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The impact of training on firm performance: Case of Vietnam

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  • N. NGOC THANG
  • N. VAN THU
  • D. BUYENS

Abstract

This study uses data from the Vietnam Employer survey to measure the impact of training programs on firm performance. From the survey of 196 companies, the major findings indicate that companies that implemented training in 2006 have increased sales and productivity of both manufacturing and non-manufacturing companies in 2006. However, manufacturing companies that implemented training programs after 2005 lead to an increase of 9 percent in total sales and 9.1 percent in productivity per year between 2005 and 2006 but has no statistically significant effect on 2005-2006 percent change in sales and productivity of non-manufacturing companies if these companies provided training after 2005

Suggested Citation

  • N. Ngoc Thang & N. Van Thu & D. Buyens, 2008. "The impact of training on firm performance: Case of Vietnam," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 08/538, Ghent University, Faculty of Economics and Business Administration.
    • Handle: RePEc:rug:rugwps:08/538
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    File URL: http://wps-feb.ugent.be/Papers/wp_08_538.pdf
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    References listed on IDEAS

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    1. Gérard Ballot & Fathi Fakhfakh & Erol Taymaz, 2006. "Who Benefits from Training and R&D, the Firm or the Workers?," British Journal of Industrial Relations, London School of Economics, vol. 44(3), pages 473-495, September.
    2. Mark A. Loewenstein & James R. Spletzer, 1999. "General and Specific Training: Evidence and Implications," Journal of Human Resources, University of Wisconsin Press, vol. 34(4), pages 710-733.
    3. John Bishop, 1994. "The Impact of Previous Training on Productivity and Wages," NBER Chapters, in: Training and the Private Sector: International Comparisons, pages 161-200, National Bureau of Economic Research, Inc.
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    Cited by:

    1. 子, 鬼谷, 2019. "Human Resources Management Strategies of Taiwan-based Enterprises in Vietnam," OSF Preprints f2eyp, Center for Open Science.
    2. Frank Nana Kweku Otoo & Mridula Mishra, 2018. "Impact of Human Resource Management (HRM) Practices on Hotel Industry’s Performance: The Mediating role of Employee Competencies," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 9(2), pages 17-29, May.
    3. Diep Thi Ngoc Nguyen & Stephen T. T. Teo & Marcus Ho, 2018. "Development of human resource management in Vietnam: A semantic analysis," Asia Pacific Journal of Management, Springer, vol. 35(1), pages 241-284, March.
    4. Tran Van , Hoa, 2013. "Finance and Performance of Foreign Investment Enterprises in Developing Countries: The Case of Vietnam," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 8(2), pages 47-66, April.

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    Keywords

    Training; sales; productivity; firm performance.;
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