.1 Evaluation methods

1.2.2.2 Indicators to assess Vietnam seafood competitiveness

1.2.3 Factors affecting an industry's competitiveness

12.3.1 The Diamond model of Michacl Porter for the competitive

advantages of nations

1.2.3.2 International factors affecting an industry’s competitiveness 1.4THE NECESSITY OF STRENGTHENING VIRTNAMESE SEAFOOD'S

COMPETITIVENESS IN INTERNATIONAL ECONOMIC INTEGRATION

CHAPTER 2: VIETNAMESE SEAFOOD’S COMPETITIVENESS

2.1 THE CURRENT SITUATION OF VIETNAMESE SEAFOOD’S EXPORT

2.1.4 The structure of exported seafood market

2.2 EVALUATION OF VIRTNAMESE SEAFOOD’S COMPETITIVENESS

3.3.1.1 Proactively buildïng long-terrì business strategy,

3.3.1.2 Increasing investment in modern equipment and innevative

technology

4.3.1.3 Proactively researching and developing markets

3.3.1.4 Proactively building and promoting business's brand in

3.3.2 The supporting and related sectors should be also modernized

3.3.2.1 Investing in modom technology for production of seafood

List of Table and Figure

Table

Table 2.1: Steucture of exported seafood products in 2015

‘Lable 2.2: Structure of exported seafood’s markets in 2015

Table 2.3: ‘The proportion of Seafood export’s value over Seafood output value Table 2.4: Labor productivity of Vietnamese seafcod’s sector

‘Table 2.5: ICOR

Table 2.6: Labor of fisheries sectors 2010-2014

Table 2.7; Vietnam Capture Fisheries and Aquaculture production io 2014-2015 Table 2.8: Proportion of Fishery Capture 2010-2015

Table 2.9: Proportion of Aquacullure 2010-2015

Figure

Figure 1.1: Porter’s Diamond

Figure 2,1: Viemamese seafood’s output 1995-2015

Figure 2.1: Vietnamese seafoud’s export 2000-2015

Figure 2.3: Structure of exported seafood products in 2015

Figure 2.4: Structure of exported seafood’s markets in 2015

Figure 2.5: The proportion of Seafood export’s value over Seafood output value

Figure 2.6: Labor productivity of Vietnamese seafood’s sector

Figure 2.7: ICOR,

Vietnamese seafood”s competitiveness should be strengthened on the basis of effective exploitation of available competitive advantages, simultaneously on the capacity of seafood enterprises themselves In other word, Vietnamese seafood industry should have abilities of improving product's quality to overcome the technical barriers of importing countries, as well as producing more value-added products, diversifying product's categories to meet the needs of potential but fastidious markets

Thus, die study of “Strengthen Vietnamese seafood’s competitivencss for international economic integration” is really urgent today, not only for the seafood businesses themselves, but also for the management bodies of the state and regions

2, Research objectives

In this thesis, the author wishes 10 assess the situation of Vietnamese seafood’s competitiveness aud identify factors affecting the seafuod’s competitivencss At the same

lime, the thesis also estimates challenges in which the sectors have to face duc to of

increasingly deeper international economic integration, requirements for enhancing the competitiveness of enterprises in the industry, to create a solid step far the development

of Vietnam’s seafond industry

The research is also expecied to clarify the relationship among crucial factors affecting Vietnamese seafood’s competitiveness, thereby proving the importance of leveraging advantage factors for creating the sustainable competitiveness of Vicmamesc seafood sector

‘Ihe research results will be the legitimate basis for offering soluticns and

proposals to build the sustainable competitive advantages for the Vietnam's seafood in

the context of international economic integration

3 Research’s scope and objectives

The research’s objective is the exporting operation of Vietnamese scafood’s sector The thesis studies the componcnts of Vietnamese seafood’s competitiveness in overall perspective, the factors affecting the competitiveness and the role of these components in strengthening Vietnamese seatood’s competitiveness