Estimation of crude oil import demand of OECD countries
By Hoang Tung Diep (VNP 19) Supervisor: Dr. Pham Thi Bich Ngoc Abstract Crude oil is considerably the most important energy for world economy and most of all countries were affected by the crude oil price no matter they are played as the producers or consumers or both. Applying the data of 27 OECD countries […]
Liquidity premium in stock returns, The case of Vietnam
By Tran Quang Duy (VNP 19) Supervisor: Dr. Pham Phu Quoc Abstract Research about the role of liquidity in explaining stock returns has mainly been conducted in developed market and yielded ambiguous conclusion about its explanatory power. From this gap in literature, this empirical research is conducted to examine the influence of liquidity on stock […]
Remittances and economic growth in developing Asia and the Pacific countries
By Pham Thi Hang (VNP 19) Supervisor: Dr. Pham Khanh Nam Abstract Over the past three decades, remittance inflows have increasing dramatically and become the main source of foreign exchange both in absolute terms and as a percentage of GDP in many developing countries. However, the growth effect of remittance is still not well understood. […]
The relationship between internationalization and manufacturing firms’ performance in Vietnam: The moderating effect of organizational slacks
By Huynh Thi Ngoc Hien (VNP 19) Supervisor: Dr. Nguyen Van Phuong Abstract As the world moves toward global expansion, the global enterprises in both developed and developing countries have been becoming the main drivers of this process. Although there are many empirical studies on the actual relationship between internationalization and performance, the question is […]
Acquirer abnormal returns in M&A within banks: Evidence from selected Asean countries
By Nguyen Thi Ngoc Dung (VNP 18) Supervisor: Dr. Cao Hao Thi Abstract This paper examines acquirer’s abnormal return from merger and acquisition (M & A) between two banks, and between bank and non-bank institute. By using event study and market model, M & A cases announcing from Jan 2005 to Dec 2012 of ASEAN […]
Recreational values of coral reefs at Cu Lao Cham islands, Vietnam
By Nguyen Huu Dang Trinh (VNP 18) Supervisor: Dr. Pham Khanh Nam Abstract This thesis used the travel cost approach to estimate the recreational values of coral reefs at Cham islands, Vietnam. Since the on-site data has addressed some problems such as non-negative integers, zero-truncated, endogenously stratified and overdispersion, two count models: the Poisson model […]
The effect of financial development on economic growth: Evidence from Asian countries
By Tran Thanh Giang (VNP 18) Supervisor: Dr. Nguyen Van Ngai Abstract This study estimates the effect of financial development on economic growth in Asian countries in the period from 2000 to 2011. Based on unbalanced panel data, this effect is examined by Fixed effects model (FEM) and the first difference Generalizes Methods of Moments […]
Effect of public transfer on labor supply decision of households in Vietnam
By Quach Manh Hung (VNP 18) Supervisor: Dr. Pham Thi Bich Ngoc Abstract This paper investigates the relationship between the ownership concentration, audit quality and the amount of firm-specific information captured in the stock price. The study covers 195 Vietnamese listed firms on the Ho Chi Minh stock market from 2006 to 2011. The findings […]
Impact of monetary policy on bank’s loan supply: Bank’s balance sheet approach
By Nguyen Nhu Y (VNP 18) Supervisor: Dr. Nguyen Hoang Bao Abstract This study researches the impact of monetary policy onthe supply of bank loan in Vietnam during the period from 2008 to 2012. The impact is examined by using the Generalized Methods of Moments (GMM) approach. The estimation results indicate that monetary policy change […]
Networks and Bank Financing: The Study of SMEs in Vietnam
By Dang Nguyen Khang (VNP 18) Supervisor: Dr. Dinh Cong Khai Abstract Small and medium-size enterprises (SMEs) play crucial roles in the economy. They generate over 60% employment in many countries and are the key factor for the economic growth. SMEs, however, face constraints to access external finance, which negatively impacts on their business performance […]
FDI and income inequality: Evidence from panel data of Vietnam’s provinces
By Lam Van Roi (VNP 18) Supervisor: Dr. Pham Khanh Nam Abstract This paper attempts to estimate GINI indices for all provinces of Vietnam and contributes to explore the relationship between FDI and income inequality. The thesis uses a balance panel data for 56 provinces in 5 years which includes GDP, FDI and income distribution. […]
Quantitative risk analysis: An approach for Vietnam stock market
By Nguyen Nam Khanh (VNP 18) Supervisor: Dr. Truong Dang Thuy Abstract Value at Risk (VaR) is widely used in risk measurement. It is dened as the worst expected loss of a portfolio under a given time horizon at a given condence level. The aim of the thesis is to evaluate performance of 16 VaR […]
The contribution of information and communication technologies investment on economic growth
By Than Phuong Lan (VNP 18) Supervisor: Dr. Pham Hoang Van/ Dr. Nguyen Trong Hoai Abstract Growth accounting method to measure the contribution of Information and Communication Technologies (ICT) investment on economic growth has widespread in 1990s in the United States and then in many other developed countries including Europe, G7. This study extends growth accounting […]
Technical efficiency of poultry farms in Vietnam non-parametric and parametric approaches
By Nguyen Thi Ngoc Linh (VNP 18) Supervisor: Dr. Truong Dang Thuy Abstract This study attempts to estimate the technical efficiency as well as determine the factorial effects of technical efficiency level of Vietnam poultry farms under semiindustrial system and traditional system. Then, this study employs a two-stage analysis with a household-level dataset in whole country. In […]
The relationship between business networking and SMEs production efficiency
By Le Hoang Long (VNP 18) Supervisor: Dr. Vo Hong Duc Abstract This study aims to examine the relationship between business networking and the technical efficiency of small and medium sized enterprises (SMEs) in Vietnam. To achieve this objective, this study proposes a framework to measure the production efficiency of the SMEs; then, the study […]
The impact of macroeconomics environment on Vietnam stock returns
By Huynh Phi Long (VNP 18) Supervisor: Dr. Nguyen Trong Hoai Abstract This paper estimates the impact of macroeconomic environment on Vietnam stock returns and drawing the conclusion of the impact of macro variables on stock market in order to offer some appropriate policies to improve stock market and provide investors of more information. This […]
Developing an early warning system to predict currency crises in emerging markets
By Hoang Thuy Hong Nhung (VNP 18) Supervisor: Dr. Nguyen Van Ngai Abstract This thesis develops a new early warning system (EWS) model to predict the currency crises in emerging markets by using the logit regression. According to the results, the macroeconomic variables and the institution variables are valuable indicators which play important roles in […]
Determinants of households expenditure on English-language education: The case of Ho Chi Minh city
By Luu Thi Kieu Oanh (VNP 18) Supervisor: Dr. Pham Khanh Nam Abstract This study attempts to investigate household’s expenditure on English education for primary school children using the surveyed data from 267 randomly collected households in Ho Chi Minh City. As a result, the current payment for English education of household in Ho Chi […]
Stochastic frontier models review with applications to Vietnamese small and medium enterprises in metal manufacturing industry
By Nguyen Quang (VNP 18) Supervisor: Dr. Truong Dang Thuy Abstract Metal manufacturing industry has an important role in the economy due to the high demand of metal products, especially steel and iron in daily life, production and, mostly construction. To help maintain and develop the benefit from this industry, it is necessary to have […]
The role of women in corporate financial performance in Vietnam
By Nguyen Thi Hong Thu (VNP 18) Supervisor: Dr. Pham Khanh Nam
The causal relationship between money supply, inflation and economic growth in Vietnam
By Nguyen Trong Tin (VNP 18) Supervisor: Dr. Nguyen Van Ngai Abstract This study analyzes the causal relationships between money supply, inflation and economic growth in Vietnam in the period of 1999Q2 – 2012Q3. Quarterly macroeconomic data were collected from IFS and GSO. The thesis employs the Granger test in the Vector Error Correction Model […]