This study aimed to assess the level of business practices of Construction material business in Phu Yen province, Viet Nam such as Human Resource Management; and whether the level Business practices of the Construction material suppliers were influenced by profile of respondents and business-related factors. The study focused on the status of the construction material suppliers with a capitalization from VND 50 million up to VND 9 billion. This is in response to the vision in the field of supplying construction materials to have in-depth assessment of the management practices and performance of the construction material suppliers to spur economic development for global competitiveness. The study made use quantitative research through the descriptive research. The subject of the study was the two hundred and eighty (280) enterprises registered in Tuy Hoa city. The primary tool in gathering the data was a structured questionnaire coupled with observation and informal interviews. The data gathered were then tabulated and analyzed thru the use of the following statistical tools: frequency and percentage, mean, One-way Analysis of Variance (ANOVA), and Multiple Regression Analysis. The findings of the study are: most of the business owners/managers are within the age bracket 41-50, majority of them are managed by males, most of them are married, and majority of them are highschool graduate. The construction material enterprises in Phu Yen province have a monthly income from VND 900 million to 990 million.
Cite this article:
Tran Thi Hoa Tam. Management Practices of Construction Material Business in Phu Yen Province, Vietnam. Asian Journal of Management. 2020;11(4):365-369. doi: 10.5958/2321-5763.2020.00056.6
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