Some large enterprises associate with small enterprises and business households in the form of leasing or contracting, mostly for non-core business activities of the enterprise. The rate of conducting business linkages for core business activities or further participation in the global value chain is not much. Therefore, in order to encourage business linkage activities, there needed co-ordination from the State, industry organisations and economic entities, said Kiên. Finally, economic entities or businesses and business households are conscious of change, self-improvement and proactively seek to participate in the process of business linkages and formation of value chains. The initiative of economic actors played a key role in the formation and operation of economic links, he noted.

Source: Viet Nam News January 02, 2024 06:33 UTC