Enhancing Urban Development Quality Based on the Results of Appraising Efficient Performance of Investors—A Case Study in Vietnam

Chia-Nan Wang and Han-Khanh Nguyen
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Chia-Nan Wang: Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences, No. 415 Chien Kung Road, Sanmin District, Kaohsiung City 80778, Taiwan
Han-Khanh Nguyen: Department of Industrial Engineering and Management, National Kaohsiung University of Applied Sciences, No. 415 Chien Kung Road, Sanmin District, Kaohsiung City 80778, Taiwan

Sustainability, 2017, vol. 9, issue 8, 1-22

Abstract: Economic development and the overpopulation in Vietnam have led to rapid urbanization, which has posed countless difficulties and challenges to its government. In particular, creating adequate accommodation, life activities, and entertainment are extremely urgent issues. The planning and investment in industry zones, urban areas, residential districts, and amusement parks at the right time and right place contribute to social stability and economic development, and are important issues for every government—especially in Vietnam which remains a developing country with regard to rapid industrialization and modernization speed. The population density in many localities is too dense, while in others it is too thin, resulting in a state where inhabitants have no shelter, whereas many of the buildings have been abandoned. To deal with these matters, the authors used this study to assess the investment effectiveness of leading corporations in the field of investment in urban development and infrastructure investment in Vietnam. The study focused on addressing the following issues: assessing the effectiveness of corporations in urban development and infrastructure investment in Vietnam and predicting the business state of the groups. Through business data of corporations from 2013–2016, the authors used a Grey system theory to forecast business situations for the period from 2017–2020. The authors also used data envelopment analysis (DEA) to evaluate the effectiveness of investments of the group from 2013–2020. The results will help corporations in creating suitable investment and business strategies with the changes of the domestic and world economy, and can be considered as a foundation for management units, for local government to create planning projects with feasible content, for long-term vision, and practical efficiency to quickly meet the needs of urban development plans.

Keywords: urban development; data envelopment analysis; infrastructure investment; grey forecasting (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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