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The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry

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  • Thi-Nham Le

    (Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences, Kaohsiung 80778, Taiwan)

  • Chia-Nan Wang

    (Department of Industrial Engineering and Management, Fortune University, Kaohsiung 83158, Taiwan)

Abstract

The impressive growth of the Vietnam textile and apparel industry has led to some concerns due to its insufficient value chain and fierce competition within the industry. Thus, performance evaluation is significant issue to estimate the values of companies over time. Firstly, the grey prediction is used to forecast future data for 20 largest enterprises in six years (2016–2021) based on actual indicators. Then, the paper uses Malmquist productivity index and its decomposition into efficiency and technical change to measure the past productivity growth. Finally, window analysis is applied to significantly detect the trends of performance in 12 years (2010–2021) from large number of inputs and outputs. The results are found that how technology changes is the determinant for productivity growth and undeveloped technology causes a huge barrier to industry. In addition, the results are illustrated that textile companies are predicted to be more stable due to the importance of supplying materials for the entire industry. This paper aims to prove in-depth analysis can be conducted through combined models and also provide some recommendations for enhancing the sustainability performance of the industry.

Suggested Citation

  • Thi-Nham Le & Chia-Nan Wang, 2017. "The Integrated Approach for Sustainable Performance Evaluation in Value Chain of Vietnam Textile and Apparel Industry," Sustainability, MDPI, vol. 9(3), pages 1-21, March.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:3:p:477-:d:93755
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    References listed on IDEAS

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    2. Chia-Nan Wang & Thi-Ly Nguyen & Thanh-Tuan Dang, 2021. "Analyzing Operational Efficiency in Real Estate Companies: An Application of GM (1,1) and DEA Malmquist Model," Mathematics, MDPI, vol. 9(3), pages 1-28, January.
    3. Ho, Tung Manh & Le, Ngoc-Thang B., 2021. "Reviewing Studies On Sustainable Supply Chain Management In Vietnam 2008-2020," OSF Preprints euvfm, Center for Open Science.
    4. Huichen Jiang & Liyan Han & Yongbin Ding & Yifan He, 2018. "Operating Efficiency Evaluation of China Listed Automotive Firms: 2012–2016," Sustainability, MDPI, vol. 10(1), pages 1-22, January.
    5. Bin Shen & Qingying Li & Ciwei Dong & Patsy Perry, 2017. "Sustainability Issues in Textile and Apparel Supply Chains," Sustainability, MDPI, vol. 9(9), pages 1-6, September.
    6. Marco Opazo-Basáez & Ferran Vendrell-Herrero & Oscar F. Bustinza, 2018. "Uncovering Productivity Gains of Digital and Green Servitization: Implications from the Automotive Industry," Sustainability, MDPI, vol. 10(5), pages 1-17, May.

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