The impact of training on firm performance: Case of Vietnam

Abstract

This study uses data from the Vietnam Employer survey to measure the impact of training programs on firm performance. From the survey of 196 companies, the major findings indicate that companies that implemented training in 2006 have increased sales and productivity of both manufacturing and non-manufacturing companies in 2006. However, manufacturing companies that implemented training programs after 2005 lead to an increase of 9 percent in total sales and 9.1 percent in productivity per year between 2005 and 2006 but has no statistically significant effect on 2005-2006 percent change in sales and productivity of non-manufacturing companies if these companies provided training after 2005

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