November 2023

Volume 06 Issue 11 November 2023
The Effectiveness of the Management Policy in the Food Industry: The Case of Animal Feed Production Sector
1Duc Hai Nguyen, 2Hang Trinh Thi Thu
1PhD student at the University of Economics and Business, Vietnam National University
2Lecturer, University of Economics and Business, Vietnam National University
DOI : https://doi.org/10.47191/ijsshr/v6-i11-32

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ABSTRACT

Vietnam has Southeast Asia's highest animal feed output, with an annual growth rate of 10-15%. However, in addition to the potential for businesses and consumers, the situation in Vietnam demonstrates that there are still significant constraints in the administration of the animal feed industry. As a result, the current condition and variables influencing state management of the animal feed business in Vietnam are examined in this paper. Data were collected from 450 surveys and analyzed by using the SEM model and SPSS22 software. According to the findings, the three most important elements influencing State management efficiency are (i) human resources, (ii) investment, and (iii) infrastructure and equipment. Based on the findings of the study, several recommendations are made to increase the effectiveness of state management in the animal feed production business, thereby contributing to sustainable development.

KEYWORDS:

Animal feed, state management, food industry, SEM, Vietnam.

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Volume 06 Issue 11 November 2023

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