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Human Resource Management Practices in a Transitional Economy: A Comparative Study of Enterprise Ownership Forms in Vietnam

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  • Le Chien Thang
  • Truong Quang

Abstract

This exploratory study compared human resource management (HRM) practices in four types of companies in Vietnam. It found, from a sample of 169 companies, that the adoption of HRM practices reflects the company's ownership traits. Overall, foreign-invested companies (FICs) are somewhat more developed in HRM practices than state-owned enterprises (SOEs). Conversely, local private companies, albeit more entrepreneurial, are often less receptive to adopting HRM practices than SOEs. It also revealed that transforming SOEs into equitized companies has brought about no significant changes in this regard. Together with an examination of the impact of management's perceived value of human resources (HR), union status, and company size, the study provides more insight into the variations in HRM practices and suggests some implications for initiating change in this area.

Suggested Citation

  • Le Chien Thang & Truong Quang, 2005. "Human Resource Management Practices in a Transitional Economy: A Comparative Study of Enterprise Ownership Forms in Vietnam," Asia Pacific Business Review, Taylor & Francis Journals, vol. 11(1), pages 25-47, March.
    • Handle: RePEc:taf:apbizr:v:11:y:2005:i:1:p:25-47
    DOI: 10.1080/1360238052000298362
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    References listed on IDEAS

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    1. World Bank, 2002. "Vietnam - Delivering on Its Promise : Development Report 2003," World Bank Publications - Reports 15331, The World Bank Group.
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    Cited by:

    1. 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.
    2. Yaser M. Al-Harazneh & Ismail Sila, 2021. "The Impact of E-HRM Usage on HRM Effectiveness : Highlighting the Roles of Top Management Support, HR Professionals, and Line Managers," Post-Print hal-03188227, HAL.
    3. Vu Hoang Nam & Hiep Ngoc Luu, 2022. "How Do Human Resource Management Practices Affect Innovation of Small- and Medium-sized Enterprises in a Transition Economy?," Journal of Interdisciplinary Economics, , vol. 34(2), pages 228-249, July.

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