Industrial production shift from Ho Chi Minh City to the provinces: Trends and solutions

Abstract:

Relocation of industrial production from Hochiminh City to other provinces has become a vivid trend under the political party and the state’s lines about economic development together with regional linkage and under impacts of market mechanisms. Investment of enterprises of Hochiminh City in other provinces help them expand production scale; restructure production activities in the orientation of utilizing potentials and advantages of each province in the region; and significantly contribute to industrial development, value added and growth of job opportunities in other provinces. Through secondary data and results from the survey, the paper analyzes and assesses the causes and trends of industrial enterprises relocating to provinces, suggesting several reasonable adaptive solutions in the future.