Assess the Impact of the COVID-19 Pandemic and Propose Solutions for Sustainable Development for Textile Enterprises: An Integrated Data Envelopment Analysis-Binary Logistic Model Approach

Han-Khanh Nguyen,Mai-Nam Vu

doi:10.3390/jrfm14100465

Abstract

The COVID-19 pandemic impacted many socio-economic areas of countries around the world. It has made the production and business situations of enterprises face substantial difficulties. In this study, the authors used data envelopment analysis (DEA) models to assess the impact of the COVID-19 pandemic on Vietnam’s textile and garment enterprises. The authors have used the binary logistic model to determine the factors affecting employees’ decision to change jobs in the textile industry. The research results showed that the COVID-19 pandemic greatly affected the business performance of the textile and garment enterprises in Vietnam. Moreover, the results helped identify the factors affecting employee turnover and proposed solutions to help businesses stabilize their personnel situation and develop sustainable businesses in the post-COVID-19 era.

Highlights

Graduate Training Institute, Thu Dau Mot University, Number 6, Tran Van On Street, Phu Hoa Ward, Abstract: The COVID-19 pandemic impacted many socio-economic areas of countries around the world
Statistical results show that the export growth of the textile and garment industry in 2018 reached 16.5%; by the end of 2019, the COVID-19 pandemic caused the export growth to decrease to 8%
What factors affect the decision of employees to job- -hop in textile enterprises? What solutions are needed to recruit suitable personnel for employment positions in textile enterprises to stabilize the production and business situation? This study focuses on these issues

Summary

Introduction

Graduate Training Institute, Thu Dau Mot University, Number 6, Tran Van On Street, Phu Hoa Ward, Abstract: The COVID-19 pandemic impacted many socio-economic areas of countries around the world. It has made the production and business situations of enterprises face substantial difficulties. The export turnover of textiles and garments in the first 11 months of 2020 reached 26.73 billion USD (down 10.5% compared to 2019)

Methods

Results

Conclusion