Preview

Work attitude in Vietnam

Satisfactory Essays
Open Document
Open Document
510 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Work attitude in Vietnam
Work attitudes in Vietnam

Work attitudes have become the most critical point for managers in the context that there is a shift from a planned to market economy in developing countries. This raised a question for managers about whether or not this change may affect employee attitudes about work, commitment to a company, satisfaction and willingness to work hard. In a research conducted in Vietnam, three researchers, namely, Le Ngoc Hung, Stephen Appold and Arne Kalleberg explored and clarified the issues of organizational commitment, job satisfaction and reasons affecting work attitudes in Vietnam.
To begin with, the critical reason for this survey conducted in Vietnam was that Vietnam was one of the most suitable countries for this research where employees have traditionally worked for state-owned enterprises (SOEs) but now are starting to work in economic market. Moreover, Vietnam had a potential labor workforce and nearly 80 million people were born after 1975. Thus, if the government can utilize this advantage by effective investment or attracting foreign investors, it will be a considerable competitive force. Otherwise, it might trigger to various social problems.
As the research revealed, generally speaking, Vietnamese employees expressed positive work value. In specific, older employees were more committed to their organizations and more satisfied with their jobs, while employees with more education had lower commitment and job satisfaction. They also reported more committed when they held a job that was complicated, required more teamwork or they considered their job as a central life interest. Employees who sought more independent or high income were less satisfied with their jobs. However, there are some distinctions in attitude of employees between working in SOEs and private companies as well as in regions. There was a trend that employees working in private firms were more satisfied and committed than their counterparts in SOEs. Relating to

You May Also Find These Documents Helpful

  • Good Essays

    First of all, to define the economic performance of Vietnam, I will use GDP or gross domestic product as a basic to evaluate its effectiveness. According to a research of World Bank (2012), Vietnam was ranked 42nd over 178 countries with GDP (PPP) of $320.879 billion. Meanwhile, according to IMF (2012), Vietnam was ranked 51st over 178 with nominal GDP of $141.463 billion. These statistics already show a briefly look about the economic performance of Vietnam, in which can tell that, Vietnam still has a long way to achieve its ambition of becoming a strongly developed country. However, its accomplishment is remarkable.…

    • 482 Words
    • 2 Pages
    Good Essays
  • Good Essays

    All six of the articles in this work focus on factors that contribute to work satisfaction and work motivation. Each of these articles addresses a different cultural or social context for work satisfaction. Each article was chosen because of the specific cultural contribution it adds to the larger project on work satisfaction and work motivation. The focus of the aforementioned future research is to examine the relationship between race, gender, work motivation, and job satisfaction. These articles were selected because of the range of information that they all provide and because of hope they can all play a role in shaping the future research…

    • 687 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    job satisfaction, organizational commitment and employee engagement. these attitudes have a direct influence on an individual's outcome and if these attitudes are positive, the behaviour demonsatrates high levels of motivation, commitment and citizenship behaviour. (pg 56)…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    When we consider the opportunities for foreign companies in Vietnam, we can make a list as follows, young population consist of large workforce with cheap labor cost, set-up cost and material cost, potential market which consist of competitors which are local companies with small capital and numerous economic laws and regulations have been changed to attract FDI. For consumer-product companies, the opportunities might be huge population. For the industrial-products companies, they were newly opened at that time to private sector, before joining WTO, most of industry companies were Government owned. We can also count its location as an opportunity; Vietnam is next to highly populated developing countries like China and India.…

    • 335 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Originally the “Doi Moi” Policy was to convert Vietnam into a free-market economy. But in 1990 the VCP (Vietnam Communist Party) published a new plan “The Draft Strategy for Socio-Economic Stabilization and Development up to the year 2000” that changed Vietnam’s economy, which was on its way to becoming a free market, to a Socialist-oriented market economy.…

    • 354 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Government incentives Competition & Cooperation high Neg – Legal framework & IP concerns Vietnam: Ho Chi Min Young educated workforce Connected to global economy Demand growing Investments in infrastructure Ease of Availability of capital Related & complementary firms growing  Firm structure & rivalry :…

    • 1046 Words
    • 19 Pages
    Satisfactory Essays
  • Powerful Essays

    Martin, M. F. (2011, 4 5). Congressional Research Servcie. Retrieved 6 22, 2012, from U.S.-Vietnam Economic and Trade Relations:: http://fpc.state.gov/documents/organization/161323.pdf…

    • 7695 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    External Analysis P&G

    • 1403 Words
    • 6 Pages

    * Vietnam has undergone an unstable macroeconomic situation since 2007 and it has become worse in the years of 2011 and 2012. Two of the most serious problems are bad debt rampant and poorly performing state-owned enterprises. In addition, the government has implemented strict managerial policies on business activities such as: pricing, import restrictions, limited number of business enterprises and broadcast programs, which causes difficulties for business, particularly foreign firms.…

    • 1403 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Katzell and Thompson developed in 1990 a comprehensive theoretical model of work attitudes, motivation, and performance based on a key constructs prevalent in more limited theories. The constructs were selected on the basis of their importance as shown by past researches and because of their complementarities. The framework connects the constructs causally on the basis of both logic and empirical evidence. It is expressed in the form of a path diagram suitable for empirical test. It is expected that such an integrative framework will provide a better basis for understanding and improving work attitudes, motivation, and performance than do the more limited approaches…

    • 1528 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Once the foods hygiene and safety requirements have been satisfied, other top performance dimensions such as “customer care, selling price and volume flexibility” would be chosen to determine what kind of products customers would instantly purchase from the company rather than competitors.…

    • 3756 Words
    • 13 Pages
    Good Essays
  • Powerful Essays

    References: Lai Thin, 2013, ‘Young people facing high unemployment’, May 9th, The Voice Of Vietnam, viewed on 15th July 2013, < http://english.vov.vn/Society/Young-people-facing-high-unemployment/260124.vov>…

    • 1770 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    portfolio management

    • 23426 Words
    • 124 Pages

    ABSTRACT Selection of right sets of projects is considerably critical for organizations to successfully achieve their competitive advantages and corporate strategies. Due to limited resources and dynamic changes in business environment, this kind of selection is quite challenging for organizations. Beside one hundred selection tools and techniques, academics and practitioners have studied and recommended complex selection frameworks to facilitate the selection of right projects. However, these theoretical frameworks are not applied by private corporations in Vietnam.…

    • 23426 Words
    • 124 Pages
    Satisfactory Essays
  • Powerful Essays

    Dws Fund Analysis

    • 4380 Words
    • 18 Pages

    Indembassy, 2009. Vietnam Economy: An overview. [Online] Available at: http://www.indembassy.com.vn/tabid/240/default.aspx [Accessed on 25 April 2013].…

    • 4380 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Vietnam Rapid Growth

    • 5562 Words
    • 23 Pages

    Located in Southeast Asia, Viet Nam has an area of 329,560 sq km and a population of 85 million. Viet Nam 's Gross Domestic Product (GDP) increased at an average rate of about seven per cent per year in the period of 1997-2006. This makes Viet Nam one of the fastest growing economies in the region. Industrial production remains strong and investment solid. To attain a goal of having ‘rich people, strong country and a just, democratic and civilised society’, maintaining high economic growth rate is a key task set by the Government of Viet Nam (Viet Nam Political Bureau 2004).…

    • 5562 Words
    • 23 Pages
    Powerful Essays