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Improving the Technical Efficiency of Sengcu Rice Producers through Better Financial Management and Sustainable Farming Practices in Mountainous Areas of Vietnam

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  • Thi Lam Bui

    (Economics & Rural Development, Gembloux Agro-Bio Tech, University of Liège, 5030 Gembloux, Belgium
    Faculty of Accounting and Business Management, Vietnam National University of Agriculture, Hanoi 100000, Vietnam)

  • Huu Cuong Tran

    (Faculty of Accounting and Business Management, Vietnam National University of Agriculture, Hanoi 100000, Vietnam)

  • Hossein Azadi

    (Department of Geography, Ghent University, Ghent 9000, Belgium
    Faculty of Applied Economics, Department of Engineering Management, University of Antwerp, Prinsstraat 13, 2000 Antwerp, Belgium)

  • Philippe Lebailly

    (Economics & Rural Development, Gembloux Agro-Bio Tech, University of Liège, 5030 Gembloux, Belgium)

Abstract

This paper analyzes the impacts of financial management and farming practices on the technical efficiency of Sengcu rice growers in Laocai, a mountainous province of Vietnam. The stratified random sampling method was employed to select 170 households representing two typical ecologies, lowland and upland. The structured questionnaire was applied to collect primary data through face-to-face interviews regarding current farming practices in the 2016–2017 growing seasons and farm-specific characteristics. The importantly, the study makes recommendations for policy-makers regarding how to manage provision extension, irrigation, and credit services more effectively and for producers regarding how to better manage cash-flows and receive more benefits from public support in order to improve the effectiveness of rice production and make a livelihood while working towards sustainability.

Suggested Citation

  • Thi Lam Bui & Huu Cuong Tran & Hossein Azadi & Philippe Lebailly, 2018. "Improving the Technical Efficiency of Sengcu Rice Producers through Better Financial Management and Sustainable Farming Practices in Mountainous Areas of Vietnam," Sustainability, MDPI, vol. 10(7), pages 1-19, July.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:7:p:2279-:d:155685
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    References listed on IDEAS

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    Cited by:

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    2. Paul Maganga Nsimbila, 2021. "Productivity and Technical Efficiency Variability among Small-Holder Cotton Farmers in Tanzania," Journal of Public Administration and Governance, Macrothink Institute, vol. 11(2), pages 277293-2772, December.

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