ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY
Many studies have shown that a firm’s growth depends considerably on business environment. In this study, the employment growth of SMEs in Vietnam is investigated with respect to its crucial role in the entire economy. The results of the regression analysis of fixed-effect model show that informal p...
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| Format: | Article |
| Language: | English |
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Dalat University
2018-03-01
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| Series: | Tạp chí Khoa học Đại học Đà Lạt |
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| Online Access: | http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/350 |
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| author | Nguyễn Quốc Định |
| author_facet | Nguyễn Quốc Định |
| author_sort | Nguyễn Quốc Định |
| collection | DOAJ |
| description | Many studies have shown that a firm’s growth depends considerably on business environment. In this study, the employment growth of SMEs in Vietnam is investigated with respect to its crucial role in the entire economy. The results of the regression analysis of fixed-effect model show that informal payment, low institution quality, and tax inspections are hindering the employment growth of SMEs in Vietnam while expanding the access to finance can help SMEs develop. Based on the rigorous analysis, some possible recommendations are provided: (i) Expanding application of information technology in tax administration; (ii) Reducing complicated sub-licenses and administrative procedures; (iii) Reducing business risks of firms by establishing a specific business strategy and long-term vision; and (iv) Decreasing the chances of corruption by simplifying and rationalizing the regulatory loopholes as well as increasing transparency in making laws/policies. |
| format | Article |
| id | doaj-art-8872b652ff0f4c0d92d982e8e0340b79 |
| institution | Kabale University |
| issn | 0866-787X 0866-787X |
| language | English |
| publishDate | 2018-03-01 |
| publisher | Dalat University |
| record_format | Article |
| series | Tạp chí Khoa học Đại học Đà Lạt |
| spelling | doaj-art-8872b652ff0f4c0d92d982e8e0340b792025-02-02T14:54:31ZengDalat UniversityTạp chí Khoa học Đại học Đà Lạt0866-787X0866-787X2018-03-0181405910.37569/DalatUniversity.8.1.350(2018)225ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEYNguyễn Quốc Định0The Southern Institute of Social Sciences, Vietnam Academy of Social SciencesMany studies have shown that a firm’s growth depends considerably on business environment. In this study, the employment growth of SMEs in Vietnam is investigated with respect to its crucial role in the entire economy. The results of the regression analysis of fixed-effect model show that informal payment, low institution quality, and tax inspections are hindering the employment growth of SMEs in Vietnam while expanding the access to finance can help SMEs develop. Based on the rigorous analysis, some possible recommendations are provided: (i) Expanding application of information technology in tax administration; (ii) Reducing complicated sub-licenses and administrative procedures; (iii) Reducing business risks of firms by establishing a specific business strategy and long-term vision; and (iv) Decreasing the chances of corruption by simplifying and rationalizing the regulatory loopholes as well as increasing transparency in making laws/policies.http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/350business environmentfixed-effect modelsmesvietnam enterprise survey. |
| spellingShingle | Nguyễn Quốc Định ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY Tạp chí Khoa học Đại học Đà Lạt business environment fixed-effect model smes vietnam enterprise survey. |
| title | ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY |
| title_full | ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY |
| title_fullStr | ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY |
| title_full_unstemmed | ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY |
| title_short | ASSESSMENT OF THE IMPACTS OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF VIETNAMESE SMEs: EVIDENCE FROM THE ENTERPRISE SURVEY |
| title_sort | assessment of the impacts of business environment on the development of vietnamese smes evidence from the enterprise survey |
| topic | business environment fixed-effect model smes vietnam enterprise survey. |
| url | http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/350 |
| work_keys_str_mv | AT nguyenquocđinh assessmentoftheimpactsofbusinessenvironmentonthedevelopmentofvietnamesesmesevidencefromtheenterprisesurvey |