In this integration time, it is very important to define Vietnam’s position and role in the regional and global value chain. This evaluation not only shows whether Vietnamese producing industries have brought added value as expectation but also points out what the government and enterprises should do to raise that value and help Vietnam’s exports develop stably and firmly.

Added value of exported goods is the value is additionally made in production and trading process in domestic market until these goods exported to foreign markets. Therefore, all enterprises expect to create a big added value from production process. And the government also wants to develop industries which can bring great added value. So, how to raise the added value of exported goods?

Firstly, companies should make use of advantages of available abundant material sources to produce higher added value products.

Secondly, measures should be combined to prevent goods from being over-depended on international market fluctuation by increasing productivity, gradually reallocate resources to produce high added value products, adjusting the proportion of articles which bring big benefit for export, seeking and signing import-export contracts, widening and diversifying exporting markets, updating new technologies, improving modal and designing, unifying and harmonizing Vietnam’s standards with international’s ones, etc. Thirdly, the government should give favorable conditions for synchronous development of goods which support each other. The competitiveness depends on how effective enterprises use their current assets and how they approach to new sources by cooperating with related partners. Collaborating branches in every industry will be a key factor for increase products’ added value.

The government needs to have stronger influence on supporting enterprises in general and create favorable business environment for them to increase that added value.