Journal articles on the topic 'Government business enterprises Vietnam'
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1
Xuan, Vu Ngoc. "Determinants of business performance of the firms: A case of the construction listed enterprises in Vietnam Stock Market." Accounting 7, no. 7 (2021): 1741–50. http://dx.doi.org/10.5267/j.ac.2021.4.023.
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This research aims to investigate the determinants of business performance in Vietnam small and medium sized firms. The study employs a sample of 100 construction-listed enterprises in the Vietnam Stock Market. The author collects data on time series of October 2020 based on the financial statement and annual reports of the Vietnam construction listed companies. The survey data are collected by email and internet sources. This study also identifies the factors that affect the business performance enterprises in Vietnam. The author processed data via STATA 14.0 and SPSS 20.0 software. The research results indicate that (1) government support policies, (2) education level of enterprises owner, (3) enterprises scale, (4) society relationships of enterprises and (5) revenue growth rate affect the business performance of construction- listed enterprises in Vietnam. In addition, the government support policies, education level of enterprises owner, enterprises scale, society relationships of enterprises and revenue growth rate have positive impact on business performance of the Vietnam Construction Listed Companies. In which, education level of enterprises owner and government support policies have mostly positive impacts on business performance. The findings of this study also suggest that the education level of enterprise owners is the highest impact to business performance of the construction- listed firm in Vietnam.
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Hung, Vu Van, and Nguyen Duy Dung. "Bribery in business sector: Vietnam's regulation and current situation." International Journal of ADVANCED AND APPLIED SCIENCES 9, no. 11 (November 2022): 71–76. http://dx.doi.org/10.21833/ijaas.2022.11.008.
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Corruption is a negative phenomenon appearing in many subjects of society. In Vietnam’s business sector, the most common form of corruption is bribery. Bribery to falsify business activities undermines development, and innovation reduces labor productivity and hinders the correct policies of the Government. In recent years, Vietnam’s economy has been developing rapidly. However, besides the economic development, Vietnam is facing many problems in business, such as bribery, which is considered an "inevitable" issue when doing business in Vietnam. Previous studies have focused on bribery in Vietnam. However, most researchers are concerned with the consequences of bribery, the effects of bribery on socio-economic, and the Government anti-corruption policy. There is no in-depth research to analyze the legal framework and clarify the situation in a narrow field such as bribery in business in Vietnam. Our study will evaluate Vietnam's regulations on anti-bribery in business and analyze the current practice of this problem, which focuses on clarifying the situation of enterprises bribing officials and assesses the extent of the act of bribery, thereby providing a general overview of bribery in business in Vietnam.
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Ha, Dao Thi Thieu. "The relationship between government, market and enterprises in Vietnam." Science and Technology Development Journal 17, no. 1 (March 31, 2014): 16–28. http://dx.doi.org/10.32508/stdj.v17i1.1255.
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This article analyses the reality relationship among government, market and enterprises in Vietnam in the period of 1996-2012. We find out that: (i) the effectiveness of government indicators such as ease of doing business index, the economic freedom index, the government effectiveness indicators (belong to the governance indicators) improved considerably overtime but have not reached the average level of the world; (ii) the relationship between government and enterprises has not been clear-cut. As a result, though many reforms have been conducted, state owned enterprises still take up a high percentage in many industries and enjoy multiple preferential polices while operate inefficiently. This articles also points out the reasons of the situation and gives some recommendations for solving those problems.
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Nguyen, Anh Phong, Anh Vu Nguyen, Thi Hong Minh Ho, and Thi Thanh Truc To. "Diversification of business and technical efficiency of companies in Vietnam." Journal of Eastern European and Central Asian Research (JEECAR) 8, no. 4 (December 5, 2021): 481–94. http://dx.doi.org/10.15549/jeecar.v8i4.772.
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This study focuses on assessing the technical efficiency of enterprises across 63 provinces of Vietnam from 2015 to 2018 and the factors affecting their technical efficiency, in which we focus on two factors: business diversification and ICT index. In this research, we use the DEA method to group effective and ineffective enterprises, then use the GMM method to estimate the factors affecting to the firm’s performance. The research results show that the technical efficiency of enterprises in the provinces is quite small (about 10%), most of the enterprises have not achieved the technical efficiency due to the wasteful use of input factors. Research shows that business diversification and ICT both have a positive impact on efficiency, from which to increase technical efficiency, enterprises in provinces need to pay attention to business diversification and improve ICT index. in terms of the local government
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Kim Tuyen Nguyen, Thi, Ngoc Tien Nguyen, and Thi Mai Huong Nguyen. "Assessing the level of environmental information disclosure by listed companies on the stock market in Vietnam." Problems and Perspectives in Management 17, no. 3 (August 21, 2019): 207–17. http://dx.doi.org/10.21511/ppm.17(3).2019.17.
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The environmental information disclosure of enterprises listed on Vietnam’s stock market has been mandated by the Ministry of Finance of Vietnam according to Circular No. 155/2015/TT_BTC. Therefore, enterprises need to be responsible for announcing and interpreting financial and non-financial information about the environment to meet the needs of the Government and stakeholders. However, the level of environmental information disclosure depends on their business, company characteristics, compliance of the board of management, etc. This paper investigates and assesses the level of environmental information disclosure of the listed companies on the stock market in Vietnam. The study was conducted with 170 listed companies on the Hanoi Stock Exchange (HNX) and Ho Chi Minh City Stock Exchange (HOSE) through descriptive statistics and value testing methods and an in-depth interview. The research results have shown that in Vietnam, the level of enterprises announcing environmental information disclosure is still low. For example, materials and construction industry, food and beverage industry have less than 55% of enterprise disclosing environmental information. At the same time, the enterprises from environmentally sensitive sectors such as materials and construction, electricity, petroleum, gas, chemicals, etc., have more environmental information disclosure than other industries, and the environmental information published only focuses on the environmental debt, the amount of resources consumed, the number of environmental violations, environmental policies and objectives, etc.
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Tran, Dong Mai, Wayne Fallon, and Margaret H. Vickers. "Leadership in Vietnamese state owned enterprises (SOEs)." Asia-Pacific Journal of Business Administration 8, no. 1 (April 4, 2016): 21–36. http://dx.doi.org/10.1108/apjba-10-2014-0116.
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Purpose – The purpose of this paper is to explore multiple stakeholders’ perceptions of leadership in Vietnamese state-owned enterprises (SOEs). Design/methodology/approach – The paper presents findings from semi-structured interviews that were conducted in Vietnam, with seven different stakeholders who had varying understandings of Vietnamese business leadership within the Vietnamese business context. All interviews were transcribed, then translated into English, and thematic analysis of the interview data undertaken. Findings – The paper suggests that there was a significant variation in Vietnamese leadership perceptions when compared to Western leadership practices, especially when considering the perceptions of those stakeholders with regard to business leadership in the Vietnamese collectivist cultural context. The themes presented include: SOE decision making and responsibility; SOE promotions and appointments; and SOE performance. Research limitations/implications – In the absence of studies of leadership in Vietnamese SOEs, and leadership studies in the Vietnamese culture in general, this research was deliberately exploratory and qualitative. Future mixed methods or quantitative studies are recommended to offer more generalizable conclusions. Practical implications – Implications are discussed that point to leadership changes in Vietnamese organizations, and at the individual level, to assist the Vietnamese government, SOEs, and future leaders. Recommendations are also made that are intended to assist foreign business investors and multinational companies operating in Vietnam, now and in the future, to improve their leadership capacity within this context. Social implications – Vietnam is a country in social and economic transition. Understanding the leadership practices and perceptions, especially how that might differ from leadership in Western nations, is critical for the success of organizations in Vietnam and, in turn, for the economic and social prosperity of the Vietnamese people. Originality/value – The paper contributes perceptions of business leadership in Vietnamese SOEs that have not previously been explored and should be, especially given this critical time of economic and social transition for the Vietnamese nation and economy.
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Khanh, Truong Van, and Tram Bich Loc. "Fintech Credit — Opportunities for SMEs in Vietnam." Journal of Business and Economics 9, no. 6 (June 20, 2018): 537–42. http://dx.doi.org/10.15341/jbe(2155-7950)/06.09.2018/008.
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Small and medium enterprises (SMEs) have an important role in the development of countries, especially in developing ones like Vietnam, but access to capital of this type of business is always difficult, while the support of the Vietnamese government has not been effective or negligible. However, the fourth industrial revolution (industry 4.0) have created a new type of business — Fintech companies which provide SMEs an easier way to access capital. Nevertheless, the concept of Fintech is relatively new in Vietnam and the operation of these companies implicit certain risks. Therefore, in order to help SMEs take advantage of this non-bank capital resource, the authorities are asked to promulgate laws or decrees for business environment of Fintech companies.
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Le, Nguyen Phuong, and Luu Van Duy. "Effect of provincial competitiveness index on enterprise attraction in the Central Highlands, Vietnam." PLOS ONE 16, no. 9 (September 13, 2021): e0256525. http://dx.doi.org/10.1371/journal.pone.0256525.
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This study aims to make a critical review of provincial competitiveness index (PCI) in the Central Highlands of Vietnam. In this regard, the research examines relationships between PCI and the possible attraction of enterprises operating in the region, thereafter, proposes some policy recommendations to improve business environment in the region. The secondary dataset of PCI and enterprise were incorporate with primary data collected from qualitative methods to explore the effect of PCI on enterprise attraction. The results show that the enterprises which have been operating in the Central Highlands accounted for 2.2% of the total with invested capital and accounted for 1.1% of whole country in 2018. PCI highly correlates with the number of enterprises, the employees and the capital of enterprises. Consequently, in order to attract enterprises, local governments in the region need to improve sub-indexes thereby improving general PCI scores.
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Quoc Trung, Trinh, and Nguyen Van Tan. "Tax incentive policy and firm performance: evidence from Vietnam." Investment Management and Financial Innovations 17, no. 2 (July 1, 2020): 277–96. http://dx.doi.org/10.21511/imfi.17(2).2020.22.
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This paper aims to assess the impact of the tax incentive policy on firm performance after privatization in Vietnam. Using research data of 260 privatized enterprises in Vietnam, this study sheds light on whether tax incentive policies can help improve firm performance after privatization. The paper utilizes a pre-post comparison approach proposed by Megginson, Nash, and Van Randenborgh (1994). The research results reveal that privatized enterprises with tax incentives have improved profitability (ROA, ROE, ROS) and operating efficiency (NIEFF) and reduced leverage after privatization. A statistical reduction in the number of employed and an improvement in output (real income) after privatization are not observed. Besides, there is no statistical evidence proving that privatized enterprises have experienced significant changes in standard deviations of firm performance measures after privatization in Vietnam. Given significant improvements in the profitability of post-privatized enterprises with tax incentives, the authors propose some managerial implications for the Vietnamese government, investors and non-privatized state-owned enterprises (SOEs).
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Angelino, Antonio, Mattia Tassinari, Elisa Barbieri, and Marco R. Di Tommaso. "Institutional and economic transition in Vietnam: Analysing the heterogeneity in firms’ perceptions of business environment constraints." Competition & Change 25, no. 1 (July 9, 2020): 52–72. http://dx.doi.org/10.1177/1024529420939461.
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Vietnam has experienced a gradual process of institutional transition combined with rapid economic growth since the Doi Moi reform in 1986. In recent years, the government has recognized the need to implement reforms to foster the development of favourable business environment conditions. In this scenario, however, the government seems to assume a uniform demand for business environment reforms, ignoring possible divergences in the constraints faced by different actors of the system. The aim of this paper is to analyse the heterogeneity in firms’ perceptions of business environment constraints. Adopting discrete choice models on firm-level data and subjective assessments on business environment obstacles, we differentiate the nature and severity of firms’ obstacles according to different characteristics of the enterprises, including the firm size, territorial localization and levels of performance and competitiveness. The study is useful as an informative base for defining public interventions calibrated on the different categories and needs of Vietnamese enterprises.
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The Dong, Phung, and Nguyen Thi Hong Nham. "The factors affecting accessibility to credit capital of small and medium enterprises in Vietnam." Statistics and Economics 15, no. 6 (January 16, 2019): 15–25. http://dx.doi.org/10.21686/2500-3925-2018-6-15-25.
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The difficulty in accessing loans is one of the major barriers to the development of small and medium enterprises (SMEs) in Vietnam. Low accessibility to capital forces SMEs to spend both official and unofficial costs in order to obtain loans, and/or to access the unofficial market at higher interest rates, thereby increasing cost of production of enterprises. Studies suggest that the determinants of bank loan processing through which small and medium enterprises can access official loans include: characteristics of enterprises; indicators, reflecting the performance of enterprises; characteristics of loans; characteristics of enterprises, enterprise owners; geographical position of enterprises; the creditworthiness of enterprises and the role of the network.Purpose of the study.The aim of this paper is the quantitative analysis of the factors, affecting accessibility to credit capital of small and medium enterprises in Vietnam.Materials and methods.This study was conducted on the basis of a survey in December 2017. The survey includes 301 enterprises in Hanoi city. Selected enterprises are also enterprises, surveyed in the annual enterprise survey by the General Statistics Office of Vietnam. This paper uses the Probit and Logit regression approach to estimate the impact of factors, affecting the disbursement probability of a loan of an enterprise. The number of SMEs accounts for 56.69% of the samples. The number of enterprises, applying for a bank loan accounts for 58.4% of the total samples, of which the percentage of disbursed loans for SMEs accounts for only 47.3%. For enterprises without a bank loan, eliminating the reasons for the lack of demand and unwish to be in debt, the main reasons not to access bank loans are high interest rates, complicated loan procedures and insufficient collateral.Results.The results obtained from the Logistic and Probit models show that the estimated coefficients are statistically significant, affecting the probability of taking a business loan, accepted by financial institutions. Although the coefficients, estimated from Logistics model are larger than those estimated from the Probit model, the estimated results show that the direction of impact of the variables in two estimation techniques gives quite similar results.Conclusion.Based on the results of this study, the Government of Vietnam should implement policies to support SMEs in the direction of improving their access to capital. The credit institutions should design products and services suitable to the characteristics of SMEs in Vietnam.
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Xuan, Le Thanh, Trịnh Đức Trọng, and Le Thai Phong. "Developing Financial Sources: The Case Of Small And Medium Enterprises In Vietnam." Advances in Social Sciences Research Journal 8, no. 5 (May 28, 2021): 322–40. http://dx.doi.org/10.14738/assrj.85.10223.
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Although Vietnam's business environment has undergone fundamental changes to create favourable conditions for small and medium-sized enterprises (SMEs) to develop, SMEs are having difficulties in their existing operation and are facing constraints in accessing financial sources. This research aims to analyze the situation of financial sources and produce the relevant recommendations for small and medium enterprises in Vietnam. The authors use secondary data from government official websites of the Socialist Republic of Vietnam about Vietnam's SME survey of Ha Noi Capital in the period 2014 – 2020. By observing and analyzing the collected data, the study provides a detailed description of the findings and relevant recommendations. After examining and investigating data and current studies about Vietnamese SMEs, the authors find that, in general, main constraints in accessing financial sources of SMEs are chiefly caused by (i) macroeconomic conditions, (ii) capacity management, (iii) lack of network and (iv) collateral requirements. The findings suggest implications for Vietnamese SMEs to improve financial sources should focus on: (i) training SMEs’ leaders to tackle potential risks and crises; (ii) creating new financial products and services in environmental and social development in Ha Noi Capital; (iii) developing new credit accessibility products without collaterals for SMEs. Different from prior studies that either provide current situation and list constraints of SMEs or make suggestions without sticking to the actual situation, the authors deliver a more comprehensive analysis about SMEs in the context of a developing country like Vietnam.
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Pham, Nga Thi, and Huong Thi Thu Pham. "Attracting Investment Capital to Help Develop the Economy of Countries in General and Attractive Localities in Particular." International Journal of Sustainable Development and Planning 17, no. 3 (June 2, 2022): 965–69. http://dx.doi.org/10.18280/ijsdp.170327.
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Attracting investment capital to help develop the economy of countries in general and attractive localities in particular. This study was carried out to evaluate the impact of the distribution of local attributes on attracting investment capital in the Thai Nguyen province of Vietnam. The research method is conducted through quantitative analysis with 150 enterprises surveyed in the locality. With multivariable analysis technique (reliability test, PLS-SEM model analysis) on Smart-PLS version 3 software. Research results from 150 business enterprises in Thai Nguyen (a province of Vietnam). Vietnam) shows that all four groups of local attributes influence investment decisions in the area as well as investor satisfaction: (1) investment incentives; (2) government support; (3) skill training; and (4) living environment. From the results of this study, the authors make some recommendations to help Thai Nguyen province better attract investment capital based on appropriate local resource allocation.
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Zhu, Lei, Orhan Kara, and Xiaowei Zhu. "A comparative study of women entrepreneurship in transitional economies." Journal of Entrepreneurship in Emerging Economies 11, no. 1 (March 4, 2019): 66–80. http://dx.doi.org/10.1108/jeee-04-2017-0027.
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Purpose The purpose of this paper is to compare women entrepreneurship in China and Vietnam by examining the motivations, success factors and problems related to establishing women-owned businesses. Design/methodology/approach The sample in this study consisted of 170 women entrepreneurs in Vietnam and 180 women entrepreneurs in China. The authors used the survey instrument developed by H.M. Chu (Chu and Katsioloudes 2001), which has been adopted in a number of small business studies since 2002. To determine whether there is a significant difference between the two countries regarding each factor of motivations, success factors and problems, the authors use the non-parametric Wilcoxon rank-sum test. Findings Women entrepreneurs are motived to earn more income in both China and Vietnam. Vietnamese businesswomen value intrinsic rewards such as gaining personal satisfaction and freedom. They also take business ownership as a way to reduce work–family conflict. Demonstrating the ability and gaining public recognition play a more important role when Chinese women entrepreneurs decide to establish their businesses. Both Chinese and Vietnamese women agree that good management skills are essential to achieve their goals. Women entrepreneurs in both countries share similar challenges, such as the inability to recruit and retain employees, severe competition, a weak economy and limited access to financial capital. Practical implications Given the nature of transitional economies in both countries, the government is required to improve the regulatory environment for protecting private sector employment and private property rights. Policies such as subsidies and tax incentives may assist the development of women enterprises. To support the sustainable growth of women businesses, it is suggested that the government should design effective programs that direct women entrepreneurs to move into high-growth or high-technology sectors. Training programs are also required to improve the knowledge and skills of women entrepreneurs. Making capital accessible to women is also important to stimulate entrepreneurial growth. As a further stimulus, governments should coordinate with financial institutions to provide low-cost loans or even venture capital to facilitate this process. Originality/value This study is among one of the first attempts to compare women entrepreneurship in the two transitional economies of Vietnam and China. It provides insight into motivations, success factors and problems that women entrepreneurs experienced by examining small business owners in Vietnam and China.
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Ha, Thieu Sang, Phuoc Quy Phong Nguyen, and Thi Cam Huyen Nguyen. "Opportunity and Challenge of Vietnamese Fleets in the Consideration of International Factors." European Journal of Engineering Research and Science 5, no. 2 (February 11, 2020): 155–59. http://dx.doi.org/10.24018/ejers.2020.5.2.1752.
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In order to support shipping enterprises to overcome the difficult period, gradually improve the capacity and market share of goods transport of Vietnamese shipping enterprises, under the guidance of the Government and the Ministry of Transport. The Vietnam Maritime Administration researched and developed a project to improve the market share capacity of Vietnamese import and export shipping enterprises. The project focuses on two main objectives: From now to 2015, support Vietnamese shipping enterprises to overcome difficulties and restore production; In the period after 2016, step by step raise the capacity and market share of transporting import and export goods of Vietnamese shipping enterprises. The project offers a number of solutions to win the market share for Vietnamese fleets in transporting import and export goods of state corporations such as coal, minerals, food ... recommendations on financial and taxation for businesses. The Government Office and a number of other ministries agreed that it was necessary to develop a mechanism to support Vietnamese shipping enterprises to improve their market share of cargo transport in accordance with the Resolution of the 4th Conference. on the Vietnam Sea Strategy to the year 2020.
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Ha, Thieu Sang, Phuoc Quy Phong Nguyen, and Thi Cam Huyen Nguyen. "Opportunity and Challenge of Vietnamese Fleets in the Consideration of International Factors." European Journal of Engineering and Technology Research 5, no. 2 (February 11, 2020): 155–59. http://dx.doi.org/10.24018/ejeng.2020.5.2.1752.
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In order to support shipping enterprises to overcome the difficult period, gradually improve the capacity and market share of goods transport of Vietnamese shipping enterprises, under the guidance of the Government and the Ministry of Transport. The Vietnam Maritime Administration researched and developed a project to improve the market share capacity of Vietnamese import and export shipping enterprises. The project focuses on two main objectives: From now to 2015, support Vietnamese shipping enterprises to overcome difficulties and restore production; In the period after 2016, step by step raise the capacity and market share of transporting import and export goods of Vietnamese shipping enterprises. The project offers a number of solutions to win the market share for Vietnamese fleets in transporting import and export goods of state corporations such as coal, minerals, food ... recommendations on financial and taxation for businesses. The Government Office and a number of other ministries agreed that it was necessary to develop a mechanism to support Vietnamese shipping enterprises to improve their market share of cargo transport in accordance with the Resolution of the 4th Conference. on the Vietnam Sea Strategy to the year 2020.
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Cong Phuong, Nguyen, Tran Dinh Khoi Nguyen, and Ha Phuoc Vu. "Politics and institution of corporate governance in Vietnamese state-owned enterprises." Managerial Auditing Journal 35, no. 5 (March 14, 2020): 667–84. http://dx.doi.org/10.1108/maj-02-2018-1810.
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Purpose The paper aims to examine how the change in political ideology and institutions affects corporate governance (CG) of the state-owned enterprise (SOE) in Vietnam, as well as its consequences. Design/methodology/approach To link macro-level institutional change to micro level of the reform process of the Vietnamese SOE governance, we draw from the “Varieties of Capitalism” (VoC) framework adopt a triangulation approach for data collection. Findings The paper shows the CG of SOEs is a variant of capitalist CG. Changes in the function, state control and structure of governance in the Vietnamese SOEs have been shaped by the political ideology and institution. It also shows that the political and bureaucratic interferences of the state in SOEs are for political interests rather than for firms’ effectiveness. Research limitations/implications The political ideology has existed in major aspects of the governance structure of the SOEs as a part of the party’s effort to maintain its economic legitimacy and a government of “control and domination”. Practical implications The findings of this study can be seen as a reference for the Vietnamese Government and governments of other developing countries in making incremental improvements in existing institutions rather than choosing the “best” model of CG. Originality/value The paper contributes to the literature by applying the VoC framework to analyse the change in SOE governance in a transition country while preserving the communist ideology. It can deepen our understanding of the SOE governance in Vietnam and enrich comparative studies of CG in the transition countries.
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Quang Huy, Nguyen. "Improve the Competitiveness of Vietnamese Businesses in the Current Period." Addaiyan Journal of Arts, Humanities and Social Sciences 2, no. 1 (February 5, 2020): 1–6. http://dx.doi.org/10.36099/ajahss.2.1.1.
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Currently Vietnam is a member of many internationalorganizations. Participation in international economic integration helpsbusinesses of Vietnam expand industries, export products, expand exportmarkets, etc. but at the same time bring many challenges for Vietnamesebusinesses, such as quality of the product, products that meet the rules oforigin of goods, etc. The Government is providing maximum support forbusinesses, but seizing the opportunity or not depends entirely on theenterprises themselves. Enterprises need to have specific developmentstrategies, in which improving their competitiveness to adapt to the newbusiness environment is the decisive factor for their “survival”. In thecontent of this article, the author focuses on analyzing the difficulties ofVietnamese enterprises in the process of competing with foreignenterprises, and proposing some solutions to improve the competitivenessof the Vietnamese businesses in the current period.
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Binh, Ngo Xuan. "Vietnam’s Exports to the Chinese Market: Risks and Potential Mitigators." China Report 55, no. 3 (August 2019): 265–78. http://dx.doi.org/10.1177/0009445519853700.
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From the characteristics of the Chinese market and the current status of Vietnam’s exports to this market, this article tries to point out the risks that Vietnamese exporters have to identify in order to find ways to overcome those risks, thereby to help increase exports from Vietnam to the Chinese market which is a very important market of Vietnam. In this article, the author does not focus on the opportunities brought about by the Chinese market or the current status of Vietnamese exports of goods to this market. The aim of the article is mainly to identify the risks that come from the Chinese customers or Chinese trade policy, etc. The intention of the author is to evaluate the risks and current policy practices in order to bring about recommendations for policymakers to deal with the risk involved in current Vietnam–China trade. To achieve the above objectives, the article uses analytical, statistical and comparative methods. These are common methods in economic and business analysis. Research data are collected from primary and secondary sources, that is, the data collected from domestic and international authors, from the general department of statistics, general department of customs and Ministry of Industry and Trade of Vietnam. The article argues that the Chinese market is very important for exports from Vietnam and contains many risks; and that it is imperative to identify these risks. It also considers what the government and enterprises of Vietnam have to do to overcome these risks.
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Pham, Hung D. "Determinants of New Small and Medium Enterprises (SMEs) Access to Bank Credit: Case Study in the Phu Tho Province, Vietnam." International Journal of Business and Management 12, no. 7 (June 6, 2017): 83. http://dx.doi.org/10.5539/ijbm.v12n7p83.
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Small and medium-sized enterprises (SMEs) play a very important role in the Vietnamese economy. Specifically, new SMEs are seen as a suitable solution to cope with development issues such as poverty and a high unemployment rate. In Vietnam, a high SME failure rate is due to lack of capital and poor managerial experience of owners. Most existing research on SMEs focuses on well-established stages, and less attention is paid to new SMEs. This paper investigates the determinants of credit access by SMEs existing for less than forty-two months in the Phu Tho province located in Northern Vietnam. The quantitative data were collected from 259 SMEs in 2015. The regression analysis reveals that a business plan, the firm size, and networking (emotional trust, knowledge trust, and approachability) are the main drivers of access to bank loans by new SMEs. About 64% (165 observations) of new SMEs in our sample did not get any bank loan caused by high collateral requirements, unfavorable interest rate, poor business plans, limited networking, and lack of government support. The results also indicate that, among the selected explanatory variables, having a concrete business plan significantly affects the bank loan ratio (total bank loans over total capital). Based on these results, we derived political implications.
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Tri, Nguyen Minh. "The application of E-learning in training human resources of Vietnam tourism - opportunities and challenges." Journal of Humanities and Education Development 4, no. 5 (2022): 69–72. http://dx.doi.org/10.22161/jhed.4.5.10.
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Resolution No. 08-NQ/TW of the Political Bureau of the Party Central Committee on January 16th,2017, has given the attention of the Party and Government to tourism development, which has been oriented as a spearhead economic sector of Vietnam. For the tourism industry, human resources are considered an asset that directly affects the business performance of enterprises and the strong development of the industry. Therefore, the training of high-quality human resources in the tourism industry is always valued, especially in the context of the industrial revolution 4.0, which has significantly impacted human resource training for the tourism industry. Besides mentioning some points about the current movement of human resources for tourism in Vietnam, this article also presents challenges and opportunities in applying E-Learning in teaching human tourism resources.
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Vu, Huynh Quoc, Pham Thi Bich Ngoc, and Nguyen Le Hoang Thuy To Quyen. "The Effect of Institutions on Productivity Spillovers from FDI to Domestic Firms: Evidence in Vietnam." GLOBAL BUSINESS FINANCE REVIEW 27, no. 3 (June 30, 2022): 28–40. http://dx.doi.org/10.17549/gbfr.2022.27.3.28.
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Purpose: The purpose of this study is to investigate the impact of formal institutions and their components on productivity spillovers from FDI enterprises to domestic firms’ TFP in developing countries like Vietnam.
Design/methodology/approach: The study, conducted in two steps to explore the relationship, is to estimate the firm's TFP in accordance with the semi-parametric method of Levisohn and Petrin (2003). Regression is in accordance with the equation with panel data and adjusted by Driscoll and Kraay standard errors. An unbalanced panel data, related to more than 61,600 Vietnamese manufacturing firms from 2012 to 2017, is combined with the Provincial Institutional Quality Survey (PAPI index) and IO table.
Findings: The local institutions have a positive impact on promoting learning ability and increasing productivity of domestic firms, especially small and medium enterprises (SMEs) that take better advantage of this effect. Vertical linkages with FDI enterprises assist local firms to increase productivity while horizontal linkages bring in negative effects. Domestic enterprises with high productivity (in the top 25%) receive positive spillover effects from horizontal linkages and vertical linkages and gain positive impacts of the institution on productivity whereas the group of low-productivity enterprises records negative impacts. This research highlights those enterprises operating in the region where institutions have transparency, accountability, participation in comments and effective corruption control can absorb spillovers and improve their productivity as well as the transparency and corruption control are recognized as having a positive impact through horizontal linkages.
Research limitations/implications: With the limitation of research data being conducted only on manufacturing enterprises, there is a lack of data on the impact of service enterprises. The study only stops at understanding the impact of formal institutional effects on productivity spillovers whereas informal institutional effects will be studied in the future. Furthermore, the productivity spillovers of FDI enterprises are explored in general besides other FDI forms that will have different productivity spillovers like offshore. From the results of this study, the governments of developing countries should improve their institutions to encourage local enterprises to take the advantage of spillover effects from FDI enterprises as well as pay more attention to regional factors by supplementing development priority policies based on the capacity of each region. Institutional quality at provincial level has a positive impact on productivity spillovers; consequently, it is essential to have policies for further institutional improvement.
Originality/value: This is the first research paper on the impact of the institutional factor at provincial level on firm’s productivity in developing countries like Vietnam. Theoretically, the impact of formal institutions on spillover effects from FDI enterprises is also clarified. In addition, our findings have implications for local economic development policies: vertical linkages promote domestic firms to increase their productivity while horizontal linkages of FDI enterprises in the same industry generate adverse impacts. This paper suggests some feasible solutions for SMEs in developing countries towards their productivity improvement.
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Duc, Phan Minh, and Duong Ngoc Anh. "CORPORATE SOCIAL RESPONSIBILITY THROUGH MOTIVATING EMPLOYEES IN TYPICAL STATE-OWNED ECONOMIC GROUPS IN VIETNAM." Academic Review 2, no. 57 (November 25, 2022): 216–32. http://dx.doi.org/10.32342/2074-5354-2022-2-57-17.
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In Vietnam, among 10 biggest economic groups (SEGs), four representatives, which are Viettel, Mobifone (belonged to VNPT in the period 1994-2016), Bao Viet Insurance (belonging to Bao Viet Group), Petroleum Insurance (belonging to PVN Group), have been ranked in the top list of 100 most desired employers in the market by Anphabe. This means that the working environment at the parent company or some subsidiaries of these four groups retains good employees and constantly attracts new talents to join. However, with the great potential and incentives on resources received from the Government, the business performance indicators of those State Economic Groups are not really commensurate. The root of the problem lies in the motivation of the workers. Also, the picture of corporate social responsibility is also much more energetic when the business situation of the groups becomes positive. When international partners and importers require Vietnamese enterprises to comply with global standards on occupational safety, worker health care, and environmental protection, Vietnamese enterprises will have stronger motivation to change and improve their performance, which means increased competitive advantage in the globally integrated environment. Therefore, this paper focuses on the relationship between CSR and the process of motivating employees to suggest new and more groundbreaking research directions on this issue in the future. This study is one of very few studies which have examined the potential relationship between Corporate Social Responsibility and Employee Motivation, with a look from the inside of the company towards the outside connection with society, communities and the customers. The effects can be imposed in back-and-forth directions between CSR and Employee Motivation activities of the company.
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Anh Phong, Nguyen, Bui Thi Quynh Dao, Le Thi Thuy Hue, Nguyen Ngoc Van Khanh, Nguyen Lam Thanh Ngan, and Vu Thuy Hong Phuoc. "The Impact of ICT on Technical Efficiency of Vietnam’s Enterprises." International Journal of Economics and Financial Research, no. 72 (June 2, 2021): 65–73. http://dx.doi.org/10.32861/ijefr.72.65.73.
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This research evaluates the impact of ICT on the technical efficiency of firms in 63 provinces and cities in Vietnam. We apply to use the DEA method in which we use the variable return to scale to evaluate because firm sizes in 63 provinces are different. At the same time, this method aims to minimize input factors without reducing output factors to measure technical efficiency. This result that is used a binary variable in the logit regression model to identify factors that have an impact on technical efficiency, especially the ICT factor. The research results show that only nearly 10% of the provinces could be technically efficient in business activities. Provinces with sustainable performance and efficiency all depend on influencing factors such as equity ratio, labor productivity, market size, investment, and especially the ICT factor keep increasing over the years and fluctuate around a pretty high level. On the other hand, for the group of unsustainable and ineffective provinces, these variables tend to decrease and fluctuate around at a low level. The research shows that factors in labor productivity, equity ratio, market size, investment, and ICT all have a positive impact on a firm’s performance in 63 provinces and cities of Vietnam. Therefore, firms that want to enhance their efficiency need to have strategies to improve the factors mentioned above. Moreover, the local government needs to improve the ICT index to help to increase their local Enterprises’ efficiency.
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Maher, Michael, and Richard Hazenberg. "Floating down the river: Vietnamese community-led social innovation." Social Enterprise Journal 17, no. 1 (January 18, 2021): 1–19. http://dx.doi.org/10.1108/sej-04-2020-0024.
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Purpose This paper aims to explore the barriers facing social enterprise-led community energy projects in Vietnam, to understand the barriers and enablers of social innovation in transitioning economies. In doing so, this paper seeks to identify whether the Vietnamese ecosystem is conducive to sustainable community energy projects and social innovation more broadly. Design/methodology/approach This paper used a qualitative, case study-based methodology to explore institutional barriers to social innovation in the context of three community-led energy projects in Northern Vietnam. Interviews and focus groups were undertaken with 17 individual stakeholders within or engaged with the three case studies. The qualitative data used was analysed using constant comparative method, a method of analysis based in grounded theory that allows for iterative analysis of the data gathered. Findings Social enterprises and their beneficiaries are reliant on their ability to network, but with the Vietnamese government actively involved in the markets, there are significant barriers standing in the way of these networking opportunities. Communities with little political capital are alienated from state institutions, whereas enterprises that offer alternative solutions to governmental priorities are seen as competitors by political agents. Originality/value Applying Granovetter’s theory of “embeddedness” and Herold et al.’s (2019) and Popov et al.’s (2016) theories on institutional centrality and power distribution, this paper seeks to add to our understanding on the impact large, hegemonic institutions can have on the networking ability of social enterprises and their beneficiaries.
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Le, Ngoc T. B., and Thang V. Nguyen. "The Impact of Networking on Bank Financing: The Case of Small and Medium–Sized Enterprises in Vietnam." Entrepreneurship Theory and Practice 33, no. 4 (July 2009): 867–87. http://dx.doi.org/10.1111/j.1540-6520.2009.00330.x.
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It is argued that networking is crucial for small and medium–sized enterprises (SMEs), particularly in emerging economies as they seek to access resources for development. One key resource in emerging economies is bank financing. In this paper, we develop a model that examines the net effect of different network ties on bank financing to private SMEs. The results support our hypothesis that different network ties influence SMEs‘ use of bank loans in different ways. Specifically, networking with customers and government officials promotes the use of bank loans, while networking with suppliers and social ties reduces the need for bank loans. This study provides a number of research and managerial implications, which are discussed at the end of the paper.
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Đoàn Thị Hồng, Vân, and Uyen Bui Nhat Le. "Factors affecting innovation capacity in Vietnamese Southern high technology industries." Journal of Asian Business and Economic Studies 24, no. 03 (July 1, 2017): 66–93. http://dx.doi.org/10.24311/jabes/2017.24.3.04.
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Numerous studies have demonstrated that the success of businesses in the era of knowledge-based economy depends on their innovation capacity (Azevedo et al., 2007). Therefore, the main goal of this study is to explore the factors that impact the innovation capacity of enterprises in the Vietnam Southern high tech industry. Besides the qualitative method, the study carries out a survey of 380 enterprises in the fields of electronics, microelectronics, information technology, telecommunications, precision engineering, automation, biotechnology, and nanotechnology. The results reveal that total quality management, internal human resources, absorptive capacity, government support, and collaboration networks impact positively on the innovation capacity. In addition, the research proposes solutions for high tech enterprises to boost their innovation capacity in the future.
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Nguyen, Hong Thu, Tran Xuan Linh Nguyen, Le Kieu Oanh Dao, and Thi Thanh Nhan Do. "Credit Constraints, Institutional Quality, and Growth Possibilities of Private Small and Medium Enterprises." International Journal of Management and Sustainability 11, no. 3 (October 7, 2022): 177–90. http://dx.doi.org/10.18488/11.v11i3.3159.
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The study's objective was to investigate the impact of credit constraints and institutional quality, as measured by the provincial competitiveness index, on the growth of 2,057 private-sector small and medium-sized enterprises (SMEs) in 10 provinces in Vietnam. The data covered three years – 2011, 2013, and 2015 – and the Bayesian method was used. In addition to credit constraints and institutional quality, the paper considered the influence of macro and internal environmental factors on the growth of privately owned SMEs. The findings of the study showed that credit constraints are regarded as a major impediment to the development of private SMEs. Moreover, institutional quality not only has a direct supporting effect on this activity but also has an indirect effect by reducing credit constraints for these enterprises. Additionally, the findings demonstrate the impact of foreign direct investment inflows on the growth of private SMEs. Furthermore, the study emphasizes the importance of innovation and creativity in helping to enhance enterprises’ products and services to meet customers’ needs, thereby increasing enterprise revenue in a stable and long-term manner. Finally, the authors propose policies to improve transparency at all levels of government, reduce administrative procedures, boost provinces’ competitiveness index, reduce credit constraints, and review control regulations to help SMEs. These changes would contribute to the competitiveness of private sector enterprises and create a solid foundation for the country's economic development.
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Nguyen, Hang Thanh, David B. Grant, Christopher Bovis, Thuy Thi Le Nguyen, and Yen Thi Hai Ma. "Digitalization in public sector in emerging economies: The enablers and inhibitors influence electronic customs in Vietnam." International Journal of Data and Network Science 6, no. 3 (2022): 921–34. http://dx.doi.org/10.5267/j.ijdns.2022.2.004.
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This paper investigates how customs officials perceive the implementation of e-customs will influence business performance in Vietnam, a developing country with a lower technological environment. A survey of customs officials was conducted, and data were analyzed by structural equation modelling. The outcomes discover two significant enablers related to relative advantages and the new exploring factor Culture while Finance & Human Resources and Legislation as the inhibitors. Additionally, the study also emphasized that e-customs implementation had a positive influence on firm performance in Vietnam. In addition, the study provides different viewpoints of cultural dimensions in case study of applying e-customs in Vietnam in comparison with previous studies. Culture with attributions related to uncertain acceptance and individualism encourage innovation in other literature reviews, however, the study indicates uncertainty avoidance and collectivism as Vietnam also promotes e-customs deployment. Vietnam with high power distance and short-term orientation became old themes. This emerging country switched to low distance and long-term orientation in terms of e-customs innovation. In contrast to previous studies related to constraints from technology in emerging economies, technological factors are not an obstacle for Vietnam. Furthermore, previous literature reviews inflected legislation and regulations of government as one of the limitations that should be examined in further and this research carried-out this investigation in one of emerging economies. The results of the paper support policy makers who can have essential solutions to enhance e-customs implementation as well as enterprises’ managers set-up strategy to adapt with the modernization environment.
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Nguyen, Phuong Thi, Minh Khac Nguyen, and Huong Thu Dang. "The factors affecting technology transaction value in Vietnam: technology demand approach." International Journal of Productivity and Performance Management 69, no. 2 (September 4, 2019): 344–60. http://dx.doi.org/10.1108/ijppm-07-2018-0278.
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Purpose The purpose of this paper is to identify variables and their effects on the value of technology transaction according to technology demand approach in Vietnam technology market, by testing the hypotheses including the effects of technology absorption capacity, internal research and development (R&D) productivity of firms and difficulties in external infrastructure on technology demand. Design/methodology/approach The technology transaction value and its impact factors are assessed using Vietnam annual enterprise survey and using technology in production survey from 2012 to 2016. The effects of factors on value of technology transaction are determined by using feasible generalized least squares model. Findings The results indicate three main points. First, companies having higher technology absorption capacity and higher dominance in the domestic or foreign markets tend to acquire higher technology demand in the technology market. Second, companies having lower internal R&D productivity tend to require higher external technology demand. Finally, higher level of difficulty from external infrastructure prevents enterprises in accessing technology demand. Research limitations/implications The main limitation of the study is that data of firm’s R&D productivity are not available. The study also does not mention information flows from competitors that perhaps have potentially significant impacts on external technology demand of firms. Practical implications The paper includes policy implications for the government and industry managers to increase technology transaction value. Originality/value The focus of many previous research papers on technology transactions was generally to look at the decisive factors behind firm’s technology supply in both developed and developing countries. However, knowledge about firm’s technology demand is very limited, particularly in the context of developing countries. This paper clarifies the effect of factors on the decision buying external technology for innovation purpose and productivity improvement in Vietnamese manufacturing sector.
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Ngo, Thuyen. "Research on the Applications of Blockchain Technology Within Tourism Industry Ii Vietnam: Proposed Model in Phu Quoc Island." International Conference on Tourism Research 15, no. 1 (May 13, 2022): 520–28. http://dx.doi.org/10.34190/ictr.15.1.266.
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In recent years, blockchain technology has garnered interest from a diverse range of industries and areas, mostly due to its enormous possibilities for transforming the way data is stored and utilized, enhancing security and transparency, and facilitating transactions. In light of the rapid advancement of blockchain technology and the trend toward increasing the awareness of its benefits in the tourism sector, the Vietnamese government, particularly Ministry of Culture- Sports and Tourism, has made significant efforts and played a pivotal role in trying to establish an ecosystem, facilitating blockchain technology to gradually integrate into tourism activities. This contemporary study was conducted to ascertain the level of government interest in fostering an environment conducive to the adoption of blockchain technology in Vietnam. To begin, the author collected secondary data on the number of seminars held and sanctioned by local governments in Vietnam about the use of blockchain technology in tourism since 2018. Second, fifteen tourism specialists who work in resorts, travel agencies, and tourism-related enterprises on Phu Quoc Island were chosen to collect primary data using a mix of open- and closed-ended questionnaires. The Delphi technique was used to evaluate the data collected in order to estimate the outcome of a future scenario involving the establishment of a blockchain system on Phu Quoc Island. The findings indicate that local governments are likely to be interested in expanding the legal framework for access to blockchain technology, and tourism organizations are willing to incorporate blockchain technology into their current operations if the legal framework allows for this new technology. According to the findings, there are two distinct views on which business scope should be prioritized first. For example, hotel and resort representatives prefer to integrate booking and luggage checking first, while travel agencies prefer automatic commission allocation for travel parties involved in the entire tourism procedure.
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Huang, De Chun, Quang Dung Tran, Thi Quynh Trang Nguyen, and Sajjad Nazir. "Initial Adoption vs. Institutionalization of E-Procurement in Construction Firms." International Journal of Enterprise Information Systems 10, no. 4 (October 2014): 1–21. http://dx.doi.org/10.4018/ijeis.2014100101.
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This study explores the role of government in fostering construction firms move from initial adoption to institutionalization of e-procurement in developing countries' context. It proposes the research model that consists of five external environmental constructs that are considered as factors influencing the different levels of e-procurement adoption. It uses PLS-SEM to analyze the data collected from 112 construction businesses in Vietnam in 2012. It finds that the role of government has an extremely significant influence on a decision of initial adoption of e-procurement in construction enterprises through government leadership, legal and regulatory infrastructure, information and technology infrastructure (ITI), and socio-economic and knowledge infrastructure. However, the role of government is less important to a decision of institutionalization of e-procurement when only ITI significantly influences on the decision-making. As a result, useful theoretical and practical implications are proposed.
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Cung, Nguyen Huu. "Deteminants of Tax Burden in Vietnam." Advances in Social Sciences Research Journal 7, no. 6 (July 8, 2020): 793–800. http://dx.doi.org/10.14738/assrj.76.8545.
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Taxation is an important tool for each country's government to regulate the economy, distribute income fairly and contribute largely to the state budget. Tax revenue is related to the tax burden. How to achieve tax revenue to ensure an appropriate tax burden rate for the economy and the people is a relatively difficult task for each country. The empirical method is employed on a secondary time series data set during the period 1999-2016 to determine the impact of GDP at current prices, tax revenue, index of economic freedom on tax burden in Vietnam by using a linear approach. The empirical results find that the relationship between gross domestic product and tax burden is a negative sign at 1% significant level. Tax revenue has a positive effect on tax burden at 1% significant level. Economic freedom index has a positive effect on tax burden at 1% significant level. Based on the findings, the article recommends that Vietnam continues to seek positive solutions to enhance the economic growth rate, reducing tax revenue through the transfer of some socio-economic development tasks to the private sector which may be undertaken, strongly equitizing state-owned enterprises, retaining a number of businesses with economy regulatory function and social security.
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Phan, Huy, and Marina Buyanova. "Competitive Position of Vietnamese Regions: Analysis of Results of Provincial Competitiveness Index." Regionalnaya ekonomika. Yug Rossii, no. 3 (September 2022): 78–87. http://dx.doi.org/10.15688/re.volsu.2022.3.8.
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The existence of certain conditions and elements that creates a region’s investment attractiveness is seen to be a challenging and complicated process which leads to a competitive position in respect to other regions in comparison with other ones. The study includes the analysis of the region’s economic and investment situation, and the comparison of provincial competitiveness indexes (PCI) in Vietnam from 2017 to 2021. It should supplement the methodology for regional competitiveness assessment at the involvement and business support. This allows choosing a leading region characterized by a stable and relatively high competitive position compared to the rest of the regions (like Red River Delta region). This clear spatial disparity in regional competitiveness in Vietnam may result from longterm social and economic processes (such as economic growth and investment attraction), and quality of the business environment that depends on the authorities’ ability to work (by means of PCI ranking promotion). As for the second case, the directions of strengthening the competitive position of Vietnam’s regions are expecte to be dynamics in innovation, and persistence in executing institutional reforms in “tougher” areas such as market entry costs, policy bias, transparency, time costs and labor training. The key directions for competitiveness improvement and investment attraction promotion in the short and medium term are as follows: 1) promotion of reforms and transparency of information on administrative procedures for the enterprise; 2) cost reduction of professional training and business satisfaction growth with labor quality; 3) communication strengthening and cooperation between public and private sectors; 4) operating methods renewal of the administrative system in accordance with the process of digital technology application in government management.
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Leitold, Roxana, Javier Revilla Diez, and Van Tran. "Are we expecting too much from the private sector in flood adaptation? Scenario-based field experiments with small- and medium-sized firms in Ho Chi Minh City, Vietnam." Climatic Change 163, no. 1 (October 23, 2020): 359–78. http://dx.doi.org/10.1007/s10584-020-02888-y.
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AbstractAdaptive governance approaches emphasize the crucial role of the private sector in enabling climate change adaptation. Yet, the participation of local firms is still lacking, and little is known about the conditions potentially influencing firms’ adaptation decisions and mechanisms that might encourage private sector engagement. We address this gap with an empirical analysis of the willingness of manufacturing small- and medium-sized enterprises (SMEs) to participate financially in collective flood adaptation in Ho Chi Minh City (HCMC), a hotspot of future climate change risk. Using scenario-based field experiments, we shed light on internal and external conditions that influence potential investments in collective initiatives and explain what role SMEs can play in flood adaptation. We find that direct impacts of floods, perceived self-responsibility, and strong local ties motivate firms to participate in collective adaptation, whereas government support, sufficient financial resources, and previously implemented flood protection strategies reduce the necessity to act collectively. Here, opportunity costs and the handling of other business risks play a decisive role in investment decisions. This study shows that although private sector engagement appears to be a promising approach, it is not a panacea. Collective initiatives on flood adaptation need formal guidance and should involve local business networks and partnerships to give voice to the needs and capacities of SMEs, but such initiatives should not overstretch firms’ responsibilities.
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Huynh, Da Van, Long Hai Duong, Thuy Thi Kim Truong, and Nhan Trong Nguyen. "Destination Responses to COVID-19 Waves: Is “Green Zone” Initiative a Holy Grail for Tourism Recovery?" Sustainability 14, no. 6 (March 15, 2022): 3421. http://dx.doi.org/10.3390/su14063421.
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Despite the stagnant status of the tourism industry due to the COVID-19 pandemic, the efforts to reopen the tourism destinations as green zones in Vietnam have paid off with some encouraging achievements. This inspires other green zones to consider a more adaptive approach to the ongoing pandemic crisis. However, little is known about the pandemic crisis management and tourism destination recovery. Therefore, this study selected Can Tho city as a case study to explore how a tourism destination as a green zone can recover during pandemic waves. Different methods were utilized in this study, including document analysis, field observation, and semi-structured interview. The findings generally indicate that a green zone could recover their tourism business under the impact of the COVID-19 pandemic. The findings highlight the critical relationship among key stakeholders and the leading role of the central government toward pandemic prevention and control. The early response to the crisis from the local governments was found to be decisive, and the policy-related measures facilitated the removal of potential barriers and alleviated the crisis consequences. In addition, the involvement of the tourism industry in an adaptive way has contributed to the quick recovery of the green zones’ tourism business. Importantly, the adaptive transformation from the tourism enterprises in a visionary way was found to be essential to the empowerment of their organizational resilience during the pandemic crisis. The lessons learnt from this study also bring valuable experiences for other tourism destinations and elicit a new approach to co-living with the ongoing pandemic in a sustainable way. Theoretically, this study provides a better understanding of tourism management and destination recovery during the global pandemic crisis. In addition, the research also adds many important practical implications for the tourism industry and the related stakeholders to foster tourism revitalization during and after the pandemic in a more sustainable way.
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Safari, Arsalan, and Ali Salman Saleh. "Key determinants of SMEs’ export performance: a resource-based view and contingency theory approach using potential mediators." Journal of Business & Industrial Marketing 35, no. 4 (February 20, 2020): 635–54. http://dx.doi.org/10.1108/jbim-11-2018-0324.
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Purpose Various barriers discourage small and medium-sized enterprises (SMEs) from entering or expanding their export activities in the international markets, especially SMEs in emerging markets. The purpose of this study is to look at capacity building to accelerate SMEs’ export performance. Design/methodology/approach This study draws on contingency theory and takes a resource-based and market-based view to provide a holistic understanding of the issue. This study uses primary data collected via extensive surveys from active SMEs in three main industrial regions in Vietnam to undertake confirmatory factor analysis and structural equation modeling for quantitative analysis. Findings The results confirm and show the significant effects of various determinants on firms’ export performance. These research findings have scientific contribution and significant implications by understanding the effective internal and external export drivers and mediators in an emerging market and enhancing SMEs’ export performance. Practical implications This study helps SMEs to improve their export performance by systemizing their decision-making in export activities, improving main export drivers highlighted in this study and developing required training programs for their teams. The outcomes also helps policymakers and regulators to improve the current SME ecosystem in Vietnam through training programs, improving policies, facilitating trades, providing more government assistance etc. The results of this study can be extended to other emerging markets with a similar economic structure and legal system. Originality/value Given the need for more work on export performance, this paper develops and tests a holistic conceptual framework that accounts for all aspects of export drivers, and provides a more comprehensive model for examining SMEs’ export drivers. This theoretical framework also incorporates three potential mediators (i.e. innovation strategy, export marketing strategy and business strategy) to investigate the effect of internal and external factors on export performance, highlighting the importance of the mediating effects on SMEs in achieving growth and competing in the international arena.
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Thieu, Tri Quang, Anh Khoi Hoang Le, Minh Tam Pham, Phan Nguyen Ky Phuc, and Viet Hung Tran. "A Reverse Supply Chain Model to Reduce Waste of Solar Panel in Ho Chi Minh City, Vietnam." Journal of Advanced Engineering and Computation 6, no. 2 (June 30, 2022): 136. http://dx.doi.org/10.55579/jaec.202262.354.
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The reverse supply chain (RSC) recently attracted many Vietnamese authorities, enterprises and academia owing to the rise of concern on the environment and regulations of waste process. Along with rapid development, Vietnamese manufacturing network has become tightly strained when the end-of-life (EOL) items are not taken back by their manufacturers but end up being processed disorderly in different local businesses. A distressing example is the waste of imported solar panels in Vietnam. Since the number of solar panels has grown steadily in Vietnam recently, we speculate that the network flows of EOL solar panel of Vietnam will be very large and complex in a few years. In order to help Vietnamese government establish efficiently RSC, our paper will apply the mixed-integer linear programming (MILP) and demonstrate an optimized solution for the RSC of EOL solar panel in Ho Chi Minh City. Indeed, via our collected data from current financial market of Ho Chi Minh city, our MILP shows that the optimal cost-reduction is 11219 USD, even with limited constraints of only two landfills and very few collection facilities in Ho Chi Minh city at the moment. This result of our proposed RSC demonstrates that a significant profit is definitely possible when the number of collection facilities in Ho Chi Minh city increase in the future. Also, our MILP approach is flexible for decision-makers to achieve a satisfactory solution.This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium provided the original work is properly cited.
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Huynh, Da Van, Long Hai Duong, Nhan Trong Nguyen, and Thuy Thi Kim Truong. "Tourism Vulnerability Amid the Pandemic Crisis: Impacts and Implications for Rebuilding Resilience of a Local Tourism System in Vietnam." Social Sciences 11, no. 10 (September 26, 2022): 441. http://dx.doi.org/10.3390/socsci11100441.
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Despite the devastating impact of the COVID-19 crisis on the global tourism industry, a few countries have attempted to foster their local tourism economies’ recovery by offering distinctive mechanisms which facilitate their safe tourism destinations to restart domestic tourism operations during the pandemic waves. However, there has been little research investigating how different sectors of a local tourism system, particularly in a developing country, seriously suffer from the pandemic crisis but gain encouraging revitalization from the pandemic shocks. Therefore, this study employed Can Tho city as a case study to examine the holistic impact of COVID-19 on different sectors of the local tourism industry and explore the key factors/players contributing to the resilience empowerment and adaptive recovery of the local tourism system. As such, a semi-structured interview approach was employed in this study to collect both quantitative and qualitative data. The study recruited 40 representatives of tourism-related authorities at different levels and 280 managers of different tourism sectors in the local tourism industry. The findings generally reveal the disastrous impacts of the pandemic on the local tourism industry across all tourism sectors but show an unexpected recovery of tourism businesses during the pandemic crisis. The integrated findings also highlight the pivotal role of local governments in crisis governance and destination recovery support during and after the pandemic waves. Similarly, the proactive engagement of local enterprises was found critical toward rebuilding their organizational resilience, and such adaptive transformations were essential for tourism business recovery in new normal conditions. The economic policy response and effective financial schemes were common expected measures toward the tourism industry’s recovery in the post-pandemic crisis.
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Maksymenko, A., and V. Kozak. "ASYMMETRY OF TAXATION OF TNK ACTIVITIES IN CONDITIONS OF UNEQUALITY OF ECONOMIC DEVELOPMENT." Financial and credit activity: problems of theory and practice 2, no. 37 (April 30, 2021): 105–15. http://dx.doi.org/10.18371/fcaptp.v2i37.229939.
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Abstract. The unevenness of economic development significantly dynamizes the vector orientation and clearly shows the nature of economic contradictions, which acquire their concentrated form in the asymmetry of taxation of TNCs. Research shows the relationship between corporate income tax rates and country risk ratings. It has been established that for European countries the negative relationship (positive slope) between the corporate income tax rate and the level of risk for the country prevails. The results of the study confirm the hypothesis that the greater the risk in countries, the higher the corporate income tax rate set by the government. Using econometric methods, the impact of tax legislation of countries on the activities of TNCs was analyzed and it was found that in less developed countries, the tax system to a lesser extent stimulates the business activities of TNCs. At the same time, both less developed countries (Vietnam) and highly developed countries (Japan and Germany) have great potential for improving tax policy. It is proved that in developed countries the greatest directly proportional influence on the indicative turnover of TNCs is exerted by such indicators as the level of tax burden in relation to GDP, corporate tax rate, the rate of deduction of enterprises for social security. The rate of indirect taxes has an inversely proportional effect. The most significant tax factors that determine the dynamics of profits of the respective TNCs are the level of tax burden in relation to GDP. Keywords: tax burden, taxation of TNCs, tax regulation, income tax. JEL Classification H20, F23 Formulas: 0; fig.: 4; tabl.: 2; bibl.: 17.
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Paswan, Audhesh K., and Trang P. Tran. "Vietnam and Entrepreneurial Private Enterprises." Journal of Macromarketing 32, no. 1 (December 7, 2011): 18–30. http://dx.doi.org/10.1177/0276146711424159.
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This study focuses on the phenomenon of entrepreneurial private enterprises and their macromarketing implications in Vietnam—a vibrant economy transitioning from a centrally planned economy to the current system of socialist-oriented market economy. Relying on the writings on entrepreneurship and associated theoretical frameworks (including the complex adaptive system [CAS] perspective), especially in emerging economies, this study develops a framework for capturing the macromarketing implications of entrepreneurial private enterprises. Further, this study suggests that entrepreneurial private enterprises play a crucial role in the economic well-being (a key aspect of quality of life) of citizens in Vietnam; and the growth in entrepreneurial private enterprises is influenced by nonroutine actions by key stakeholders such as the government; and associated with the availability of skilled human resources.
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ABELSON, PETER. "THE OBJECTIVES OF GOVERNMENT BUSINESS ENTERPRISES." Economic Papers: A journal of applied economics and policy 8, no. 3 (September 1989): 1–12. http://dx.doi.org/10.1111/j.1759-3441.1989.tb01071.x.
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VINING, A. "PERFORMANCE MEASURES FOR GOVERNMENT BUSINESS ENTERPRISES." Economic Papers: A journal of applied economics and policy 8, no. 3 (September 1989): 13–19. http://dx.doi.org/10.1111/j.1759-3441.1989.tb01072.x.
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Huong, Dang Thi Mai, Vu Viet Ninh, Nguyen Dinh Hoan, Dinh Quang Toan, Nguyen Thi Hong Van, and Dang Thi Lan. "Factors affecting SMEs’ development in Vietnam." Accounting 8, no. 2 (2022): 161–60. http://dx.doi.org/10.5267/j.ac.2021.7.007.
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The enterprise's system, along with households and the government are the main factors in the production and consumption of the economy, which plays an extremely important role in the development of any country. Besides the large enterprises, which are often considered as the locomotives of the economy’s development, people are increasingly interested in a significant number of small and medium enterprises (SMEs) whose position and role has been confirmed through the actual economic development of many countries and economies. In Vietnam, the development of SMEs has been creating a driving force for economic growth and has become an important strategic direction in the country’s socio-economic development strategy. The article focuses on determining the factors affecting the development of small and medium-sized manufacturing enterprises in Vietnam. At the same time, the current paper evaluates factors affecting the development of these enterprises. The main factors expected to be focused on in the research include the level of production technology, government policies, raw materials, labor, management capacity, corporate social responsibility, green growth orientation, and global epidemics.
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Hieu, Pham Van. "Situation of State Management of Private Enterprises in the Market Economy in Vietnam." Business and Management Horizons 8, no. 2 (November 16, 2020): 1. http://dx.doi.org/10.5296/bmh.v8i2.17944.
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Private enterprises play an important role in the economic development of many countries in the world, including Vietnam. In particular, the state management of private enterprises in Vietnam plays an important role in the development of private enterprises in three aspects: promoting private enterprise development; ensure a fair and healthy competitive environment; state manages private enterprises according to the market principle. The state management of private enterprises in Vietnam is of special interest to the Government, which is reflected in the policies, laws, institutions, and support for the development of private enterprises. Analysis of the state management of private enterprises in the market economy in Vietnam helps assess the effectiveness of management measures while pointing out the limitations that need to be overcome so that the state management in this field will be more effective.
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Murray Goot. "Labor, Government Business Enterprises and Competition Policy." Labour History, no. 98 (2010): 77. http://dx.doi.org/10.5263/labourhistory.98.1.77.
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Kakovkina, Olha, and Yehor Kachur. "Great connections of a small town: Novomoskovsk in the international economic relations of Ukraine in the 1950s – 1980s." Universum Historiae et Archeologiae 4, no. 2 (July 20, 2022): 119. http://dx.doi.org/10.15421/26210425.
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The purpose of the article is to define the place of Novomoskovsk in the international economic relations of Ukraine in the 1950s – 1980s, and main participants of these relations at the city level, directions, content and features. Research methods: historical-chronological, historical-genetic, comparative, descriptive. Main results. the article reveals the importance of Novomoskovsk, Dnipropetrovsk region, one of the small cities in the development of international economic relations of Ukraine as a part of the USSR. It is defined that the main factor that determined the place of Novomoskovsk in the international economic relations is the Novomoskovsk Pipe Plant activity. The role of the plant in these relations consisted of the production for export, business trips abroad, their admission to study and exchange experiences. The USSR, Ukraine in particular with its powerful industrial complex, played an important role in the reconstruction, formation, and development of the metallurgical industry in the countries of “people’s democracy” in Europe, Asia, countries whose governments were loyal to the USSR. The Novomoskovsk Pipe Plant and its employees contributed to the construction and operation of the first metallurgical complexes in Bulgaria and China. Since 1963, the enterprise has been one of the leaders in Ukraine and the USSR in the production of large diameter pipes for main gas and oil pipelines, which has strengthened its presence in the execution of export orders. The relations of the plant were not limited to the countries of the socialist camp, but also included countries with market economies. These relations were particularly influenced by political and ideological factors, as shown by the example of the USSR’s relations with West Germany, France and Japan. The Novomoskovsk Pipe Plant served as a base for holding international UN seminars on the training of metallurgical specialists, and its employees participated in international exhibitions, presenting the plant’s products. The course of the Cold War and international crises led to the appearance of a peculiar phenomenon of the Soviet era – the inclusion of production in propaganda campaigns, which were joined by groups of enterprises. From the side of the pipe plant, these were rallies in support (of Algeria, Cuba, Vietnam, etc.) and commitments on additional working days, increased production rates, early deadlines for implementation of plans, and the deduction of products in favor of support facilities. The importance of industrial relations for the development of the non-productive sphere is emphasized: contacts with foreigners in the city during business trips served as a window to the world, contributed to the expansion of worldview. In addition, with the help of people’s diplomacy there were formed trustworthy relationships between nations and people, which promoted the positive international image of the USSR in the best way possible. Practical significance: the results of the research can be used to form the theme of scientific research on regional, Ukrainian, world history of the second half of the 20th century implied into the practice of teaching relevant disciplines in higher education institutes, used to create / update museum exhibitions in Novomoskovsk. Scientific novelty: a significant part of published and unpublished sources on the topic of international economic relations of Novomoskovsk is generalized and processed for the first time, some of the sources are introduced into scientific circulation firstly and are interpreted considering the latest research on the history of the Cold War. Type of article: research.
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Hai, Nguyen Thanh. "Digital transformation barriers for small and medium enterprises in Vietnam today." LAPLAGE EM REVISTA 7, no. 3A (September 9, 2021): 416–26. http://dx.doi.org/10.24115/s2446-6220202173a1424p.416-426.
Full textAbstract:
This article studies the digital transformation barriers for small and medium enterprises (SMEs) in Vietnam today. To carry out the study, we conducts a survey on small and medium-sized enterprises in Vietnam, then uses the SEM model to analyze the collected data. Our research results show that three main resources (including IT, human resources and business strategy) have a positive impact on the digital transformation of SMEs; however, these factors are the barriers to the digital transformation of these enterprises. In addition, digital transformation has a positive impact on the business results of SMEs. From there, the article proposes some recommendations to small and medium enterprises, business associations and state agencies for the success of the digital transformation.
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Thi Huyen, Tram-Nguyen, Tuan-Le Anh, and Nhi-Vo Van. "Factors affecting the implementation of management accounting techniques in medium-sized enterprises of Vietnam." Problems and Perspectives in Management 19, no. 3 (September 23, 2021): 440–52. http://dx.doi.org/10.21511/ppm.19(3).2021.36.
Full textAbstract:
The main purpose of this paper is to find and evaluate the impact of unexpected factors and institutional factors that affect the implementation of management accounting techniques in medium-sized manufacturing enterprises of Vietnam. Mixed methods were combined in this study: specifically, qualitative research methods were used based on previous studies as well as background theory was used to build factors in the research model. The quantitative method used data based on surveying 129 small and medium business owners in Vietnam using SPSS 2020 software to test a multivariable linear regression model. The results show that there are three factors affecting the implementation of management accounting techniques in medium-sized manufacturing enterprises in Vietnam in the following order: (1) Viewpoints of business owners, (2) Advanced technology, and (3) Mimicry. Based on this research result, medium-sized manufacturing business owners, as well as macroeconomic managers, will have solutions to further develop management accounting techniques in medium-sized manufacturing enterprises of Vietnam.
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Van-Thanh, Phan, and Szilárd Podruzsik. "Enterprises in Vietnam: The Implementation of CSR." Regional and Business Studies 10, no. 1 (July 5, 2019): 1–11. http://dx.doi.org/10.33568/rbs.2331.
Full textAbstract:
Corporate social responsibility (CSR) has become a prominent issue for long-term sustainability, and several enterprises have come to recognize it as a key factor in their success. Organizations that participate in CSR activities construct purchaser trust and pass on a positive organization image. However, CSR activities, up to now, have been in general spotlight chiefly at large and multinational organizations. Under pressures from the society, large companies have integrated CSR either into their short or long-term business strategy strategy in. Similarly, in Vietnam, which is a developing country, numerous huge undertakings know that with the end goal to grow economically, enterprises must conform to ecological assurance norms, indiscrimination policy, workrights, work security, equal pay, ability to advance .the board and network 97 percent, the majority of enrolled ventures are small and medium enterprises (SMEs). The execution and use of CSR in Vietnamese SMEs confront a lot of troubles and restrictions because of constrained monetary assets, personnel, size of the companies, in most cases the owner is also the director. Therefore, the main purpose of this article is to investigate the practice of CSR in Vietnamese enterprises. Also, the article collates the recommendations given by researchers in order to strengthen and improve the implementation of CSR in Vietnam as well as gives some recommendations to help Vietnamese enterprises get success in applying CSR in their sustainable business objectives. The findings of this study are important to Vietnamese enterprises and future researchers in CSRin Vietnam in particular.