Exploring the performance and competitiveness of Vietnam port industry using DEA

Kuo, Kuo-Cheng; Lu, Wen‐Min; Le, Minh‐Hieu

doi:10.1016/j.ajsl.2020.01.002

Cited by 38 publications

(14 citation statements)

References 36 publications

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“…When comparing the results to the country's 2020 GDP, only Vietnam's GDP grew (+2.90%). Vietnam's exports accounted for a larger proportion of GDP reaching 97.3% of GDP in 2017 ( Kuo, Lu, & Le, 2020 ). In contrast, the Philippines which ranked fourth in robustness of a global trade supply chain operations, its exports accounted for nearly a third of GDP which is inadequate to ameliorate their negative GDP at −9.44.…”

Section: Discussionmentioning

confidence: 99%

A global trade supply chain vulnerability in COVID-19 pandemic: An assessment metric of risk and resilience-based efficiency of CoDEA method

Jomthanachai

Wong

Soh

et al. 2022

Research in Transportation Economics

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The COVID-19 pandemic has an adverse impact on the global trade supply chain. Countries where the economy is driven by global trade, either as exporters or importers and are faced with the problem of declining imports and exports. This is due to the interruption of the main players of the global supply chain (i.e., production, logistics and transportation sector) as well as the slow-down in consumption of overseas customers. This paper presents the development of an efficiency related metric from the Coherent Data Envelopment Analysis (CoDEA) method for assessing the vulnerability (or conversely, the robustness) levels of the supply chain system of six ASEAN countries. The results reveal that Thailand is most vulnerable to international supply chain issues indicated by its lowest efficiency score. This is due to Thailand's severe disruption of logistics and transportation systems compared with its neighboring countries. In contrast, Vietnam is the most robust because of its efficiency in the exports sector. Our research reveals that trading partners with a lower risk and the ability to rapidly recover their import volume reflect their less vulnerable supply chains. This research provides the associated strategies to establish a resilient global supply chain in spite of the COVID-19 pandemic.

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Section: Discussionmentioning

confidence: 99%

A global trade supply chain vulnerability in COVID-19 pandemic: An assessment metric of risk and resilience-based efficiency of CoDEA method

Jomthanachai

Wong

Soh

et al. 2022

Research in Transportation Economics

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“…The total container throughput can be determined by the total berth length and the total ship call per year since these two parameters have an effect on throughput. Kuo et al (2020) measured the efficiency of Vietnamese ports and predict future performance by using context-dependent data envelopment analysis and forecasting models to help decision-makers make better decisions in their strategies and investments. Duru et al (2020) proposed a comprehensive approach for port performance assessment considering dimensions such as economic, political, social and ethical.…”

Section: Relevant Literaturementioning

confidence: 99%

Analysis of operational and financial performance of ports: an integrated fuzzy DEMATEL-TOPSIS approach

Gayathri

Kamala

Gajanand

et al. 2021

BIJ

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PurposePorts handle a significant portion of international cargo, so the performance of ports plays a major role in the economic development of a country. This paper aims to study how port performance depends on various interdependent factors and how it requires a holistic approach, which accounts for all the necessary criteria that contribute to the overall efficiency and performance.Design/methodology/approachAn integrated fuzzy DEMATEL-TOPSIS approach with an objective to evaluate the operational capability and financial performance of the ports is proposed. A case study is presented with an analysis of the major South Indian ports to assess port operational performance and evaluate various financial ratios to assess financial performance.FindingsThrough a review of the literature and based on the inputs from experts, six criteria affecting the operational performance and six financial criteria were identified. The debt coverage ratios turned out to be the most important, while the liquidity ratios were the least important. The six operational criteria have almost similar importance. The final results indicate a consistent overall performance by the Ennore Port, except during one financial year.Practical implicationsThe proposed solution approach helps to identify and concentrate on the criteria that affect port performance. It will also help to evaluate and understand the dynamics involved in the performance of ports.Originality/valueThis work highlights the key measurable operational and financial criteria that affect the efficiency of ports. The integrated fuzzy DEMATEL-TOPSIS approach provides a better way to evaluate and benchmark port performance.

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“…Furthermore, the influencing factors for the competitiveness of ports are geopolitical location, port throughput, port facilities, and the port service level (Kuo et al, 2020). In addition, port ownership model (public or private), legal structure-concessionary ports or not, superstructure and, service quality are also parameters for determining port efficiency, see e.g.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The obtained results highlighted that total cost and marine transit time are instrumental in the overall performance of the ports. Kuo et al, (2020) analysed the performance of the 53 ports and terminals of Vietnam by applying the context-dependent DEA model. Mou et al, (2020) evaluated the development potential of eight representative ports in the Yangtze River Delta using Entropy-Fuzzy Analytical Hierarchy Process (EF-AHP).…”

Section: Literature Reviewmentioning

confidence: 99%

Case study on the Competitiveness Comparisons of Karachi Port with the Neighbouring Emerging Ports in Persian Gulf and Indian Ocean.

2020

NBR

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Purpose: This study evaluates competitiveness of emerging ports located in the Indian Ocean and the Persian Gulf. Traditionally, ports operational efficacy is evaluated only on basis of throughput, a case in point being the Lloyds International Port ranking. However, we do not concur with this approach and adopt a multicriteria methodology. Methodology: Three criteria - throughput, physical infrastructure, and performance are used to assess the operational efficacy of the ports. TOPSIS augmented with the “entropy weight” is used to devise weights for the chosen criteria and overall operational efficacy for each port is calculated. Results: The study revealed that infrastructure plays a critical role in the overall operational efficacy of the port. Karachi port is behind the contemporary ports in the Indian Ocean and the Persian Gulf because of its inadequate infrastructure. The results also highlighted that Jawaharlal Nehru Port ranked highest in considered ports while Port of Mundra ranked the worst. Practical Implications: The study can provide an insight to the port users about the competitive advantage amongst ports. Moreover, it also identifies the areas that can be improved for better efficiency. Originality: The research article is novel because no similar study has been conducted specifically on the ports in the Indian Ocean and the Persian Gulf.

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Exploring the performance and competitiveness of Vietnam port industry using DEA

Cited by 38 publications

References 36 publications

A global trade supply chain vulnerability in COVID-19 pandemic: An assessment metric of risk and resilience-based efficiency of CoDEA method

A global trade supply chain vulnerability in COVID-19 pandemic: An assessment metric of risk and resilience-based efficiency of CoDEA method

Analysis of operational and financial performance of ports: an integrated fuzzy DEMATEL-TOPSIS approach

Case study on the Competitiveness Comparisons of Karachi Port with the Neighbouring Emerging Ports in Persian Gulf and Indian Ocean.

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