NON-CORE ECONOMY DEVELOPMENT IN HANDICRAFT VILLAGES IN THE RED RIVER DELTA

Abstract

Currently in the craft villages in Vietnam, especially in the Red River Delta, there are two entities, the formal economy and the informal economy. The informal economy is facing difficulties in accessing to markets, science and technology, and industrial production processes. Their production process is confined in their own villages. To assess the contribution of the informal economy in craft villages and overcome the constraints of the production organization in the process of economic integration. The author focuses on clarifying some theories as well as the realities of the informal economy in handicraft villages in the Red River Delta, and proposing solutions for the development of the non-core economy in the future.