In
Vietnam, service sector development is always a key to the sustaninable growth
to the country. One of the best services is administration and support services
industry that provide a wide variety of routine support functions that are
vital to the day-to-day running of businesses and organizations in both the
public and private sectors.
Service
industries exist in all economies because they are the facilitators of economic
activities and important contributors to quality of life for all citizens.
Infrastructure services (utilities, construction, transportation,
telecommunications, and financial services) support all types of enterprises.
Education, health, and recreational services influence the quality of labour
available to enterprises. Business and professional services provide
specialized expertise to increase enterprise competitiveness. The quality of
government services determines the relative efficiency of the business
environment in which enterprises operate.
Moreover,
as an economy develops, certain service industries or sub-sectors become more
critical and drive that development. Typically, utilities and construction are
of initial importance in creating an economic base.Then transportation and
communication services provide the economic infrastructure. Then financial and
business services become more sophisticated and support ongoing growth and
specialization. In parallel, there is usually a shift from low skill industries
and consumer services (e.g., retail services) to high skill industries
supported by intermediate services (e.g., business services). The availability
of high quality service inputs contributes both to increasing the value-added
of industrial goods and to generating higher skills jobs. As an economy
develops, usually the majority of intermediate production is comprised of
services sold to other service firms.
Also,
service industries already contribute on average 70 percent of the global gross
domestic product (GDP), with the percentage increasing as gross national income
(GNI) per capita increases. Even in the least developed economies, services
average over 45 percent of GDP in the majority of economies. In actuality, it
is not the absolute percentage of services in GDP in a developing or transition
economy that makes the difference to economic development but rather the
relative growth rates of the three sectors (i.e., extractive, manufacturing,
services). Service industries continue to lead growth in economies at all
levels of development, driven in part by the rapid changes in information
technology and telecommunications that support service delivery.
Additionally,
quality of life services (such as education and health), supported by
electricity, are critical for improving the life of the very poor. In addition,
since many service enterprises can be started with very little capital (in
contrast to manufacturing), service industries provide opportunities for
persons with minimal resources, particularly women, to become self-employed and
economically productive. The vast majority of service enterprises in any
economy are very small or microenterprises. Environmentally speaking, many services
are “clean” industries and so assist with avoiding pollution-related illnesses
and environmental degradation.
One
more thing, the strengthening of state management capability should be starting
from policy
making process. Building a powerful database system, using modern quantitative
tools and consultation to research into international and domestic environment,
forecasting, determination of policy options and selection of optimal policy
are essential to have appropriate policies, to ensure feasibility through
specific resources towards long run economic development tendency and rational
agenda. Knowing experiences of countries that have similar socio-economic
conditions is very necessary for Vietnam when determining its own way in a
sharply internationalized environment. Besides, participants in policy making
process, especially those are directly affected by policies, have to be
diversified.
In
summary, Vietnam has to be more active when opening to the international
market, rapidly transform from import substitute and protection mechanism,
preferential industry and state owned enterprises promotion into a highly
competitive environment and knowledge and high- technology - based export while
still taking advantages of low - labor - cost - based export activities. The
Government plays a great role in this transformation cause. With further
strengthening policies on development of enterprises, abolishment of monopoly
of state owned enterprises, development of production factor markets,
macroeconomic stabilization, acceleration of integration process, and
modernization of public sector, Vietnam will gain higher benefit from
opportunities in the globalization as well as minimize possible costs and reach
the projected goals.