tailieunhanh - A study of factors affecting the competitve capacity of “19 forestry joint stock company” in Binh Dinh province

Competitive capacity of an enterprise is a matter of business that managers are always interested in. This article aims to assess the current real competitiveness of the “19 forestry joint stock company” by analyzing the external and internal competitive factors of the company, thereby determining how strongly these factors affect the company’s competitive capacity. | JOURNAL OF SCIENCE, Hue University, Vol. 70, No 1 (2012) pp. 63-70 A STUDY OF FACTORS AFFECTING THE COMPETITVE CAPACITY OF “19 FORESTRY JOINT STOCK COMPANY” IN BINH DINH PROVINCE Tran Van Hoa1, Le Thi The Buu2 1 College of Economics, Hue University 2 Quang Trung University, Binh Dinh Abstract. Competitive capacity of an enterprise is a matter of business that managers are always interested in. This article aims to assess the current real competitiveness of the “19 forestry joint stock company” by analyzing the external and internal competitive factors of the company, thereby determining how strongly these factors affect the company’s competitive capacity. Applying the exploratory factor analysis (EFA) and multiple linear regression, the study has found 7 external factors and 5 internal factors that significantly affect the company’s competitive capacity. These findings are expected to be useful for the company in particular and for the whole sector in general to find out the appropriate strategies to improve their competitiveness. 1. Introduction The wood processing industry of Vietnam has developed sharply during the last 10 years. In fact, Vietnam has currently been ranked second (after Malaysia) in wood products exports in ASEAN [1]. At present, the demand for wood products in the World has risen rapidly with an annual growth of 8% on average. To satisfy this, the wood processing and wood products industries in many countries have changed significantly, especially those in China and in several Asian countries such as Indonesia, Thailand, Malaysia and Vietnam. They all develop quickly in terms of quality and quantity [6]. Therefore, the competition in the wood-processing sector increases more and more among domestic companies as well as between domestic and foreign companies. The “19 Forestry joint stock Company” was established in January 1990 with the name “19 Forestry Company” under the regulations of Ministry of Agriculture and Rural Development. The .