The solutions to enhance the use of management accounting in small and medium enterprises in thai nguyen province

THE SOLUTIONS TO ENHANCE THE USE OF MANAGEMENT ACCOUNTING IN SMALL AND MEDIUM ENTERPRISES IN THAI NGUYEN PROVINCE A DISSERTATION Presented to the Faculty of the Graduate Program of the College of Business and Accountancy Central Philippine University, Philippines In Collaboration with Thai Nguyen University, Vietnam In Partial Fulfillment Of the Requirements for the Degree DOCTOR OF MANAGEMENT By TRUONG THI VIET PHUONG MARCH 2017 i ACKNOWLEDGEMENTS This dissertation has been conducted in the Doctoral Program in Business Management within the framework of academic cooperation between Central Philippine University and University of Economics and Business Administration, Thai Nguyen University During the period of writing my dissertation, I have gained precious knowledge for my job as well as my scientific research work First and foremost I would like to express my sincere thanks and appreciation to my official supervisor, Assoc Prof Dr Do Anh Tai and his co-supervisor, Dr Roldan Pila Pescos for their ideas, guidance, encouragement, support and a lot of prayers all throughout the process I would like to express my gratitude to the officials who freely gave me their time for the interviews The interviews that were granted to me at the enterprises with the managers have provided their perspective for the purpose of this study I would like to express my deep gratitude to the leaders of the Business Registration Division of Thai Nguyen Provincial Department of Planning and Investment, Thai Nguyen Provincial Department of Industry and Trade, Thai Nguyen Provincial Bureau of Statistics and the leaders of the Small and Medium Enterprises (SMEs) in Thai Nguyen Province who have made favorable conditions and helped me in collecting the secondary data and information during my survey and investigation in their enterprises My thanks also go to all of my professors of the Doctor Program in Business Administration and the managers and staffs of the International Cooperation Centre for Training and Study Abroad of Thai Nguyen University of Economics and Business Administration (TUEBA) for their enthusiastic help in my research and dissertation I also would like to thank my interview partners who conducted the survey with me My thanks also extend to all of my colleagues who have encouraged me to the dissertation Last but not least, I specially would like to give my innermost thanks to my family who have always encouraged and helped me during the time of doing my dissertation Thai Nguyen, March 2017 Truong Thi Viet Phuong TABLE OF CONTENTS ACKNOWLEDGEMENTS i LIST OF TABLES ii LIST OF CHART AND FIGURES iii LIST OF ABBREVIATIONS AND ACRONYMS iv ABSTRACT v CHAPTER INTRODUCTION 1.1 Background and Rationale of the Study 1.2 Objectives 1.3 Theoretical Framework 1.3.1 Some economic theories and their application for management accounting 1.3.2 Some foundation theories relating to the research contents of the dissertation 1.4 Conceptual Framework 10 1.5 Research Hypotheses 13 1.6 The Operational Definitions 13 1.7 Scope and Limitation 15 CHAPTER REVIEW OF RELATED LITERATURE AND STUDIES 17 2.1 Overview of small and medium enterprises 17 2.1.1 Concept 17 2.1.2 Characteristics of small and medium-sized enterprises 20 2.1.3 The role of small and medium-sized enterprises 20 2.1.4 Opportunities, challenges, of the SMEs in Vietnam in the process of economic development and global integration 23 2.2 Corporate governance 27 2.2.1 Definition 27 2.2.2 The role of corporate governance 28 2.2.3 The content of corporate governance 29 2.2.4 The functions of corporate governance 29 2.3 Roles and functions of Management Accounting 32 2.4 Contents of Management Accounting 32 2.5 Management Accounting of Enterprise 33 2.5.1 Conception 33 2.5.2 Essence of Management Accounting 34 2.5.3 Methods of Management Accounting 34 2.3.3 Information of management accounting and function of enterprise management 37 2.3.4 Organizations of management accounting in enterprises 39 2.3.5 Organizing machine model of management accounting in enterprise 41 2.4 Review of previous studies 43 2.4.1 International studies 43 2.4.2 Domestic studies 45 2.5 Research gap and the author‟s research orientation 49 CHAPTER METHODOLOGY 51 3.1 Research process 51 3.2 Research method 52 3.2.1 Data collection method 52 3.2.2 Quantitative research 53 3.2.3 Analysis method, data processing method 54 3.3 Research design 55 3.3.1 Research samples 55 3.3.2 Investigation method 57 3.3.3 Design measurement scale 57 3.3.4 Design questionnaire 59 3.4 Research model and hypothese 60 3.5 Data processing method 60 CHAPTER DATA PRESENTATION, ANALYSIS AND INTERPRETATION 64 4.1 Small and medium-sized enterprises in Thai Nguyen province and current situation of management accounting 64 4.2 Descriptive statistics of respondents 65 4.3 Research Sample Description and Reliability Analysis of Scale 68 4.3.1 Survey Variable Description, Statistics and Analysis 68 4.3.2 Reliability Analysis of Scale 72 4.4 Exploratory Factor Analysis 74 4.5 Linear regression analysis and hypodissertation test 78 4.5.1 Correlation Analysis 78 4.5.2 Regression Analysis 79 4.5 Test of the difference 84 4.5.1 Independent Sample Test 84 4.5.2 One Way Anova test 84 4.6 Research and discussion result 85 CHAPTER SUMMARY, CONCLUSION AND POLICY RECOMMENDATIONS 90 5.1 Summary 90 5.2 Conclusion 104 5.3 Recommend solutions 105 5.3.1 Management support solution implication 105 5.3.2 Strategic link solution implication 106 5.3.3 Quality standard application solution implication 107 5.3.4 Labor and inventory solution implication 108 5.3.5 Strategic vision solution implication 110 5.4 Limitations of the research 113 REFERENCES 114 APPENDIX 117 ii LIST OF TABLES Table 2.1: Classification criteria of small and medium-sized enterprise in some countries 17 Table 2.2: Classification of SMEs in Korea 18 Table 2.3: Classification of SMEs in Vietnam according to Decree No 56/2009/ND-CP 19 Table 3.1: Offical measurement scale 58 Table 4.1: Personal information of the enterprises owner, the chief accountant, accounting manager or representative for enterprises in Thai Nguyen province 66 Table 4.2: Observable Variable Description and Statistics 69 Table 4.3: Test reliability of the scale 73 Table 4.4: Results of reliability calculation of scale 74 Table 4.5: Exploratory Factor Analysis (EFA) of independent variables 75 Table 4.6: Exploratory Factor Analysis (EFA) of dependent variables 76 Table 4.7: Results of Exploratory Factor Analysis 77 Table 4.8: Correlation analysis of factors affecting the use of management accounting of SMEs in Thai Nguyen 78 Table 4.9: Determination coefficient 79 Table 4.10: ANOVA variance analysis 79 Table 4.11: Multicollinearity test 80 Table 4.12: Coefficients of the regression model 82 Table 4.13: Testing result of the hypodissertation pair 83 Table 4.14: Independent Sample Test 84 Table 4.15: One Way Anova test 85 iii LIST OF CHART AND FIGURES Chart 1.1: Functions of administration 31 Diagram 2.1: The relationship between information of management accounting information and function of enterprise management 38 Diagram 2.2: Organizational machine of management accounting in enterprises 42 Figure 1.1: Analysis framework of the dissertation 12 Figure 3.1: Research process 51 Figure 3.2: Research model 60 Figure 4.1: Scatterplot graph 81 Figure 4.2: Histogram of the standardized residuals 81 iv LIST OF ABBREVIATIONS AND ACRONYMS E: Enterprise BA: Business Activity SMEs: Small and Medium Enterprises FS: Financial Statements WTO: World Trade Organization GRDP: Gross Regional Domestic Products PC: People‟s Committee MA: Management Accounting TPP: Trans-Pacific Partnership Agreement v ABSTRACT There have been a lot of studies and scientific researches on management accounting with many different topics and scopes However, all of them have focused on state-owned enterprises and big and strong economic corporations of Vietnam only, none on the SMEs The SMEs in Vietnam have its own characteristics, so effective management requires proper management accounting information This study has assessed the actual use of management accounting of the SMEs in Thai Nguyen Province, identified and analyzed the factors affecting the tendency to use management accounting in the SMEs in Thai Nguyen Province in order to propose the solutions to enhance management accounting of the SMEs in Thai Nguyen Province The author has collected 200 survey questionnaires (corresponding to 200 samples) from the SMEs in Thai Nguyen Province, among which limited liability companies account for about 45%, join-stock companies about 33%, private enterprises about 13% and the others account for the rest Surveying 200 SMEs in Thai Nguyen Province has shown that the use of management accounting in the SMEs is directly affected by five factors in the assumed model, which are Management Support (TN), Strategic Vision (TC), Strategic Link (LK), Inventory Labor (LT), Quality Standards Application (CL) and Dependent Variable of Management Accounting Use of the SMEs in Thai Nguyen Province (SD) From these findings, the dissertation has made effective measures to enhance management accounting in the SMEs of Thai Nguyen Province This will be a scientific contribution of the author in applying theories to the SMEs in Thai Nguyen Province CHAPTER INTRODUCTION 1.1 Background and Rationale of the Study In Vietnam, over the years, SMEs have developed throughout the country and they are considered the „backbone‟ of the economy Currently, along with the process of economic reform, Vietnam has been actively promoting international economic integration; especially, Vietnam has joined the World Trade Organization (WTO), a global trade organization The process of integration has a strong impact on the economy in general and businesses as well as SMEs in particular, which has set up a more favorable business environment, helping SMEs have more opportunities to develop When starting the international integration, enterprises in Vietnam in general and the small and medium-sized enterprises (SMEs) in particular face new opportunities and challenges With small production scale, difficulties in access to funding and low-level employees etc , especially SMEs are not used to applying management accounting to operation, so they are at a disadvantage when competing with large corporations and foreign corporations Under the general terms when joining the WTO and other trade organizations such as ASEAN or the signing of free trade agreement between Vietnam and the Eurasian Economic Union on May 29, 2015, Vietnam has to gradually dismantle tariff barriers so that trade becomes easier But it also means that the level of competition will become more acute (The Working Committee on the Accession to WTO of Vietnam, 2006) However, a worrying problem herein is that Vietnam‟s economy has slow reform from its inside due to the characteristics of transform from subsidized economy into socialist-oriented market economy Therefore, SMEs not only take advantage of many opportunities but also face many difficulties created by integration process Once the business environment changes according to the trend of global integration, Vietnam‟s managers must cope with a major challenge which is that they have to use new management tools in order to respond and increase competitive advantage of their businesses Therefore, more than ever SMEs have to rapidly use management accounting to help managers get the timely, appropriate and effective information to support the decision-making process However, because the market economy has been formed later than other countries in the world, teaching of management accounting in Vietnam only started in the early 1990s of the 20th century; therefore, today most of the accounting departments in SMEs in Vietnam are still unfamiliar with the use of management accounting Through the author‟s preliminary survey as well as previous researches, so far the application of management accounting to management operations in SMEs are still 141 No Name Field of Business Company 26 Vina Huu Nghi Trading Automobile retailing Limited Company (12 seats) 27 Bach Duong Limited Company 28 Anh Telecommunications Technology Co., Ltd 29 Royal International Wholesale of Trading Limited Liability computers, peripheral Company devices and software Service Wholesale of bricks, Liability tiles, stones, sand, gravel Wholesale of Vu equipment and electronic components, telecommunications II Retailing household electrical appliances, Quang Dung Investment beds, wardrobes, and Trading Limited tables, chairs and Liability Company similar furniture, electric lamps and lighting fittings Building Materials (42) Viet Bac Company Quarrying Nui Hong Coal Mine Coal mining Ferrous metals Limited Extracting Liability Company processing ores 30 Address Nguyen City, Hoang Van Thu Ward, 1/5 Luong Ngoc Quyen Street Viet Nam, Thai Nguyen Province, Thai Nguyen City, Gia Sang Ward, 10 August Revolution Street Viet Nam, Thai Nguyen Province, Thai Nguyen City, Hoang Van Thu Ward, Residential Group 8, 270/1 Bac Kan Street Viet Nam, Thai Nguyen Province, Thai Nguyen City, Quang Trung Ward, 170/13 Luong Ngoc Quyen Street Viet Nam, Thai Nguyen province, Thai Nguyen City, Hoang Van Thu Ward, 26 Luong Ngoc Quyen Street Phone Numer 02803854016 0922198886 02803601688 028036 250 321 Viet Nam, Thai Nguyen Province, Thai Nguyen City, Hoang 0942999888 Van Thu Ward, 66/22 Hoang Van Thu Street, Sao Viet Building Thai Nguyen Province, Phan Dinh Phung Ward Thai Nguyen Province, Dai Tu District, Yen Lang Commune 02803858157;Fa x02803751846 02808326155(11 9) 02803847229; and Thai Nguyen City, Phu Fax: Xa Ward 02803847097 Thai Nguyen Province, La Hien Stone & Building Exploiting and Vo Nhai District, La 02803829442 Materials Eterprise processing stones Hien Commune Mechanical Thai Nguyen City, Mechanical Company 27 02803844179 production Quan Trieu Ward Thai Nguyen City, Pho Manufacturing 02803863083; Pho Yen Engineering JSC Yen District, Bai Bong mechanical products 02803863695 Town Bac Thai Mechanical and Manufacturing Thai Nguyen Province, 02803725153; 142 No Name Field of Business Mining Factory 10 11 12 Phone Numer mechanical products Dai Tu District, Cu 02803725108 Van Commne Viet Nam, Thai Saws, wood shavings Nam Hung Trading Co Nguyen Province, and wood furniture 0983168123 Ltd Song Cong Town, producing Mo Che Ward Song Cong Diesel StateThai Nguyen Province, 02803862332; Owned Limited Liability Manufacturing steel Song Cong Town 02803862261 Company Ltd VINACONEX Brick Manufacturing tunnel Thai Nguyen Province, and Building Materials 02803763619 bricks Pho Yen District Factory Thai Nguyen Iron and Cast iron and steel Thai Steel Company Hai Thuy producing Private Enterprise Coal and processing; manufacturing Limited cement, Liability Company City, lime Phu Luong District, Co of and plaster Thai Nguyen Province, Dong Hy District, 02803856609- Quang Son Commune, 0913557312 Na Oai Hamlet Machinery Parts Limited agricultural machine Thai Nguyen Province, Liability Company parts and mechanical Pho Yen District 16 17 18 Ha Trang Private Company Tuyen Production cement, lime of and plaster Sinh Company Private lime of and plaster Thai Nguyen Iron and Production of iron, Steel Joint-stock Company steel, cast iron Tuong Phuong Company Fax: Thai Nguyen Province, Dong Hy 44/37 Chua District, Hang 02803822396 Town Production cement, 02803862483; 02803862316 products 15 02803873116 Don Hamlet Producing 14 02803833712 Thai Nguyen Province, Lung Commune, Cong building stones Trading Nguyen Cam Gia Ward Dong Phu Construction Production 13 Address Thai Nguyen Province, Thai Nguyen City, Quang Vinh 1, Quang Vinh Ward Thai Nguyen Province, Thai Nguyen City, 21 02803832236 Cam Gia Ward Private Production of iron, Thai Nguyen Province, steel, cast iron 02803844528 Thai Nguyen City, 10 02803833616 143 No Name Field of Business Address Phone Numer Cam Gia Ward 19 Thai Nguyen Cement Plant Dong Cement production Producing Hy District, Quang Son Commne 02803823235 cement, roofing sheets, tiles, 20 Construction Materials concrete Company Thai reinforcement other Nguyen City, 02803832322 and Trung Thanh Ward types (02803833166) of building materials Producing cement, roofing sheets, tiles, 21 Khanh Hoa Coal Mine concrete Phu Luong District, 02803844226; reinforcement other and Son Cam Commune types 02803744409 of building materials Production and sale Thai Nguyen Province, 22 La Hien Cement JSC of cement and Vo Nhai District, La 0280829154 building materials Hien Commune Production and sale 23 Cao Ngan Cement JSC of cement, construction powder, concrete Ferrous 24 Dung Quy Enterprise metal Private casting; wholesale of iron and steel and other metals Thai Nguyen Province, Dong Hy District, Cao 0280820376 Ngan Commune Thai Nguyen Province, Thai Nguyen City, 17 02803854101 Gia Sang Ward Thai Nguyen Province, Thai Nguyen City, Phu 25 Thai Trung Steel Rolling Production, sale and Xa Ward, Residential JSC export of steel Group August 22, 254/1 02803844438 Revolution Street Dung Khanh Trading and Coal 26 Transport Liability Company 27 Thai Nguyen mining and Thai Nguyen Province, Limited trading soil, stones, Song Cong Town, 02803861127 sand, gravel Forest Wood construction Thang Loi Ward Thai Nguyen Province, 02803820143 144 No Name Field of Business Product Company Address Phone Numer Dong Hy District, Chua Hang Town 28 Huynh Thao Company Thai Nguyen City, 11 Wood construction Hoang Van Thu Ward Dinh 29 Thien Sinh Company Wood construction Hoa 02803754309 District, Phuong Tien 02803878525 Commune Nghia 30 Duc Son Agricultural Product Development Limited Phu Luong District, Taro processing Du Town 02803874290 Liability Company 31 32 33 34 Dong Tam Forest Product Forest Processing Enterprise Enterprise 37 38 39 Thuong Commune product Thai processing Company Tam Phuc Duong Commune Forest product Phu Luong District, processing Forest Product Processing Du Town Forest product Thai processing Nguyen City, Huong Son Ward Limited Refractory Liability Company City, product Dinh Hoa Ditrict, Tan processing Vu Hoa Company Nguyen Dong Quang Ward Vinh Hung Tan Duong Forest Company 36 processing Truong Phong Transport Forest Ha Hung Construction and 35 product Dong Hy District, Hoa Dan producing Glass Flower Cooperative Long Ward enameled Thai cement tile producing Cao Ngan Brick and Tile Brick JSC 02803878508 02803874442 02803832683 Tan Thanh Ward tiles producing Chu 02803855085 brick Thai Nguyen City, Tan Long Construction Special earthenware Thai Nguyen City, Tan Materials JSC 02803820154 and City, Hoang Van Thu Ward tile Dong Hy District, Cao producing Producing Nguyen Ngan Commune 02803844255 02803752920 02803822217 cement, roofing sheets, tiles, 40 Electrical Mechanical concrete Metallurgical JSC Thai reinforcement other types building materials Nguyen and Cam Gia Ward of City, 02803834583 145 No 41 42 III Name Duc Field of Business Thang Limited Producing Liability Company Construction materials Lap Ward materials SX Dong Km2 Hy 1B 02803755159 District, Highway, 02803820156 Chua Hang Ward Business (46) Viet Phone Numer roofing Thai Nguyen City, Tan Thai Nguyen Roofing and Roofing and building Building Materials JSC Address 472 Construction Limited Construction Liability Company houses of all kinds Nam, Thai of Nguyen Province, Thai Nguyen City, Tan Lap 02803747589 Ward Thai Nguyen Province, Viet Bac Construction and Construction of Thai Nguyen City, 24 Mining Limited Liability houses of all kinds Phan Dinh Phung Company Ward Viet Nam, Thai Thanh Hung Construction Construction of Nguyen Province, Thai and Trading Co., Ltd houses of all kinds Nguyen City, 35 Phan Dinh Phung Ward Viet Nam, Thai Nguyen Province, Thinh Chung Construction Construction of Dinh Hoa District, Co., Ltd houses of all kinds Trung Luong Commune, Hong Quang Hamlet Viet Nam, Thai Architectural and Sieu Viet Design Nguyen Province, Thai engineering activities Consultation Limited Nguyen City, Dong and technical related Liability Company Quang Ward, 35A/375 consultation Hoang Van Thu Street Architectural and Viet Nam, Thai Thai Nguyen Ferrous engineering activities Nguyen Province, Thai Metal Limited Liability and technical related Nguyen City, Phu Xa Company consultation Ward Viet Nam, Thai Tan Duc Commerce and Nguyen Province, Pho Construction of Construction Limited Yen District, Dong houses of all kinds Liability Company Tien Commune, Thanh Xuan Hamlet Viet Nam, Thai Manh Thanh Trading and Wholesale of Nguyen Province, Thai Import-Export Limited materials and other Nguyen City, Liability Company building equipment Residential Group 4, 713 Gia Sang Ward Viet Nam, Thai Bac Ninh Construction Installation of Nguyen Province, Thai Limited Liability building systems Nguyen City, 15 Quan Company Trieu Ward 02803858153 02803859153 02803 878 000 02803 750 736 0916 534 078 02803847229 0912710524 02803854823 02803744985 0986144942 - 146 No 10 11 12 13 14 15 16 17 18 19 20 21 Name Field of Business Address Viet Nam, Thai Architectural and Dong Bac Geology Nguyen Province, Thai engineering activities Mineral Limited Liability Nguyen City, Tan and technical related Company Thanh Ward, Vo Ngua consultation Street Viet Nam, Thai Wholesale of Nguyen Province, Lang Hoa Limited materials and other Dong Hy District, Liability Company building equipment Residential Group 14, 201 Chua Hang Town Viet Nam, Thai Hieu Duc Investment and Wholesale of Nguyen Province, Thai Construction Limited materials and other Nguyen City, 12 Tan Liability Company building equipment Thinh Ward Viet Nam, Thai Wholesale of Thang Loi Limited Nguyen Province, materials and other Liability Company Song Cong Town, building equipment Pho Co Ward Viet Nam, Thai Wholesale of Viet Hung Limited Nguyen Province, Dai materials and other Liability Company Tu District, 11 Ha building equipment Thuong Commune Viet Nam, Thai Nguyen Province, Thanh Quang Limited Construction of Song Cong Town, Liability Company houses of all kinds Thanh Xuan Pho Co Ward Viet Nam, Thai Ngoc Tung Limited Construction of Nguyen Province, Thai Liability Company houses of all kinds Nguyen City, Gia Sang Ward Pho Yen District, Dac Pham Khanh Company Iron frame Producing Son Commune Viet Nam, Thai Nguyen Province, Thai Khang Gia Food Limited Nguyen City, Phan Premises preparation Liability Company Dinh Phung Ward, 23 Luong Ngoc Quyen Street Quoc Khanh Construction Viet Nam, Thai Investment Consultation Construction of civil Nguyen Province, Thai Limited Liability engineering projects Nguyen City, 12 Tan Company Lap Ward Viet Nam, Thai Thinh Vuong Consulting Construction of Nguyen Province, Thai Limited Liability railways and road Nguyen City, 14 Dong Company projects Quang Ward Viet Nam, Thai Song Cau Xanh Design and Nguyen Province, Thai Consulting Limited construction works Nguyen City, Tuc Liability Company consultaion Duyen Ward Phone Numer 02802211260 02803822291 0913351119 02803662082 0914946866 028037626580914667953 02803651011 02803862368 02803759529 02803547685 02803 842447 0973248999 147 No Name Field of Business 22 Quoc Dai Viet Limited Construction of civil Liability Company engineering projects 23 Tien Dat Construction and Construction of civil Trading Limited Liability engineering works Company 24 Quang Huy Construction Construction of and Trading Limited houses of all kinds Liability Company 25 HTH Construction Construction Transportation Limited Transportation Liability Company Business 26 Sy Oanh Construction and Construction of Trading Limited Liability houses of all kinds Company 27 October 10 Construction Construction of Limited Liability houses of all kinds Company 28 Khanh Hung Limited Installation Liability Company building systems 29 Truong Phat Construction Exploitation of Limited Liability stones, sand, gravel, Company clay 30 Huu Nghi Construction and Trading Limited Premises preparation Liability Company 31 Wholesale of Thai Giang Son Limited materials and other Liability Company building equipment 32 Dai Duong Construction Construction of Limited Liability houses of all kinds Company and of Address Viet Nam, Thai Nguyen, Thai Nguyen City, Residential Group 18 Trung Thanh Ward, 207 Pho Huong Street Viet Nam, Thai Nguyen Province, Thai Nguyen City, Trung Thanh Ward Viet Nam, Thai Nguyen Province, Thai Nguyen City, 28 Hoang Van Thu Ward Viet Nam, Thai Nguyen Province, Dai Tu District, Phu Xuyen Commune Viet Nam, Thai Nguyen Province, Song Cong Town, 4/630 Viet Nam, Thai Nguyen Province, Phu Luong District, On Luong Commune, Na Tun Hamlet Viet Nam, Thai Nguyen Province, Hong Tien Hamlet Viet Nam, Thai Nguyen Province, Pho Yen District, Ba Hang Town Viet Nam, Thai Nguyen Province, Thai Nguyen City, Residential Group30, Phan Dinh Phung Ward, 216 Cach Mang Thang Tam Street Viet Nam, Thai Nguyen Province, Thai Nguyen City, 10 Dong Quang Ward, 576 Luong Ngoc Quyen Street Viet Nam, Thai Nguyen Province, Pho Yen District, Dong Tien Commune, Quan Va Hamlet Phone Numer 02803831806 02803654937 02803655954 0988732111 0972161617 028035752100972275963 02803880027 02803 857 958 02803655459 020803859092020803609424 028038632660913046035 148 No 33 34 35 36 37 38 39 40 41 42 43 44 45 Name Field of Business Address Viet Nam, Thai Khai Linh Construction Construction of Nguyen Province, Thai and Trading Limited houses of all kinds Nguyen City, Tan Liability Company Thinh Ward Viet Nam, Thai Thanh Son Investment and Nguyen Province, Thai Construction of Construction Limited Nguyen City, Thinh houses of all kinds Liability Company Duc Commune, Tan Duc Hamlett Viet Nam, Thai Hoang Tung Limited Construction of Nguyen Province, Thai Liability Company public works Nguyen City, Phan Dinh Phung Ward Viet Nam, Thai Quyet Tam Commerce Construction of Nguyen Province, Thai and Construction Limited houses of all kinds Nguyen City, 15 Phan Liability Company Dinh Phung Ward Viet Nam, Thai Long Khanh Limited Installation of Nguyen Province, Thai Liability Company electrical systems Nguyen City, 48/12 Quang Trung Ward Viet Nam, Thai Tuan Dung Construction Building civil Nguyen Province, Thai and Trading Limited engineering works Nguyen City, 30 Phan Liability Company Dinh Phung Ward Viet Nam, Thai Hai Dang Commerce and Construction of Nguyen Province, Construction Limited railways and road Song Cong Town, Tan Liability Company projects Duong, Bach Quang Ward Viet Nam, Thai Thinh Vuong Counseling Construction of Nguyen Province, Thai Limited Liability railways and road Nguyen City, 14 Dong Company projects Quang Ward Hop Phat Production and Producing Song Cong Town, Trading Limited Liability construction steel Pho Co Ward Company structures Viet Nam, Thai A Chau Construction and Nguyen Province, Thai Construction of Training Limited Nguyen City, Quang houses of all kinds Liability Company Vinh Ward, 733 Duong Tu Minh Street Viet Nam, Thai Hoa Cong Nghiep Limited Construction of Nguyen Province, Thai Liability Company houses of all kinds Nguyen City, Phan Dinh Phung Ward Thao Nguyen Investment Viet Nam, Thai and Construction Construction of Nguyen Province, Thai Development Limited houses of all kinds Nguyen City, Phan Liability Company Dinh Phung Ward,55/1 Trung Duc Limited Construction of Viet Nam, Thai Liability Company of houses of all kinds Nguyen Province, Phone Numer 02803648882 02803746842 02803509787 0912149172 0912534109 02803754295 02803745737 02803 842447 02803861468 02803841179 0977906609 02803855790 0983743847 - 149 No Name Commerce, Construction and Transportation 46 IV 10 Field of Business Address Phone Numer Song Cong Town, Pho Co Ward Viet Nam, Thai Tuan Tu Commerce and Nguyen Province, Pho Construction of Construction Limited Yen District, Dong 0989717999 houses of all kinds Liability Company Tien Commune, Ray Hamlet Food and chemicals (16) Viet Nam, Pho Yen Processing milk and District, Thuan Thanh ELOVI JSC 0280866632 milk products Commune, South Pho Yen Industrial Zone Vinh Phuc Food Raising livestock, Thai Nguyen Province, Processing and Beverages producing liquid milk Pho Yen District, 02803866472 Limited Liability and products derived Thuan Thanh Company from milk Commune Thai Nguyen Province, Pho Yen District, Hoang Duc Hien Joint Processing milk and Trung Thanh 02803666651 Stock company dairy products; Commune, Thanh Tan Hamlet Distilling, rectifying and blending of Thai Nguyen Province, Loi Nguyet Limited spirits, producing Song Cong Town, 02803862532 Liability Company wine, brewing and Xuan Mieu 2, Cai Dan brewing malt, soft Ward drinks, mineral water Purchase, sale, import and export, Thai Nguyen Province, distillation, Gia Huy Private Thai Nguyen City, rectifying, blending 0902424825 Enterprise Residential Group 9, of liquors, ethylizing Trung Thanh Ward alcohol production from raw materials Phia Bac Clean Food Production of Thai Nguyen Province, Production and Processing alcohol; buying and Thai Nguyen City, 20 JSC selling wine, beer Phu Xa Ward Producing and An Phat Production and trading beverages, Thai Nguyen Province, 02803867124Export-Import Limited nutritional Phu Binh District, Kha 0989555090 Liability Company supplements and Son Commune wine of 22% alcohol Thai Nguyen Province, Production of wine, Thai Nguyen City, Tan Cuong-Hoang Binh non-alcoholic drinks, Hoang Van Thu Ward, 02803651389 JSC mineral water Hoang Binh Plaza, 3/1 Bac Kan Street, Viet Nam, Phu Luong DK Natural Product Making and brewing District, Yen Ninh Limited Liability malt, soft drinks, Commune, Dong Phu Company mineral water Hamlet MARPHANANO JSC Distilling, rectifying Viet Nam, Pho Yen 02803666681 150 No 11 12 13 14 15 Name Field of Business Address Phone Numer and blending of District, Trung Thanh spirits, brewing malt, Commune, Thanh Tan soft drinks, mineral Hamlet water Viet Nam, Thai Making and brewing Nguyen Province, malt and wholesaling Residential Group 21, Viet Mongolia JSC of household Phan Dinh Phung appliances Ward, 384 Phan Dinh Phung Street Viet Nam, Thai Nguyen Province, Thai Nguyen Beer and Brewing beer and Trung Thanh Ward, beverages JSC fermented malt 465/1 Cach Mang Thang Tam Street Viet Nam, Thai Thien Thuy Private Production of soft Nguyen Province, Enterprise drinks, mineral water Dong Quang Ward Viet Nam, Thai AT Food Private Non-alcoholic Nguyen Province, 11 Enterprise beverage production Phuc Ha Commune Viet Nam, Thai Ha Huong JSC of Trading, Production Production and Service of soft drinks, mineral water Nguyen 02803 859 969 0912 661 766 02803832152 02803732771 02806 524 003 Province, Hoang Van Thu Ward, 2803655569 14 Hoang Van Thu Street Thai 16 Nguyen Pharmaceuticals and Medical Supplies JSC V Aquaculture Viet The circulation Nam, of Nguyen medicines, cosmetics Phan Thai Province, Dinh Phung 02803854201 Ward and Agriculture (21) Viet Nam, Dai Tu 02803725319 Ha Thai Tea JSC Tea Processing District, Ha Thuong Fax Commune 02803725.232 Viet Nam, Dai Tu Quan Chu Tea JSC Tea Processing District, Quan Chu 02803622003 Town Thai Nguyen Agricultural Tea Product Processing Limited Liability Viet Tea Processing Company Thanh Thanh Tea Private Tea Processing Nam, Thai Nguyen Province, 50 02803851885 Tan Thinh Ward Viet Nam, Phu Luong 02803877759 151 No Name Field of Business Enterprise Address District, Vo Phone Numer Tranh Commune Thao Cong Company Viet Nam, Dai Tu Tea Processing District, Dai Tu Town Viet Nam, General Production and Frozen pork and milk Nguyen Service Company processing 02803824445 Thai Province, Luong Ngoc Quyen 02803855642 Street Viet Nam, Dai Tu Tin Dat Company Tea Processing District, Binh Thuan 02803824728 Commune Viet Thai Nguyen Food JSC Production of animal feed Nam, Nguyen Phan Thai Province, Dinh Phung 02803855508 Ward, 01 Minh Cau Street Animal husbandry, Bac Son Construction and poultry, aquaculture, Trading JSC animal food production Viet Nam, Song Cong Town, 218 Cach Mang 0913259255 Thang Tam Street Viet Nam, Song Cong 10 Song Cau Construction Production of animal Town, Cai Dan Ward, and Trading JSC feed Nguyen Gon 0985508388 Residential Group 11 12 Yen Binh Green Technology JSC Song Cong Thai Nguyen JSC Production and sale of animal feed, fertilizers Sale and production of animal feed and handicraft goods Viet Nam, Pho Yen District, Dong Tien Commune, Quan Va 02803764720 Hamlet Viet Nam, Song Cong Town, Mo Che Ward 02803862577 Production and sale Viet Nam, Pho Yen 13 Viet Thai Foreign Trading of animal feed and District, Phu Thuan JSC raising of livestock, Commune, Tan Ap poultry, quaculture 14 02803865869 Hamlet Thai Nguyen Husbandry Production of animal Viet Nam, Thai 02803855726 and Veterinary Supplies feed and wholesale of Nguyen Province, 152 No Name Field of Business Address JSC 15 16 17 18 19 20 21 VI agricultural and Residential Group 22, forestry materials Phan Dinh Phung Ward, 683 Luong Ngoc Quyen Street Viet Nam, Pho Yen Ngo Hoang Export-Import Production of animal District, A2 Bac Son and Trading JSC feed Town Viet Nam, Thai Thai Nguyen Tea JSC Tea processing Nguyen Province, Km5 Tan Lap Ward Viet Nam, Dinh Hoa Processing and Dinh Hoa Tea Factory District, Quan Vuong trading of tea Town Viet Nam, Dong Hy Processing and Trai Cai Tea Factory District, Minh Lap trading of tea Commune Processing and Viet Nam, Song Cong Vinh An Tea Factory trading of tea Town Processing and Viet Nam, Dai Tu Gia Thanh Tea Factory trading of tea District, Dai Tu Town Processing and Viet Nam, Dai Tu Dai Tu Tea Enterprise trading of tea District, Dai Tu Town Phone Numer 0984 996 998 02803855340 02803878475 02803720449 02803861419 02803824154 02803824238 Mineral Exploitation (22) Rural and Mountainous Viet Nam, Thai Area Development and Mining & Mineral Nguyen Province, Tan Construction Limited Processing Thinh Ward Liability Company Viet Nam, Dong Hy Bao Thang Limited Exploitation and District, Hoa Trung Liability Company processing of stone Commune Viet Nam, Thai Nguyen Province, Hung Dung Enterprise Quarrying Phan Dinh Phung Ward Viet Nam, Dinh Hoa Quyet Thang Enterprise Quarrying District, Phuong Tien Commune Viet Nam, Dong Hy Tung Hien Enterprise Quarrying District, Chua Hang Town Viet Nam, Dong Hy Dong Tam Industrial Quarrying District, Hoa Thuong Cooperative Commune La Hien Quarrying Viet Nam, Vo Nhai Quarrying Cooperative District Viet Nam, Dong Hy Quan Son Cooperative Quarrying District, Hoa Thuong Commune Viet Nam, Dong Hy Quarrying and Bao Long Enterprise District, Chua Hang construction Town 02803751482 02803823072 02803859438 02803878986 02803820730 02803875029 02803820046 153 No 10 11 12 13 14 15 16 17 18 19 20 21 22 VII Name Field of Business Address Viet Nam, Thai Nguyen Province, Mountain Mineral Mining Processing of tin Phan Dinh Phung JSC Ward, 280/1 Bac Kan Street Viet Nam, Dong Hy Quarrying and Hoa Binh Enterprise District, Chua Hang construction Town Viet Nam, Dong Hy Quarrying and Tien Dat Enterprise District, Chua Hang construction Town Viet Nam, Thai Truong Giang Limited Mining earth mineral Nguyen Province, Phu Liability Company and kaolin Xa Ward Chien Cong Industrial and Mineral exploitation, Viet Nam, Song Cong Transportation cast, iron appliances Town, Pho Co Ward Cooperative Viet Nam, Dong Hy Trai Cau Iron Ore Mining Mining of iron ore District, Trai Cau Cooperative Town Viet Nam, Dong Hy Trai Cau Handicraft Mining of iron ore District, Trai Cau Cooperative Town Viet Nam, Thai Thai Nguyen Construction Coal mining Nguyen Province, Km & Coal Mining Company 8, Highway Khanh Hoa Coal Limited Viet Nam, Phu Luong Coal extraction and Liability Company District, Son Cam hardware collection (VVMI) Commune Viet Nam, Dong Hy Quang Manh Service and Exploitation of District, Hoa Trung Trading Limited Liability stones, sand, gravel, Commune, La Thong Company clay Hamlet Viet Nam, Thai Thai Duong Investment & Mining non-ferrous Nguyen Province, Gia Development Limited metals Sang Ward, 217 Bac Lialbilty Company Nam Street Mining, stone Viet Nam, Dong Hy Chien Thang Limited processing, District, Chua Hang Liability Company mechanical Town processing Trung Nhat Bao Thang Viet Nam, Vo Nhai Processing antimony Real Industry Limited District, Truc Mai ore, copper, lead Liability Company Industrial Zone Industrial Production (18) Viet Nam, Song Cong Dang Cat Steel Rolling Rolling steel Town, October Company Revolution Street Viet Nam, Thai Duong Thanh Company Rolling steel Nguyen Province, 30 Trung Thanh Ward, Thanh Hai Company Rolling steel Viet Nam, Thai Phone Numer 02803758841 02803820210 02803822119 02803833763 0913286310 02803821226 02803744580 02803844226 0913595601 02803657669 02803820299 02803832839 02803833698 02803832581 154 No Name Field of Business Thai Nguyen Steel JointRolling stock Company Tu Ninh Steel Limited Rolling Liability Company Nhat Anh JSC Thai Nguyen Concrete Concrete and Construction JSC Producing Gia Sang Metal Limited Production of cast Liability Company iron, steel, coal Song Cong Mechanical Producing cast iron, Casting Factory alloy steel 10 Dat Phat Production and Manufacture of steel Trading Limited Liability structures Company 11 TNG Investment Trading JSC 12 Thai Nguyen Mechanical Producing cast iron Casting Factory and casting details 13 Bac Nam Cooperative 14 Quang Vinh Enterprise 15 Thai Ninh Company 16 Quang Son Limited Company 17 Hoa Trung Cast Producing JSC Mechanic Producing & Exporting Garments Mechanical Cast iron production Casting Pole foundry Casting metal Steel production foundry Cement Production Liability cement, lime plaster of and Iron Production of iron, steel, cast iron Address Nguyen Province, 523/3 Trung Thanh Ward, Viet Nam, Song Cong Town, October Revolution Street Viet Nam, Thai Nguyen Province, Tan Lap Ward, Km7, Highway Viet Nam, Thai Nguyen Province, Residential Group 1, Km13, Highway Viet Nam, Thai Nguyen Province, Tan Lap District, Industrial Zone Viet Nam, Thai Nguyen Province, Gia Sang Ward Viet Nam, Song Cong Town, Luong Chau Ward Viet Nam, Song Cong Town, Pho Co Commune Viet Nam, Thai Nguyen Province, 160 Minh Cau Street Viet Nam, Thai Nguyen Province, 187 Bac Nam Street Viet Nam, Thai Nguyen Province, Phan Dinh Phung Ward Viet Nam, Thai Nguyen Province, Quang Vinh Ward Viet Nam, Thai Nguyen Province, Luong Son Commune Viet Nam, Dong Hy District, Quang Son Commune, Dong Thu Hamlet Viet Nam, Thai Nguyen Province, Residential Group 1, Tan Long Ward, 2/420 Duong Tu Minh Street Phone Numer 02803861157 02803847907 02803845775 02803858486 02803837688 02803862866 02803860491 02803805508 02803854027 02803854456 02803744710 02803845308 02803823228 02803744055 155 No 18 Name Field of Business Quan Trieu Cement JSC Production of cement (VVMI) VIII Other Businesses( 5) Hoang Trieu Company Niha Limited Company Phone Numer Viet Nam, Dai Tu District, An Khanh 02803470600 Commune Viet Nam, Song Cong Folding doors Liability Producing Address Town, Mo Che Ward stainless steel, household-ware Viet Nam, Thai Nguyen Province, Tan Thinh Ward 02803862364 02803759683;02 803859338 Viet Nam, Song Cong Quy Thang Company Producing roll paper Town, Tan Quang 02803861265 Commune Thai Nguyen Export Paper Producing JSC Paper votive Viet Nam, Thai Nguyen Province, Tan 02803844202 Long Ward No 127, Group 22, Digital world JSC Wholesale Cach Mang Thang computers, Tam Street, Trung peripherals software and Vuong Nguyen Ward, Thai City, Thai Nguyen Province 02803752799 ... accounting use of the SMEs in Thai Nguyen province, and proposing solutions to enhance the use of management accounting use in the SMEs in Thai Nguyen province In practical term For managers in SMEs:... the tendency to use management accounting in the SMEs in Thai Nguyen Province in order to propose the solutions to enhance management accounting of the SMEs in Thai Nguyen Province The author has... Applying the research and analysis of factors affecting the tendency of management accounting us in SMEs in Thai Nguyen province in order to enhance the role of management accounting in the SMEs in