Operational Efficiency Evaluation of Vietnam Firms in Food and Beverage

Anh Luyen Le, Ngoc Chau T. Nguyen, Anh Phuong H. Nguyen, Nhu Huyen T. Vo, Trang T. Pham and Thuy Chau L. Nguyen
Additional contact information
Anh Luyen Le: Department of Management, Ho Chi Minh City University of Law, Ho Chi Minh City, Vietnam
Ngoc Chau T. Nguyen: Department of Business Administration, FPT University, Danang City, Vietnam
Anh Phuong H. Nguyen: Department of Business Administration, FPT University, Danang City, Vietnam
Nhu Huyen T. Vo: Department of Business Administration, FPT University, Danang City, Vietnam
Trang T. Pham: Department of Business Administration, FPT University, Danang City, Vietnam
Thuy Chau L. Nguyen: Department of Business Administration, FPT University, Danang City, Vietnam

Economic Analysis Letters, 2025, vol. 4, issue 3, 10-19

Abstract: Over the past decade, Vietnam's Food and Beverage (F&B) industry has become a key driver of economic growth. Despite its importance, the industry struggles to compete with ASEAN counterparts with more advanced technologies. Therefore, improving the operational efficiency of Vietnamese F&B firms is essential for sustained economic development. This study evaluates and forecasts the operational efficiency of Vietnamese food and beverage processing companies and propose evidence-based strategies for productivity improvement. Using Data Envelopment Analysis (DEA), combined with the Malmquist Productivity Index (MPI) and Super-SBM Model, we analyse operational performance and productivity changes across 21 Vietnamese F&B firms from 2014 to 2023. Our findings reveal industry efficiency patterns, highlighting specific trends and variations in operational performance among the surveyed firms, and identifying key factors influencing these efficiencies. The study provides practical recommendations for improving under-performing firms and strengthening the global competitiveness of high-performing ones. However, as the analysis is based on data from 21 Vietnamese food and beverage processing companies, the findings may not be fully representative of the entire F&B industry in Vietnam.

Keywords: Food and Beverage Industry; Operational Efficiency Evaluation; Malmquist Productivity Index (MPI) (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.anserpress.org/journal/eal/4/3/85/pdf (application/pdf)
https://www.anserpress.org/journal/eal/4/3/85 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bba:j00004:v:4:y:2025:i:3:p:10-19:d:454

Access Statistics for this article

Economic Analysis Letters is currently edited by Ramona Wang

More articles in Economic Analysis Letters from Anser Press
Bibliographic data for series maintained by Ramona Wang ().