Factors affecting Effective Supervision of Payment of State-funded Projects at the State Treasury of Binh Thuan Province, Vietnam: Masters thesis of Business Administration

MEIHO UNIVERSITY

Graduate Institute of Business and Management

MASTERS THESIS

Factors affecting Effective Supervision of

Payment of State-funded Projects at the

State Treasury of Binh Thuan Province,

Vietnam

In partial fulfillment of the requirements for the degree of

Masters of Business Administration

Advisor: Dr. Ching-Wen Mo

Co-advisor: Dr. Ta Xuan Te

Graduate Student: Tran Xuan Lanh

December, 2010

I

ACKNOWLEDGMENTS

I want to say thank to the Board of Rectors of Ho Chi Minh City University of

Industry, Vietnam and Board of Rectors of Meiho University, Taiwan for giving me

opportunity of participating this MBA program. Much thanks to Associate Prof. Dr. Le

Van Tan - Vice Rector, Associate Prof. Dr. Nguyen Minh Tuan - Dean of Department of

Business Administration, Associate Prof. Dr. Vo Phuoc Tan - Dean of Postgraduate

Department, Ho Chi Minh City University of Industry, for encouragement, convenience

and advice given me during the time of study. Special thanks to Dr. Ching – Wen Mo,

Graduate Institute of Business and Management, Meiho University, and Dr. Ta Xuan Te,

Ho Chi Minh City University of Industry, for valuable instruction and advice given me

during the whole period of time of conducting this research.

Sincererily thank to professors, lecturers and staff of Postgraduate Department and

Department of Business Administration, the EMBA2 classmates at Ho Chi Minh City

University of Industry for supports given me during the past two years. I’ve learned a lot

of new knowledge and kills. A deeply thank to President of Meiho University, Prof. Dr.

Shan-Da Liu and Dr. Ron-Chuen Yeh, Chair of Graduate Institute of Business and

Management, as well as respectful professors, administrative clerks, and Taiwanese

EMBA students at Meiho University for useful guidance, warmly greetings and friendly

cares given us when we were in Taiwan. Such behaviour and emotion were very

impressive and certainly not easy to forget.

The great thanks to other closed people as my family members, my colleagues and

friends at the State Treasure of Binh Thuan province and other State Treasures for great

helps as providing information, convenient conditions, reference materials, advice and

suggestions during the time I was conducting the research; especiall for those sincere

encouragement. Thank you very much!

II

Factors affecting Effective Supervision of Payment

of State-funded Projects at the State Treasury of

Binh Thuan Province, Vietnam

ABSTRACT

Construction investment is a critical operation involving with many different

industries. Its speed of development heavily influenced the pace of social–economic

development. However, the supervision of capital construction investment in Vietnam,

generally speaking, and the supervision of capital construction investment in Binh Thuan

province, specifically speaking, seems to be ineffective with some definite disadvantages.

As consequently, a necessary solution for improving this performance has been called for

to make the supervision become more effective.

This study aims to identify factors that could affect the effectiveness of supervision

of payment of state-funded capital construction investment at the State Treasury of Binh

Thuan province in Vietnam (STBT). A questionnaire survey was conducted to collect

data from people who are knowledgeable and experienced in activities concerning

treasury field. The analyzed statistics from 68 questionnaires showed that the factors of

Plan and Mechanism of Payment, Human Resource and Information Technology, have

significant effects on the effectiveness of supervision of payment of state-funded capital

construction investment at STBT. The other factors such as Mechanism/Policy,

Managerial state agencies/consultor/tenders, Payment Mechanism, and Management of

utilisation, have a little bit of influence on the effectiveness of supervision.

Keywords: Government Budget, Construction Investment, Supervision of Payment of

State-Funded Capital Construction Investment, Owner of Project, Binh Thuan

Province, Vietnam.