There is much evidence that good management practice is an important factor that
positively affects firms' productivity around the world. However, little evidence on
effect of management practices on Vietnamese firms has been drawn. This paper
provides results of such a study. The quality of management activities is found to be
poor and be positively related to the turnovers of firms, the ages of firms, the numbers of employees, investment capital, and human capital. Also, management practice
scores change significantly according to the influencing factors including level of
competition, degree of decentralization, types of ownership, types of customer firms
are serving, advancement of export market, and types of product firms are selling.