The impact of E-commerce on the performance of firms in Vietnam

Authors

  • Binh Thai Dang Institute for Indian and Southwest Asian Studies, Vietnam Academy of Social Sciences (VASS) http://orcid.org/0000-0003-2837-4699
  • Duong Hoang Vu Vietnam Institute of Economics, Vietnam
  • Dien Xuan Nguyen Academy of Finance
  • Chinh Hong Nguyen Academy of Finance
  • Dai Huu Phuoc Nguyen Doctoral School on Safety and Security Sciences, Óbuda University

DOI:

https://doi.org/10.7903/ijecs.2012

Keywords:

E-commerce, performance of firms, e-commerce platform, B2C, SMEs, e-commerce process, e-commerce business models, Vietnam

Abstract

Electronic commerce (E-commerce) has developed significantly with the Internet‘s support. It creates a new era of trading that removes physical barriers during transactions and brings economic profits for both sellers and buyers. Therefore, firms must take advantage of e-commerce to develop their market in the electronic world.  In this paper, using panel data from 2012 to 2018, the authors examined the impact of e-commerce on the performance of firms in Vietnam which showed significant findings on how e-commerce influences the Vietnamese firms’ performance. Firstly, e-commerce positively affects the performance of firms in Vietnam. Secondly, the impact of e-commerce on large enterprises is bigger than on small and medium-sized ones. Finally, the authors indicated the positive impacts of e-commerce on domestic firms in Vietnam however the FDI firms in Vietnam are in contrast.

Author Biographies

Binh Thai Dang, Institute for Indian and Southwest Asian Studies, Vietnam Academy of Social Sciences (VASS)

Dang Thai Binh holds a Doctoral Degree from University of Miskolc, Hungary in 2017. During his studies in Hungary, he focused on researching: credit guarantee for SMEs in
Hungary and in the world; its impact on the economy; SMEs; and the banking system. Now, he works as a researcher at Institute of Indian and Southwest Asian Studies-Vietnam Academy of Social Sciences. His main research interests include financial
economics, SMEs, economic development.

Duong Hoang Vu, Vietnam Institute of Economics, Vietnam

Vu Hoang Duong has an MSc degree in economics from Leeds University Business School and a Ph.D. degree in management and economics from Tomas Bata University in Zlin. He has been a researcher at the Tomas Bata University in Zlin and at the Vietnam Institute of Economics, Vietnam Academy of Social Sciences. His strength is quantitative studies and my major topics are foreign direct investment (FDI), poverty, and political participation.

Dien Xuan Nguyen, Academy of Finance

Dr. Nguyen Xuan Dien was born in 1974. He attained Bachelor of Finance and Banking at the University of Finance and Accounting Hanoi in 1996; and MBA at National Economics University in 2007. In 2012, he obtained Doctor degree majoring in Economics - Banking and Finance at the Academy of Finance. Currently, he is the Head of Corporate Governance Department - Faculty of Business Administration - Academy of Finance. He is an expert in the field of management and carries out in-depth research in strategic areas, corporate restructuring, and business start-ups. He also has more than 20 years of experience in researching, teaching, consulting, and managing enterprises

 

Chinh Hong Nguyen, Academy of Finance

Dr. Nguyen Hong Chinh was born in 1982. He got Doctor degree in Economics in 2017. With over 10 years of experience in teaching and consulting for many universities, organizations, and associations, he has expertise in domains such as Finance, Human Resources, and Risk Management, Business Administration, Taxation, Accounting, and Finance, Entrepreneurship, and Innovation. Besides that, he has been actively participating in academic research activities at both the university and government levels. 

Dai Huu Phuoc Nguyen, Doctoral School on Safety and Security Sciences, Óbuda University

Dr. Nguyen Huu Phuoc Dai was born in Can Tho, Vietnam, in 1985. He received BSc in Computer Science in 2008 at Can Tho University, Vietnam. He got MSc in Computer Security in 2011 at EPITA college, Paris, France. He gained a Ph.D. degree in Computer Security in 2019 at Óbuda University, Hungary. His research interests are cybersecurity strategies, cybersecurity in (autonomous vehicles, robots, drones, SCADA, ICS, critical infrastructure, etc.), e-commerce, e-learning security, and network security.

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Published

2022-01-25

Issue

Vol. 13 No. 2 (2022)

Section

Regular Articles