Email this article 
Competitive Capability of Some Typical Selected Veterinary Drug Manufacturers in Vietnam in the Context of International Economic Integration
Abstract
In the process of deeper and broader integration into the world and regional economy, Vietnamese businesses in general and veterinary drug manufacturers in particular have had advantages as well as disadvantages. Veterinary medicine manufacturers’ advantages are, such as: market expansion, access to science and technology, access to capital, improving management skills, etc. Nevertheless, it also faces many challenges and risks. During the development phase, Vietnamese veterinary medicine manufacturers have to face robust competition from regional and international competitors. Besides, meeting industry standards (such as GMP) is also a prerequisite for veterinary drug manufacturers in Vietnam to focus on implementation. This study analyzes the competitiveness of Vietnamese veterinary drug manufacturers, on that basis gives discussions, thereby proposing some recommendations in order to enhance the competitiveness of Vietnamese veterinary medicine manufacturers in the context of international economic integration.
Full Text:
PDFReferences
Ambastha, A., & Momaya, K. (2004). Competitiveness of Firms: Review of Theory, Frameworks, and Models. Singapore Management Review, 26(1), 45-61.
Ambrosini, V., & Bowman. C. (2009). What Are Dynamic Capabilities and Are They a Useful Construct in Strategic Management?. International Journal of Management Reviews. 11(1), 29-49. https://doi.org/10.1111/j.1468-2370.2008.00251.x
Bayer, S., & Gann, D. (2007). Innovation and the dynamics of capabiliti accumulation in project-based firms. Innovation: Management, Policy & Pratice, 9, 217-234. https://doi.org/10.5172/impp.2007.9.3-4.217
Bui, D. T. (2011). Improving the competitiveness of Vietnam's seafood processing industry [PhD thesis, National Economics University].
Cevik, S., & Polat, S. (2010). The factors affecting the relationship between strategic options and the competence building process: An emprial examination. Research in competence – Based Management, 5, 59-77. https://doi.org/10.1108/S1744-2117(2010)0000005006
D’Cruz, J. (1992). New Compacts for Canadian Competitiveness. DIANE Publishing.
David, J. C. (1994). Research Note: How Valuable Are Organizational Capabilities?. Strategic Management Journal, 15(S1), 143-152. https://doi.org/10.1002/smj.4250150910
Eisenhardt, K. M., & Martin, J. A. (2000). Dynamic Capabilities What Are They?. Strategic Management Journal, 21, 1105-1121. https://doi.org/10.1002/1097-0266(200010/11)21:10/11<1105::AID-SMJ133>3.0.CO;2-E
Ellonen, H. K., Wikstrom, P., Jantunen, A. (2009). Linking dynamic-capability portfolios and innovation outcomes. Technovation, 29(11), 753-762. https://doi.org/10.1016/j.technovation.2009.04.005
Ho, C. K. (2005). Corporate Governance and Corporate Competitiveness: an international analysis. Corporate Governance An International Review, 13(2), 211-253. https://doi.org/10.1111/j.1467-8683.2005.00419.x
Hoang, N. K. (2016). Improving competitiveness of Vietnamese commercial banks, [PhD thesis, University of Commerce].
Inan, G. G., & Bititci, U. S. (2015). Understanding Organizational Capabilities and Dynamic Capabilities in the Context of Micro Enterprises: A Research Agenda. Procedia - Social and Behavioral Sciences, 210, 310-319. https://doi.org/10.1016/j.sbspro.2015.11.371
Leonard, D. S., Bowman, V. D., Ready, D. F., Pak, W. L. (1992). Degeneration of photoreceptors in rhodopsin mutants of Drosophila. J. Neurobiol, 23(6), 605--626. https://doi.org/10.1002/neu.480230602
Ministry of Agriculture and Rural Development of Vietnam. (2011). http://agro.gov.vn/vn/tID22549_Doanh-nghiep-thuoc-thu-y-gap-kho-ve-von.html
Navetco Central Veterinary Medicine Joint Stock Company. (2018). Naveco Financial Statements
Ngo, T. T. (2016). Trading in veterinary drugs under the Veterinary Law 2015 [Master Thesis, Academy of Social Sciences, Vietnam Academy of Social Sciences].
Nguyen, H. (2017). GMP standard veterinary medicine: The race is just getting started. http://nhachannuoi.vn/thuoc-thu-y-chuan-gmp-cuoc-dua-moi-chi-bat-dau/
Nguyen. D. T., & Nguyen, T. M. T. (2009). A number of factors that create business dynamics and solutions to nurture. Dynamic competitiveness of the business. Ho Chi Minh City.
Nguyen. P. N. (2016). Enhancing dynamic competitiveness of businesses: Research in the tourism field. Journal of Economy & Development, 225(2), 99–107
Pham, T. H. (2017), Competitiveness of SMEs, research in Hanoi city [PhD thesis, University of Mining]. Geology
Porter, M. E. (1980). Competitive Strategy: Techniques for Analyzing Industries and Competitors, New York: Simon and Schuster.
Sanchez, R., & Heene, A. (1996). Strategic Learning and Knowledge Management. West Sussex, England: John Wiley & Sons Ltd.
Thanhnien.com. (2015). Vietnamese veterinary medicine market- Delicious piece for peope. http://www.m.gmp.com.vn/thi-truong-thuoc-thu-y-viet-mieng-ngon-nhuong-nguoi.htm
Thompson, Jr., A., Strickland III, A. J., & Gamble, J. E. (2007). Crafting & Executing Strategy (15th ed.). New York: McGraw-Hill Irwin
Vietnam Department of Animal Health (2015), Report on the management of veterinary drugs.
Vinavetco. (2018). Vinavetco financial statements.
Wang, C. L., & Ahmed, P. K. (2007) Dynamic Capabilities: A Review and Research Agenda. International Journal of Management Reviews, 9, 31-51. https://doi.org/10.1111/j.1468-2370.2007.00201.x
Zott, C. (2003). Dynamic Capabilities and the Emergence of Intraindustry Differential Firm Performance: Insights from a Simulation Study. Strategic Management Journal, 24, 97-125. http://dx.doi.org/10.1002/smj.288
DOI: https://doi.org/10.5296/ijhrs.v11i2.18365
Copyright (c) 2021 Thang Dac Pham
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
International Journal of Human Resource Studies ISSN 2162-3058
Email: ijhrs@macrothink.org
Copyright © Macrothink Institute
To make sure that you can receive messages from us, please add the 'macrothink.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.
------------------------------------------------------------------------------------------------------------------------------------------------------
