Journal of Asian Business and Economic Studies
Vol. 30(3) , September 2023, Page 226–240


Premature deindustrialization risk in Vietnam
Yuta Tsukada

Email: tsukada.y.125@ms.saitama-u.ac.jp
Organization:
Received: November 03, 2025
Revised: November 03, 2025
Accepted: September 01, 2023
Published: November 03, 2025
Views: 20
Downloads: 0
More Citation Format
Abstract
Purpose This study aims to examine the premature deindustrialization risk in Vietnam. Design/methodology/approach This study uses a manufacturing–income relationship to conduct an empirical estimation. The latecomer index is adopted in the regression model to identify a downward shift of latecomer's relationship. Findings The empirical analysis indicates that there is a risk of premature deindustrialization in the Northern Midlands and Mountain Areas. The provinces with low trade openness or foreign direct investment may experience risk of premature deindustrialization. Practical implications This study proposes technology diffusion as a policy direction to prevent premature deindustrialization. Furthermore, the Vietnamese government should improve the business environment in the Northern Midlands and Mountain Areas by promoting and attracting export-oriented foreign direct investment. Originality/value This study is the first to examine premature deindustrialization in Vietnam based on provincial-level data.

Keywords
Premature deindustrialization, Vietnam, Technology diffusion, Latecomer index
References
Does export promotion enhance firm-level intensive margin of exports? Evidence from a meta-regression analysis
2025, Journal of Asian Business and Economic Studies More

Location choice of foreign direct investment in technical KIBS in China: impact of human capital and intellectual property rights protection
2025, Journal of Asian Business and Economic Studies More

E-governance and sustainable human development in Asia: a dynamic institutional path perspective
2025, Journal of Asian Business and Economic Studies More

Exploring the impact of urbanization on consumer goods distribution networks
2021, Journal of Asian Business and Economic Studies More

Fiscal sustainability in developing Asia – new evidence from panel correlated common effect model
2020, Journal of Asian Business and Economic Studies More