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Improving the Technical Efficiency of Sengcu Rice Producers through Better Financial Management and Sustainable Farming Practices in Mountainous Areas of Vietnam

Thi Lam Bui, Huu Cuong Tran, Hossein Azadi and Philippe Lebailly
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Thi Lam Bui: Economics & Rural Development, Gembloux Agro-Bio Tech, University of Liège, 5030 Gembloux, Belgium
Huu Cuong Tran: Faculty of Accounting and Business Management, Vietnam National University of Agriculture, Hanoi 100000, Vietnam
Hossein Azadi: Department of Geography, Ghent University, Ghent 9000, Belgium
Philippe Lebailly: Economics & Rural Development, Gembloux Agro-Bio Tech, University of Liège, 5030 Gembloux, Belgium

Sustainability, 2018, vol. 10, issue 7, 1-19

Abstract: This paper analyzes the impacts of financial management and farming practices on the technical efficiency of Sengcu rice growers in Laocai, a mountainous province of Vietnam. The stratified random sampling method was employed to select 170 households representing two typical ecologies, lowland and upland. The structured questionnaire was applied to collect primary data through face-to-face interviews regarding current farming practices in the 2016–2017 growing seasons and farm-specific characteristics. The importantly, the study makes recommendations for policy-makers regarding how to manage provision extension, irrigation, and credit services more effectively and for producers regarding how to better manage cash-flows and receive more benefits from public support in order to improve the effectiveness of rice production and make a livelihood while working towards sustainability.

Keywords: technical efficiency; mountain rice; agricultural credit; financial management; sustainable intensification; Laocai; Vietnam (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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