• The Journal of Asian Finance, Economics and Business
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• v.7 no.4
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• pp.163-171
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• 2020

The study aims to examine the effects of inward every presence of foreign investment, import, and real exchange rate shocks on export performance in Vietnam. This study employs a time-series sample dataset in the period of 2009 - 2018. All data are collected from the General Statistics Office of Ministry of Planning and Investment in Vietnam, World Development Indicator and Ministry of Finance, State Bank of Vietnam. This study employs the Augmented Dickey-Fuller test and the vector error correction model with the analysis of cointegration. The results demonstrate that a higher value of import significantly accelerates export performance in the short run, but insignificantly generates in the long run. When the volume of registered foreign investment goes up, the export performance will predominantly decrease in the both short run and long run. Historically, countries worldwide are more likely to devaluate their currencies in order to support export performance. According to the study, the exchange rate volatility has an effect on the external trade in the long run but no effect in the short run. Finally, Vietnam's export performance converges on its long-run equilibrium by roughly 6.3% with the speed adjustment via a combination of import, every presence of foreign investment, and real exchange rate fluctuations.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.263-269
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• 2020

The purpose of this paper is to examine the impact of consumer price index, infrastructure, human resources, trade openness, and private credit on the attraction of foreign direct investment (FDI) in Tay Ninh province as well as to emphasize the important role of FDI in economic growth of developing areas. The research data was collected from Tay Ninh Statistical Office with 80 samples of a 20-year period from 2000 to 2019. Also, OLS regression method using Eviews software was employed to analyze the data obtained. The findings revealed that human resources, infrastructure and private credit have a positive and significant impact on FDI attraction in Tay Ninh province, while consumer price index was proven to affect FDI attraction negatively. Accordingly, competent authorities of Tay Ninh province should focus on stabilizing prices as well as implementing policies for developing local human resources and attracting high-quality personnel from foreign countries. Tay Ninh province also needs to pay more attention to information technology investment for synchronous development of infrastructure. Moreover, the State Bank of Tay Ninh branch needs to consider more credit sources to provide support packages for businesses, creating a strong basis for establishments to attract FDI for the province's economic development.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.5
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• pp.111-118
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• 2020

This paper examines the impacts of credit on income inequality in Vietnam. Though it is one of the most common measures of financial development, there is a dearth of research in this area. Unlike previous studies, the paper disaggregates the impact of each type of credit on income inequality, looking at the Gini coefficient. We employ the Generalized Method of Moment (GMM) to solve the endogenous problem. The primary data set contains a panel of 60 Provincial observations, from data collected from the General Statistics Office of Vietnam from 2002 to 2016. The empirical findings show that, while commercial credit increases income inequality, policy credit contributes to reducing income inequality in Vietnam. The results also confirm the important roles of education, institutional quality and foreign direct investment in fighting against income inequality in Vietnam. However, the paper does not provide adequate evidence to support the inverted U-shaped relationship between credit and income inequality. Based on the findings, we argue that the government should direct flows of credit to real economic activities rather than speculative investment; more bank credit should be allocated to rural areas and agriculture; and favorable credit programs should be designed to promote education, especially of those living in rural areas.

• Journal of fish pathology
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• v.22 no.1
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• pp.85-90
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• 2009

A method for the identification of Nocardia seriolae, the causative agent of nocardiosis in cultured fishes, using PCR was developed in the study. A PCR primer set specific to N. seriolae was designed based on 16S-23S rRNA sequence of various Nocardia species accessed in GenBank. Designed PCR primer set, Nseri-F (5'-GCA AAC TCT TCG AAC AGT CG-3') and Nseri-R (5'-GGA TAT CAG GAC TTA CCG GC-3'), amplifies the target regions of N. seriolae only, but not 4 other Nocardia species, N. asteroides, N. crassostreae, N. farcinica and N. salmonicida.

• The Journal of Asian Finance, Economics and Business
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• v.5 no.1
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• pp.43-52
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• 2018

This research aims to evaluate the current state of technology of enterprises in Vietnam in comparison with several countries in the AEC economic community, thereby to propose several recommendations to Vietnamese enterprises in order able to promote technology innovation activities, create competitiveness with enterprises in the region. Qualitative research methods are used through statistics and comparative descriptions from data collected from various sources: WEF, World Bank, CIEM, General Statistic Office. The study results show that Vietnamese enterprises still have many limitations in technology, originated from their small business scale (capital and labor), the current research capacity is still low, the funding for this activity is not high and the accessibility of the capital is still difficult. According to the Global Competitiveness Index, Vietnam's science and technology indexes are low compared to other AEC-developed countries including the availability of the latest technology; the acquisition of technology at the enterprise level; the capacity of improvement; quality of scientific research organizations..., which shall be a major barrier for Vietnamese enterprises to have to overcome to be able to create the competitiveness when entering the global market. From then on, the authors proposed solutions for two subjects, enterprises and government, to help Vietnamese enterprises to overcome this barrier.

• The Korean Journal of Financial Management
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• v.16 no.1
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• pp.283-309
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• 1999

본 연구에서는 최근에 투입과 산출관계가 복잡한 비영리기관의 운영효율성을 평가하는데 많이 적용되고 있는 DEA분식기법을 이용하여 국내일반은행의 생산성을 상대적 개념에서 측정하고, 은행감독원에 의한 경영평가와 금융감독위원회의 은행퇴출평가 결과를 비교하여 봄으로서 평가결과가 타당성이 있는지 여부를 알아보았다. 금융감독위원회의 평가는 수익성, 건전성, 유동성, 내부유보 등 비율분석에 의한 평가와 BIS비율 등을 고려하여 평가해 왔기 때문에 다산출물 대 다투입물이 상호작용하는 것을 무시하고 있다는 것으로 볼 수 있다. 그리고 은행감독원의 평가와 DEA기법에 의한 경영효율성 간에는 상당한 차이가 있는 것으로 드러났다. 본 연구 분석결과로는 1995년도 효율성 값이 하위 5개 은행은 국민은행, 충북은행, 광주은행, 경남은행, 평화은행이며, 1996년도 효율성 값이 하위 5개 은행은 광주은행, 제주은행, 동남은행, 전북은행, 국민은행, 1997년도의 효율성 값이 하위 5개 은행은 대동은행, 광주은행, 충청은행, 충북은행, 전북은행으로 분석되었다. 퇴출은행 5개중 1996년도에 동남은행, 1997년도에 대동은행, 충청은행만이 효율성 값이 하위 5위안에 포함되어 본 연구의 분석결과와 다소 상이한 결과가 분석되었다. 그리고 DEA 분석모형에 의하면 비율분석에서는 점검할 수 없는 은행의 상대적 경영효율성을 분석한 결과가 금융당국의 평가결과와 다소 일치한 점도 있으나 운영효율성 측면에서 퇴출대상은행이 효율성이 높은 은행으로 평가되어 금융감독위원회가 결정한 퇴출대상은행과 DEA 분석결과와는 상이한 결과가 도출되었다.

• Journal of the Korean Society of Clothing and Textiles
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• v.23 no.5
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• pp.745-756
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• 1999

The purpose of this study is to investigate the characteristics of the clothing consumption expenditures by the business cycles in Korea during the period of first quarter of 1979 to second quarter of 1998. Business cycles were examined using data GNP from the National Accounts published by the Bank of Korea and clothing expenditures from the monthly statistics of Korea published by the National Statistical Office of Korea. Data were analyzed by regression analysis standard deviation sample cross-correlation coefficient and skewness statistics. The main results are as follows. 1. During the period of 1979.I-1998.II GNP and per-person consumption expenditures for clothing and shoes have continuously increased except during 1980 and the recent depression of the national economy. Clothing expenditures dropped severely during the two recent depression of the national economy. Clothing expenditure dropped severely during the two depression periods. Clothing expenditures were the highest in the fourth quarter and the lowest in the third quarter of the year. 2. According to the results of the regression analysis the business cycles had a significant influence on the clothing expenditures. the volatility of the clothing expenditure was 2.60 times higher than that of the business cycles. 3. Clothing expenditures displayed procyclical fluctuation and coincident movement to the business cycles. Also clothing expenditures showed an unsymmetric behavior over the expansion phases and contraction phases of the business cycles. That is the clothing expenditures increased slowly in the expansion phases and decreased quickly and severely in the contraction phases of the business cycles.

• Journal of the Architectural Institute of Korea Planning & Design
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• v.35 no.10
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• pp.63-70
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• 2019

The Busan branch of the former Toyo Takushoku Co. carried out the same business as a bank at the time of construction. This required an open space of long-span, which had no pillars, on the first floor where many customers frequently visited. In addition, an office space is required in the upper part, and a column is arranged so as to place a corridor in the center. It was designed with modern complex structures for space utilization and structural adaptation. As a result, scientific structural calculations of the modern era began and various structural technologies were introduced, the rationalization and value of various spatial characteristics and their structural design were analyzed from a technical historical perspective in the structure requiring long-span space. The Busan branch of the former Toyo Takushoku Co. is a complex structure with three structures. It is highly valuable as a building that tried to design its structure in a variety of spaces through calculation and introduction of new technology based on the principle of force in modern times.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.699-707
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• 2021

The objective of this study is to examine the determinants of the liquidity of 17 commercial banks listed on the Vietnamese Stock Exchanges, HOSE, HNX and UPCoM. The study uses the quarterly audited financial statements from the first quarter of 2006 to first quarter of 2020; it includes 496 observations. Data on GDP and inflation are compiled from the International Monetary Fund and the General Statistics Office of Vietnam. Once collected, the data were organized along the line of unbalanced panel data. The results show that total asset size, return on total assets, and credit growth are positively associated with the liquidity of the listed banks; whereas the interaction between the bank size and the return on total assets has a negative impact on the liquidity of commercial banks listed on the HNX, HOSE, UPCoM. In order to maintain good liquidity, commercial banks need to focus on effective credit growth, ensure a high rate of profit over total assets, and at the same time focus on developing the scale of total assets. However, the development of the size of the total assets should be noted in the balance between the total assets and the rate of return on the total assets.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.325-333
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• 2022

Foreign direct investment (FDI) and export are now often regarded as two of the most important drivers of economic growth on a worldwide scale. The impact of foreign direct investment on Vietnam's exports is investigated in this study. The data for the time period 1985-2020 was obtained from the World Bank and the Vietnam General Statistics Office. The years 1985 to 2020 were chosen to evaluate the evolution of macroeconomic parameters since 1986. The impact of the Covid-19 epidemic on renovation reform. The Johansen co-integration test proved that FDI and domestic investment (DI) had a long-term positive impact on Vietnam's export growth. The Granger causality test revealed that there is a one-way relationship between FDI and export in the near term, but no such relationship exists between DI and export. The result of the variance decomposition study demonstrates that the FDI sector has a bigger impact on Vietnam's export growth than the DI sector. Furthermore, export activities are vulnerable to FDI sector shocks. As a result, in recent years, FDI has been regarded as the most important factor of export growth in Vietnam.