IDENTIFYING CRITICAL SUCCESS FACTORS FOR CONSTRUCTION PARTNERING IN VIETNAM

Abstract

Partnering has been applied in the Vietnamese construction industry for several recent years, due to many new challenges emanating from the global integration and economic booming. This paper focuses on critical success factors (CSFs) for partnering in the Vietnamese construction industry. Using mean score method, this paper identifies six key CSFs for partnering in Vietnamese construction, including financial security, commitment from top management, mutual trust between parties, adequate resources, effective communication, and clear understanding about scope and objectives. Using factor analysis technique, eight underlying components for partnering in Vietnamese construction are extracted, including dedication, readiness, coordination, teamwork, sufficiency, leading, balance, and clearness. The findings could provide construction practitioners with useful information for deploying partnering in the Vietnamese construction industry and, hence, increase the chance of partnering success.