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Summary of Doctoral Thesis of Economics: Employee motivation in state owned economic corporations in Vietnam

Objectives of researching the thesis topic: Providing an intensive literature.review on motives and employee motivation; on which, the thesis conducts the examination into the practical situations to propose.solutions to the improvements in Vietnam SOCs’ employee motivation neither macro-economic or micro-economic perspectives. | MINISTRY OF EDUCATION AND TRAINING MINISTRY OF PLANNING AND INVESTMENT CENTRAL INSTITUTE FOR ECONOMIC MANAGEMENT PHAN MINH DUC EMPLOYEE MOTIVATION IN STATE-OWNED ECONOMIC CORPORATIONS IN VIETNAM Major: Economic Management Code: 9 34 04 10 SUMMARY OF DOCTORAL THESIS OF ECONOMICS HA NOI – 2018 This thesis has been completed at: Central Institute for Economic Management Scientific supervisors: Dr. Vo Tri Thanh Dr. Tran Thi Thanh Hong Reviewer 1: Associate Prof.Dr. Nguyen Viet Vuong Reviewer 2: Associate Prof.Dr. Mac Van Tien Reviewer 3: Associate Prof.Dr. Bui Van Huyen This thesis shall be defended in front of the Institute-level Thesis Examination Council of Central Institute for Economic Management at on 2018 This is also stored for referencing in : - Central Institute for Economic Management library - National Library, Hanoi 1 INTRODUCTION 1. Rationale of the thesis topic The importance of human resource development to the national economic growth has been recognised widely. To fruitfully utilise that resource for the development of the entrepreneurial community, the practical management process needs to be professionally implemented in all of the management phases, including human resource planning, selecting, recruiting, motivating the employees by orienting, training, developing, performance appraising, compensating them and their career path nurturing. With the huge potential and incomparable priorities on the uses of the resources that the state-owned economic corporations (SOCs) receive from the Government, the business performance indicators have not been really satisfactory enough. Typically, having around 490,000 employees recently, the after-income-tax profits that the 8/10 of the SOCs (excluding PVN and Viettel) can generate are of merely 15,000 billion VND. Thus, as per the productivity, one employee of these 8 SOCs annually can only bring about 30,612,244 VND in average. This cannot be compared to the 2016 .