Factors Affecting the Labor Productivity of Garment Firms in Nam Dinh Province, Vietnam

Date Received: Mar 28, 2024

Date Accepted: Aug 20, 2024

Date Published: Sep 30, 2024

DOI: https://doi.org/10.31817/vjas.2024.7.3.07

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Issue: Vol. 7 No. 3 (2024): Vietnam Journal of Agricultural Sciences

Section:

ECONOMICS, SOCIETY AND RURAL DEVELOPMENT

How to Cite:

Dung, N., & Phuong, P. (2024). Factors Affecting the Labor Productivity of Garment Firms in Nam Dinh Province, Vietnam. Vietnam Journal of Agricultural Sciences, 7(3), 2251–2259. https://doi.org/10.31817/vjas.2024.7.3.07

Factors Affecting the Labor Productivity of Garment Firms in Nam Dinh Province, Vietnam

Nguyen Mau Dung (*) 1   , Phan Thi Minh Phuong 2

  • Corresponding author: Ptmphuong@uneti.edu.vn
  • 1 Faculty of Economics and Rural Development, Vietnam National University of Agriculture, Hanoi 12400, Vietnam
  • 2 Faculty of Management and Marketing, University of Economics – Technology for Industries, Hanoi 11600, Vietnam

    • Keywords

    Determinants, Garment firms, Labor productivity, Nam Dinh province

    Abstract


    Under the impacts of the 4th Industrial Revolution, garment firms in Vietnam are facing various challenges, and improvement in their labor productivity is one of the important measures to overcome these challenges. This study, therefore, investigated the determinants of the labor productivity of garment firms in Nam Dinh province. The data used for this study were extracted from the Enterprise Survey Dataset in 2021, and descriptive statistics, comparative analysis, and the Cobb-Douglas function in logarithm form were the major methods employed for the study. The study findings underscored the positive impacts of fixed assets and business management costs, average payments to employees, exporting activities, and the utilization of internet resources on labor productivity. The study revealed that firm size, gender composition, and age of firm leaders do not significantly influence labor productivity, emphasizing the complexity and industry-specific nuances of these relationships. Based on the insights gained from the study, several strategic suggestions were proposed to improve the labor productivity of garment firms in Nam Dinh province in the future.

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