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Technical Efficiency of Industrial State-Owned Enterprises in Vietnam

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  • Quoc Ngu Vu
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    Abstract

    Measured among themselves, industrial state-owned enterprises (SOE) in Vietnam have recorded a rather high level of technical efficiency, as well as a moderate improvement in technical efficiency between the 1997 and 1998. Of the possible factors, the share of skilled workers, location in Ho�Chi�Minh City (formerly Saigon) and engagement in export activities were considered the most important in determining the technical efficiency level. Between 1997 and 1998 there was no evidence of technological progress. For the ongoing SOE reform process in Vietnam, attention should be given to improving the skills of the work force and to encouraging the export-led development strategy. Creating a competitive envir-onment and a fully developed system of market-supporting institutions is also highly needed. In addition, it is necessary to invest in new technology for industrial SOE in Vietnam. Copyright 2003 East Asian Economic Association..

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    Bibliographic Info

    Article provided by East Asian Economic Association in its journal Asian Economic Journal.

    Volume (Year): 17 (2003)
    Issue (Month): 1 (03)
    Pages: 87-101

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    Handle: RePEc:bla:asiaec:v:17:y:2003:i:1:p:87-101

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    Cited by:
    1. Wu, Zai Bin & Yeung, Godfrey & Mok, Vincent & Han, Zhaozhou, 2007. "Firm-specific knowledge and technical efficiency of watch and clock manufacturing firms in China," International Journal of Production Economics, Elsevier, vol. 107(2), pages 317-332, June.
    2. Ramstetter, Eric D. & Ngoc, Phan Minh, 2013. "Productivity, ownership, and producer concentration in transition: Further evidence from Vietnamese manufacturing," Journal of Asian Economics, Elsevier, vol. 25(C), pages 28-42.

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