Management In Vietnam Research Articles

Analysis and forecasting of the importance of smart contracts and blockchain technology in SCM in Vietnam by using DEA and Grey model

In the context of a complex and demanding business environment, blockchain and smart contracts are becoming increasingly important in supply chain management in Vietnam. The application of these technologies can help to optimize processes, create a reliable platform for tracking, managing, and forecasting supply chains, and enhance transparency and integrity. In the study of supply chain management in Vietnam, the methods applied are DEA (Data Envelopment Analysis) and the Grey forecasting model. These two methods not only focus on optimizing current processes but also create opportunities for analyzing, evaluating, and forecasting the importance of blockchain technology and smart contracts. This research topic not only raises questions about the potential for optimizing current processes, but also proposes innovative solutions to enhance transparency, integrity, and responsiveness to volatile markets. Additionally, the research aims to propose appropriate strategies for applying these new technologies to business practices in Vietnam, creating a flexible, secure, and adaptable supply chain system that is responsive to the changing business environment of the present.

Interest rate risk in banking book management at commercial banks in Vietnam

Interest rate risk is potentially averse to a commercial bank's trading book and banking book. The sharp and rapid volatility of interest rates can push commercial banks to fall into difficult situations, thus leading to instability of the whole banking system. Therefore, interest rate risk in banking book (IRRBB) management plays a vital role in banking operations. This paper analyzes the current management of IRRBB at 21 commercial banks in Vietnam by doing in-depth interviews and questionnaires. The finding indicates that the level of IRRBB management of commercial banks in Vietnam is mostly relatively completed or inadequate, with the highest levels belonging to international commercial banks and the banks that implement Basel II. Furthermore, the study also executes a simulation of IRRBB management at one commercial bank according to current regulations of the State Bank of Vietnam. Based on the selected interest rate scenarios, the capital requirement for IRRBB is calculated, which is the actual simulation for commercial banking in implementing the IRRBBB framework. Finally, to improve the effectiveness of IRRBB management in Vietnam, some implications for the State Bank of Vietnam and commercial banks are provided.

Natural resource management in Vietnam: Merging circular economy practices and financial sustainability approach

This study provides circular economy principles in natural resource management (NRM) in Vietnam when merging financial sustainability. Prior studies have neglected NRM in terms of utilizing circular economy principles (CEP) with the support of financial sustainability (FS). The main goal is to improve CEP in NRM utilizing the FS. This study employs the novel hybrid method to explore the multi-hierarchical NRM structure, address the interrelationships among CE and NRM attributes, and identify the attributes for improvement with the support of FS. This study proposes 85 criteria across 13 aspects base on the natural resource-based view. The results reveal a valid set of 20 criteria spanning six aspects. The aspects comprise operational digitalization, Fintech application and environmental strategy. The practical criteria include digital ecosystem collaborations, automation and robotics operations, compliance with environmental standards and laws, blockchain adoption, and data security. The FS is indicated as the decisive perspective for improving the CEP in NRM.

Impacts of the European Union deforestation regulation on Vietnam’s coffee supply chains

In June 2023, the European Union (EU) enacted the Regulation on Deforestation-Free Products (EUDR), which requires agricultural products to enter and leave its territory free from deforestation. The regulation applies to seven commodities: cattle, cocoa, coffee, oil palm, rubber, soya, wood, and their derivative products. The regulations apply to seven commodities: cattle, cocoa, coffee, oil palm, rubber, soya, wood, and their derivate products grown or raised on land subject to deforestation or forest degradation will be banned from entering the EU market. EUDR will have a significant impact on Vietnam’s Exports of Agricultural Products. Coffee, rubber, wood, and wood products are the main industries in Vietnam affected by this regulation, as the country exports a substantial portion of these products to EU markets. This article examines the impacts of the European Union Deforestation Regulation on Vietnam’s coffee supply chains, discusses possible unintended effects on coffee farmers and farming households, and explores strategies to mitigate these negative impacts while highlighting specific challenges that may arise. The results of this study contribute to a better understanding and management of Vietnam’s agricultural exports, particularly in the coffee sector. Additionally, the article gives some recommendations for improving Vietnam’s laws and policies on deforestation-free products.

Exploring the relationship of green HRM practices with sustainable performance: the mediating effect of green innovation

PurposeThis research has presented a paradigm model to explore the interrelationships among green human resource management practices, green innovation and sustainable performance, demonstrating its suitability within Vietnam's hospitality sector.Design/methodology/approachThe study used a mixed-method approach, detailing the collection and analysis of both qualitative and quantitative data. In-depth interviews were carried out to examine various aspects of green human resource management practices. Following this, PLS-SEM statistical techniques were applied to survey responses to test the proposed hypotheses (N = 574).FindingsThis study identified several less common green human resource management practices, such as green job descriptions and analysis, green performance management, green health and safety, green involvement and empowerment and green discipline management that enhance green innovation and sustainable performance. Notably, the study highlighted the significant impact of green discipline management on green innovation and sustainable performance in the Vietnamese context.Practical implicationsThe study emphasizes that hotel managers in Vietnam should recognize the crucial role of green innovation in effectively implementing green initiatives, as it is a key driver of sustainable performance in hotels.Originality/valueThis study developed a unique framework highlighting green innovation's mediating role. It demonstrates the relationships between green HR practices and environmental, economic and social performance, offering practical insights for hotel and business managers.

Law on environmental protection in tourist villages in the context of sustainable development of the tourism industry: A qualitative case study in Vietnam

After the Covid-19 pandemic, Vietnam's tourism industry welcomed 1.37 million international visitors. For the whole year 2023, the total number of international visitors will reach 12.6 million, nearly 3.5 times higher than in 2022, exceeding 57% of the original target (8 million) and reaching the adjusted target (12 -13 million views). In Vietnam, which a country which is undergoing economic development, this is a good sign for many workers and businesses, but it can create great pressure on environmental protection in many localities with tourist destinations. For example, as a destination attracting foreign tourists in Hoi A City, Quang Nam Province, Vietnam, the average amount of waste per day is nearly 100 tons; of which single-use plastic waste accounts for 15 - 23% (Thu Huong 2022). In order to prevent and minimize environmental pollution in tourist villages, the Goverment of Vietnam has issued many different documents such as: Decree No. 08/2022/ND-CP orienting no circulation after 2025 and using single-use plastic products and non-biodegradable plastic packaging in tourist areas and destinations; Decision No. 1316/QD-TTg Project to strengthen plastic waste management in Vietnam also points out that by 2025, 100% of tourist resorts and accommodation establishments will not use single-use plastic products and plastic bags which are so hard to decompose. In addition, the Government has also issued a set of criteria guiding environmental protection for tourism establishments and services in tourist areas and destinations, with instructions on minimizing plastic waste...However, around the issue of environmental protection in tourist villages in Vietnam, there are still problems that need to be solved. Through qualitative analysis method, the authors will analyze and propose solutions to remove regulations related to environmental protection mechanisms in tourist villages, aiming at sustainable development of the tourism industry towards a circular economy in the current period.

The impact of exogenous shocks on exchange rates in Vietnam

This paper investigates how exogenous shocks, including inflation, interest rates, energy prices, and crisis factors, are transmitted to the exchange rate and subsequently impact the economy. The transmission process is analyzed through the lens of the SBV's exchange rate management responses. Furthermore, the objective of this study is to evaluate the capacity of Vietnamese exchange rate system to sustain shocks. The article measures the effect of non-systematic shocks using a Dummy variable, where 0 represents normal conditions and 1 represents the time when shocks occur with the use of the monthly data from January 2009 to December 2022, compiled from data sources of the State Bank, GSO, IMF, and WB. The results show that the trend of exogenous shocks in the market over the past time is relatively favorable for exchange rate management in Vietnam, when the transmission reaction from market supply-demand shocks has a limited impact on the exchange rate and inflation. However, as the domestic economy and finance become more and more deeply integrated with the world, exogenous shocks may have a stronger impact. These findings have important policy implications for improving the SBV’s exchange rate management efficiency in relation to other variables to optimize the achieved target.

Potential challenges of collaborative robot implementation in Vietnamese garment manufacturing

Collaborative robots (cobots) are a new significant technology in the integration of Industry 4.0 (I4.0) and Industry 5.0 (I5.0). Working alongside humans in open environments, cobots can boost safety and productivity. However, manufacturers are facing some potential challenges in adopting cobots, such as technological challenges, social problems, cost barriers, and labor issues. Vietnam has a great potential for outsourcing in the top supply chains for many famous fashion brands globally, with thousands of textile and garment factories. The purpose of this study was to explore potential challenges of cobot implementations in the context of Vietnam’s garment factories from factory employees’ perspectives. Data were collected from 29 garment factory managers in Vietnam. Findings revealed a rapid change in fashion trends and many unskilled workers may limit cobots’ flexibility, precision, and innovation. Furthermore, cobot implementation is affected by the cost of cobots, infrastructure upgrades, and risks of possible failure in deployment. Cobot firms, application partners, technology programmers, and manufacturers need to discuss how to maximize cobots’ benefits in diverse aspects of the garment manufacturing setting. These insights could boost the industry’s economy and sustainability.

Legal Framework on Noise Pollution Management on SDG: Aqualitative Case Study in Vietnam

Context: Noise pollution is understood as sound exceeding a certain threshold, causing negative effects on human health and well-being. There are various causes of noise pollution, such as machinery used in production processes, construction activities, traffic, commercial establishments, and household activities. However, in Vietnam, behaviors contributing to noise pollution share the common characteristic of being easily detectable but challenging to address and terminate due to enforcement difficulties. Research Methods: In this article, to clarify the research issues, the following specific research methods were used: (1) Qualitative Research methods, (2) Exploratory research method; (3) Inductive and deductive methods; Statistical and synthetic methods; (4) Comparative method (Nguyen Thanh Phuong & Tran Thanh Khoe 2023). Findings: The study has identified several shortcomings, including the lack of consistency in regulations related to noise management in Vietnam, such as (1) Competent authorities for handling; (2) Forms of handling; and (3) Processing procedures. Based on the analysis, the authors also propose some useful solutions to address the issue of noise pollution. Conclusion: From the research results, noise control regulations in Vietnam have been observed have not received sufficient attention, with regulations being relatively sparse and less stringent compared to other countries worldwide. While some countries recognize the importance of noise management and have enacted separate laws directly regulating noise management issues. For instance, the United States enacted the Noise Control Act as early as 1972 with strict provisions. In 1997, China also implemented the Noise Pollution Prevention and Control Law (Huy Hoang, 2022). Based on the analysis of this paper, it can be seen that Vietnam needs to establish unified and stringent regulations regarding competent authorities for enforcement, forms of penalties, and penalty enforcement procedures concerning noise pollution. Additionally, there is a need for a specific law directly addressing this issue.

Legal Status on Hazardous Waste Management in VietNam

Legal Status on Hazardous Waste Management in VietNam

The impact of industry 4.0 on logistics and supply chain management in Vietnam

The impact of industry 4.0 on logistics and supply chain management in Vietnam

Strategic responses to uncertainty shocks and consequences: a study of sustainability-oriented exporters in an emerging country

PurposeThe COVID-19 pandemic has brought unprecedented challenges to businesses worldwide, compelling them to swiftly adapt their strategies to the evolving landscape. This study explores the relationships between uncertainty shocks (i.e. COVID-19), strategic responses, and performance outcomes, with a specific focus on general and green strategic responses.Design/methodology/approachDrawing from a sample of sustainability-oriented exporters in different industries, we examine the impact of these responses on market, financial, and operation performance by gathering data from 212 managers in Vietnam – an emerging country, and then applying PLS-SEM for analysis.FindingsOur findings reveal that sustainability-oriented exporters have exhibited adaptability by adopting general and green strategic responses in the face of the pandemic’s disruptions. Green strategic responses positively influence market, financial, and operational performance, underscoring the strategic significance of integrating sustainability considerations. However, while general strategic responses show alignment with uncertainty risks, they just impact operational performance, but do not significantly influence market and financial outcomes.Research limitations/implicationsFuture research should consider diversifying the sample to encompass a wider range of firm types and geographical locations to enhance the external validity of the results. In addition, the study does not extensively explore the mechanisms that mediate or moderate the relationships between uncertainty shocks, strategic responses, and performance outcomes.Practical implicationsThe study’s implications guide practitioners toward agile responses that balance adaptability, sustainability, and performance. This study provides timely insights for sustainability-oriented firms, managers, policymakers, and researchers aiming to navigate disruptions effectively and sustainably.Originality/valueThese findings contribute to the fields of strategic management and sustainability by emphasizing the complexities of strategic responses during uncertainty shocks, and disruptions and the pivotal role of sustainability-driven strategies in enhancing performance.

Influence of Human Resource Management on Work Performance at Vietnam Higher Education Institutions

The purpose of the paper is to examine the impact of human resource management on employee performance in Vietnam universities. In addition to empirically testing the hypotheses in the context of university autonomy in Vietnam, the research has attempted to further examine the achieved results and challenges for human resource management in Vietnam's higher education institutions through the variable regulating University autonomy. The findings in the research have provided empirical support for the correlation between human resource management and employee performance in higher education institutions. The author asked for the opinions of several experts on the questionnaire. Then send the test questionnaire to 10 agencies in higher education institutions. The author has adjusted the questionnaire to make it easier to understand to get the most accurate and reliable answers. The author sent the questionnaire during the period from April 2023 to June 2023, the total number of survey questionnaires distributed was 370 questionnaires, of which 350 votes are eligible for analysis.

Opioid Therapy for Cancer Pain in Vietnam: Knowledge, Attitudes, and Perceived Barriers Among Health Care Professionals, Policymakers, and Regulators.

We aimed to assess knowledge, attitudes, and perceived barriers among health care professionals (HCPs), policymakers, and regulators in Vietnam related to opioid therapy for cancer pain. We conducted a cross-sectional study in Vietnam from June to August 2022. Participants completed a questionnaire on their demographic characteristics, knowledge and attitudes toward opioid therapy, and barriers to accessing opioids for cancer pain. Two hundred seven HCPs and 15 policymakers/regulators completed the questionnaire. Poor knowledge about opioids in cancer pain was found in 63.3% of HCPs and 80.0% of policymakers/regulators. Poor knowledge was associated with a lack of training in cancer pain management or palliative care (PC; prevalence ratio [PR], 1.14 [95% CI, 1.04 to 1.24]). Negative attitudes toward opioid therapy in cancer pain were held by 64.7% of HCPs and 80.0% of policymakers/regulators. Negative attitudes were associated with the unavailability of oral morphine in the workplace (PR, 1.10 [95% CI, 1.01 to 1.20]). The most common major barriers reported were the absence of national policy on pain management and PC (34.7%), inadequate training in opioid use for cancer pain (33.8%), lockdown of health facilities during the COVID-19 pandemic (32.4%), limited opioid availability in local health facilities (32.4%), and excessively restrictive regulation of opioid dispensing in pharmacies (32.4%). This study found a knowledge deficit and negative attitudes toward opioid therapy for cancer pain among HCPs and policymakers/regulators. Improving education and training in opioid therapy is essential. Recognizing major barriers can guide strategies to enhance safe opioid accessibility for cancer pain management in Vietnam.

Linking transformational leadership and project success: Role of work engagement and project complexity

This study examines the direct, mediating, and moderating effects of Transformational Leadership (TL), Work Engagement (WE), and Project Complexity (PC) on Project Success (PS). Using survey methods and multivariate data analysis through structural equation modeling with 326 project managers in Vietnam, the results show that TL scientifically predicts PS; TL positively impacts WE; WE strongly influences PS; and the link between TL and PS is moderated by PC and mediated by WE. The results indicate that project-oriented businesses should consider TL when hiring for project management roles and offer transformational leadership training to assist project managers in becoming more exceptional. Future studies could use longitudinal research to understand better how the impact of these antecedents on project success changes over time.

SUPPLY CHAIN MANAGEMENT: A CASE OF TAN LONG TRADING AND SERVICE TECHNOLOGY COMPANY LIMITED

The supplying of raw materials and products plays an extremely vital role in meeting demands and goals of an enterprise, especially keeping a balance between product production and consumption. If a company knows how to manage its supply chain, it will help develop sustainability and easily compete with competitors, thereby rocketing profits tremendously and serving consumers wholeheartedly. Vietnamese businesses in the international market recognize the significance of the supply chain in creating competitive advantages and boosting companies’ performance. This analysis delves into the knowledge and practices of supply chain management in Vietnam, by using qualitative research methods such as observing input processes of supply chains. Also, in-depth interviews will identify key factors causing current issues in management activities of Tan Long Trading and Service Technology Company. After demonstrating the present state and ways to manage its supply chain, this research proposes some valuable reference solutions to save costs, enhance customer service and optimize profits for similar businesses in the market.

What next for marine ecosystem management in Vietnam: assessment of coastal economy, climate change, and policy implication

Vietnam is a coastal country with a coastline stretching more than 3,260 km. Marine resources are important for the development of Vietnam. In Vietnamese seas, there are about 20 typical ecosystems spreading over 1 million square kilometers in the East Sea consisting of mangrove forests, coral reefs, lagoons, seagrasses in intertidal areas and estuaries, and living species in 155,000 hectares, 1,300 square kilometers, 500 square kilometers, 16,000 hectares, and 11,000 living species, respectively. At present, the impact of climate change, socio-economic development, and environmental pollution are considered as the main causes of degradation of Vietnam’s marine ecosystems. This paper presents and discusses the pressure of socio-economic activities including industry, tourism, marine transportation and services, aquaculture and fishery on marine ecosystems. In Vietnam, compared to the early 2000s a total of 12% of coral reefs, and 48% of other coral reefs are vulnerable to degradation. So far, about 100 species of marine life in Vietnam are at risk of being threatened due to over-exploitation and fishing. The seagrass-bed ecosystem is currently being degraded with only over 5,580 ha remaining. In some areas, such as Cat Ba, Ha Long, and Quang Nam, seagrass beds have almost no chance to recover naturally due to serious impacts from tourism and aquaculture activities. From the findings, orientations that aim at effective management and protection of marine ecosystems to cope with adverse impacts of anthropogenic activities, climate change, and the pressure of socioeconomic development were proposed.

PLASTIC WASTE AND DIFFICULTIES IN MANAGEMENT IN VIETNAM

The paper has applied a number of traditional research methods to preliminarily assess plastic pollution and some difficulties in plastic waste management in Vietnam. Research results showed that plastic waste in Vietnam arises from many different sources; The total amount of plastic waste in Vietnam is 3.27 million tons/year, accounting for about 8-12% of household solid waste and about 5% of medical waste; The treatment and recycling of plastic waste is still limited, up to 90% of plastic waste is burned, buried or discharged into the environment, only about 10% of plastic waste is recycled. Although the system of legal documents on waste management is increasingly being improved, there are still many difficulties and inadequacies: there are no in-depth studies and legal regulations, standards and regulations. techniques for controlling microplastics in products and goods such as cosmetics, detergents... as well as in wastewater treatment; There are no specific legal regulations on microplastic waste management, reducing waste from single-use plastic products; Plastic waste recycling has not been officially implemented, it is still mainly carried out by private units; The application of environmental protection tax on plastic bags and the EPR mechanism still have many problems and shortcomings.To improve management efficiency, it is necessary to apply a combination of solutions from raising public awareness, completing legal documents and properly managing production sources and disposal of waste containing plastic and microplastic.

Cancer-associated Thrombosis in Vietnam: Literature Review and Expert Perspectives

Cancer-associated thrombosis (CAT) is a substantial burden and an emerging topic of great interest in Vietnam. The management of CAT is complex, with several challenges, including a high risk of bleeding and thrombosis, treatment burden, and low treatment motivation due to the short life expectancy of patients. Another challenge in CAT management is the low awareness among local physicians regarding CAT. The introduction of direct oral anticoagulants, which offer a better risk–benefit profile compared to conventional anticoagulation, has brought about a revolution in CAT management. To address these challenges, a group of 14 experts, including cardiologists and oncologists, convened in January 2023 to discuss and provide comprehensive information on CAT management in Vietnam, along with recommendations to optimize clinical outcomes. This review will encompass the available evidence in the medical literature and the expert opinions derived from the meeting.

Impact of Poverty Alleviation and Forest Land Allocation and Sustainable Forest Practices on Community Forest Management in Vietnam

Impact of Poverty Alleviation and Forest Land Allocation and Sustainable Forest Practices on Community Forest Management in Vietnam