Airline choice for domestic flights in Vietnam: Application of multinomial logit model
By Tran Phuoc Tho (VNP 21) Supervisor: Dr. Truong Dang Thuy Abstract In 2015, Vietnam witnessed the booming of airline industry. The participation of low cost carriers makes the airline market more and more competitive. Understanding the behavior of passengers is essential for any carriers to make their strategic policies. This study employs the multinomial […]
Effects of social capital on self-rated life-satisfaction among residents: Evidence from Vietnam
By Truong Ngoc Anh Thu (VNP 21) Supervisor: Dr. Pham Khanh Nam Abstract This dissertation provides an insight into the relationship between self-rated life-satisfaction and social capital, controlling for some demographic and individual characteristics in rural Vietnam as well as tests the theoretical predictions of the social capital investment model from the data of Vietnam […]
Parental absence and child labor in Vietnam
By Nguyen Ngoc Minh Thu (VNP 21) Supervisor: Dr. Nguyen Hoang Bao Abstract Child labor is defined as a task which had took out the childhood from children; have an ability to affect negatively on child physical and mental development. These tasks also obstruct child schooling by disposing child from the chance of learning at […]
The effects of foreign bank entry, deregulation on bank efficiency in Vietnam
By Luong Cong Hoang (VNP 21) Supervisor: Dr. Pham Dinh Long Abstract This study examines the effects of foreign banks entry to the efficiency of Vietnam‘s domestic banks following the government to initiate deregulation its financial banking. We also review the bank efficiency in term of bank size and ownership structure. There are two principled […]
The impact of audit quality on firm performance: Empirical Evidence in Vietnam
By Le Thi Anh Thu (VNP 21) Supervisor: Dr. Le Ho An Chau Abstract This study empirically examines the impact of audit quality on firm performance in Vietnam. Audit quality is considered as an external monitoring factor which objectively affects firm performance. In this thesis, audit quality is measured by three variables including audit rotation, […]
External and private return to education by using instrument variables approach: Evidence in Vietnam with a panel data
By Le Thanh Hung (VNP 21) Supervisor: Dr. Nguyen Trong Hoai Abstract The combination of Vietnam Household Living Standard Survey and Provincial Statistics Yearbook from 2010 to 2014 provide a great opportunity for estimating the up to date external and private return to education in Vietnam. In this paper, the Human Capital Earning Function (Mincer, […]
Outsourcing and total factor productivity: Evidence from Vietnamese small and medium-sized enterprises
By Pham Thi Hoa Tien (VNP 21) Supervisor: Dr. Pham Thi Bich Ngoc Abstract This study aims to examine the impacts of outsourcing activities on firms total factor productivity of 4,549 Vietnamese enterprises by using a panel dataset of Small and Medium-sized Enterprises during the period from 2005 to 2013. It is supposed to contribute […]
Firm’s histories, managerial entrenchment and leverage ratio from Vietnam’s listed firms
By Pham Le Phuong Lan (VNP 21) Supervisor: Dr. Vo Hong Duc Abstract Managerial entrenchment occurs when managers are able to manipulate financing decisions to support their own interests rather than those of shareholders. Furthermore, the market timing activity is considerably explained by managers’ financing decisions through which companies choose to raise debt or equity to […]
Inter-relationship between capital structure, free cash flow, diversification and firm performance
By Thai Ba Toan (VNP 21) Supervisor: Dr. Pham Dinh Long Abstract Improving firm performance is always a top concern of companies. The global financial crisis and public – debt crisis in Europe has had a negative impact on the economy of Vietnam, especially on Vietnamese companies. Therefore, the issues of performance enhancement, escaping from stagnating […]
Determinants affect the access to formal – informal credit and its impact on sales growth
By Hoang Quynh Trang (VNP 20) Supervisor: Dr. Truong Dang Thuy Abstract Do different sources of finance make different sales growth? In this study, I used a dataset from Small and Medium sized enterprises (SMEs) in Vietnam in 2013 to explore the determinants affect the probability of access to formal and informal finance and its […]
Can investment strategies beat the market?
By Huynh Nhat Trinh (VNP 20) Supervisor: Dr. Ngo Minh Hai Abstract Over the past three decades, many anomalies, known as investment strategies, have been documented on the global financial markets. However, from 2000s to now, several scholars have shown considerable changes in the magnitude of these excess returns. Therefore, the purpose of this thesis […]
The effect of credit growth on credit quality: Evidences of commercial banks in Dong Nai province
By Trinh Hoang Viet (VNP 20) Supervisor: Dr. Vo Hong Duc Abstract This research is conducted to examine and quantify the effect of credit growth on credit quality for the commercial banks in Dong Nai. In relation to this possible effect, theoretical framework of the so–called “three shifts” in the credit market is likely to […]
How to reduce mangrove forest extraction in the Mekong river delta of Vietnam? A common pool resource experiment
By Vu Quang Vinh (VNP 20) Supervisor: Dr. Truong Dang Thuy Abstract Using data from series of experiment in six selected provinces in Southwestern Vietnam in March and April 2015, this thesis aims to analyze the impact of mangrove forest policies and programs on people behavior towards exploring mangrove forest. Common pool resource experiment is […]
The dynamic relationship between managerial ownership and firm’s performance in Vietnam
By Nguyen Thi Thanh An (VNP 21) Supervisor: Dr. Vo Hong Duc Abstract Corporate governance is generally considered as a key factor for the operational success for enterprises. One of the most frequently discussed concepts among corporate governance factors is the ownership structure, in particular, managerial ownership. Various empirical studies have been conducted to consider and […]
Impact of income inequality on health from middle and high income countries in 1991-2010
By Pham Dang Xuan Anh (VNP 21) Supervisor: Dr. Nguyen Van Ngai Abstract The income inequality and average heath of population level relation is tested in this paper with panel data of 48 high and middle income countries over 20 recent years. Evidence of significantly negative impact of income distribution on life expectancy at birth […]
The willingness to pay for flood insurance in Mekong river delta
By Nguyen Ngoc Que Anh (VNP 21) Supervisor: Dr. Truong Dang Thuy Abstract In the circumstance of climate change and series of dams built in Mekong River Basin, risk of flood damages and productivity loss in Mekong River Delta tend to be ambiguous and unpredictable. Choice experiment is applied to assess the stated preference and […]
Earnings management by real activities manipulations: A look at Vietnam
By Nguyen Duy Anh (VNP 21) Supervisor: Dr. Nguyen Thi Thuy Linh Abstract This research thesis tests three hypothesizes: (i) In Viet Nam, the listed companies that meet earnings target (zero earnings and zero earnings growth) exhibit the proof of real activities manipulation (ii) Hypothesis 2: there is the difference between the extent of using […]
SME credit rating model in Vietnam: Probability of default assessment
By Nguyen Viet Duc (VNP 21) Supervisor: Dr. Nguyen Trong Hoai Abstract The largest part in Asset of any bank in its balance sheet is loans, which accounted over 70% of total bank’s asset. Therefore loan becomes the biggest factor affecting bank’s profit/loss (PnL) and managing loan becomes the main point in banking management. For […]
The effect of regional trade agreement to trade flow: Evidence of trade creation and trade diversion of Asean – Japan free trade area
By Pham Thi Hien (VNP 21) Supervisor: Dr. Le Ho An Chau Abstract This paper analyzes the effect of AJCEP, focusing on trade creation and trade diversion effects to ASEAN countries and Japan. Aggregated and disaggregated data sets for five different products include: Agricultural goods, manufactured products, chemical products, Machinery and equipment of transportation and […]
Banking industry volatility and economic growth
By Tran Quoc Thanh (VNP 20) Supervisor: Dr. Vo Xuan Vinh Abstract There is growing evidence from multi- studies indicating that there are lots of determinants advocate to economic growth. However, very few research papers contribute to banking sector, vital field of modern economy. It is unclear whether it is appropriate to assume an identical […]
Collateral liquidity and loan default risks: The case of Vietnam
By Nguyen Le Hieu (VNP21) Supervisor: Dr. Le Ho An Chau Abstract This thesis investigates the impact of the liquidity level of collaterals on the probability of default of individual loans and examines the channels through which collaterals affect default risks. Following the approach of Jiménez and Saurina (2004), binominal logit model is applied on […]