Influence of density of fixed assets on return on equity: A case study of Vietnam

Broadly speaking, telecommunication technology firms are continuing to reinforce their capacities, visions, and sustainable development for the sake of the promotion of digitalization, improvement of inner strength, and cooperation with the government and relevant agents, with a view to achieving complete digitalization and creating new opportunities for developments. The study investigates the influence of density of fixed assets (DFA) on return on equity (ROE) in the telecommunications technology firms listed on the Vietnam stock market. The study employs a set of aggregated data from 33 telecommunications technology firms listed on the Vietnam stock market. The research uses both qualitative and quantitative research methods. For the quantitative research method, the supporting tool is Stata13 software. The research results show that, the factor density of fixed assets did not influence on ROE of telecommunications technology firms listed on the Vietnam stock market. Based on the findings, some recommendations are given for density of fixed assets for improving ROE in the telecommunications technology firms listed on the Vietnam stock market.