Local Economic Development in Viet Nam : Value the value chains

LED Story No. 2

The experience in Viet Nam shows that value chain development is a promising way to go about Local Economic Development. It builds on rooted economic activities, local resources, dialogue and cooperation among a wide range of stakeholders. Value chain development tackles constraints at the enterprise level as well as in the business environment. As such, this integrated approach contributes to local economic growth and job creation.