Factors Affecting Employment Decisions in Tourism Sectors: A Case Study of the Southern Red River Sub-Region, Vietnam

Dang Thi Thuy DUYEN,Tran Thi Van ANH 한국유통과학회 2022 The Journal of Asian Finance, Economics and Busine Vol.9 No.5

Tourism has always played an important role in socio-economic development in Vietnam and in many countries around the world. Tourism is also an industry that has attracted a large number of workers in the past two decades in Vietnam in general and territories in particular. Over the past two decades, tourism in the southern Red River sub-region has created thousands of jobs for local workers and neighboring provinces. The study aims to examine the factors affecting the employment decision of workers in the tourism industry in the South Red River sub-region. Using a pilot study surveying 10 workers in three provinces to adjust the questionnaire and a sample data of 193 observations were performed. The experimental results prove that the independent variables explain 64% of the variation of the dependent variable, and other reasons can explain the rest (36%). Research results show that four factors, namely, welfare (WE), working conditions (IN), the potential for tourism development (POT), and development policy (POL) have a positive impact on the employment decision of workers. Meanwhile, the two factors that are tourism cooperation (CO)and Education (EDU), have an insignificant impact on the employment decision of workers in the southern Red River sub-region.

Factors Affecting the Outsourcing of Accounting Activities in Small and Medium Transport Enterprises in Vietnam

DANG, Thuy Anh,HO, My Hanh,HO, Thi Dieu Anh,NGUYEN, Thi Thanh Hoa Korea Distribution Science Association 2022 The Journal of Asian Finance, Economics and Busine Vol.9 No.10

In the current fast-growing market economy, the accounting-outsourcing trend of small and medium-sized enterprises is on the increase. Studies from both foreign and domestic sources have shown that many factors influence this decision. However, each country has different economic and political characteristics, so these factors and their degree of impact on accounting outsourcing also vary. This study aimed to determine the factors affecting the decision to outsource accounting activities of small and medium transport enterprises in Vietnam. A survey of 384 transport SMEs was conducted using the convenience sampling method. A personal interview with owners/managers/CFOs in 3 major cities of Vietnam based on a research review was conducted. The model examines the influence of many independent variables on accounting outsourcing. The multilinear regression analysis shows that the higher the Assets Specificity, the lower the degree of accounting outsourcing. In addition, the degree of outsourcing is positively and significantly related to frequency and trust in accountants. Besides, when we include control variables such as gender, administrative level, firm size, company age, education, and experience into the model. The results show that small and medium enterprises with limited resources should switch from the traditional internal accounting method to a professional accountant with external knowledge. Based on this study, the author proposes several implications for the accounting outsourcing of small and medium-sized transport enterprises in Vietnam to be more effective. Finally, this study also contributes to the basic knowledge of accounting outsourcing.

Factors Affecting Infrastructure Connectivity: An Indian and Vietnamese Perspective

Thuy T.Dang,Nguyen Le Thy Thuong,Pham Thuy Nguyen 한국외국어대학교 인도연구소 2021 남아시아연구 Vol.27 No.3

Infrastructure connectivity plays an important role in Vietnam and India’s trade promotion, and international economic development and cooperation. Vietnam and India have become comprehensive strategic partners since 2016. In its “Act East” Policy, India considered Vietnam as a crucial destination for infrastructure development, trading and investment projects as well as a bridge to connect India with the Southeast Asia region. The article presents direct factors affecting infrastructure connectivity between India and Vietnam, in different aspects including geography and nature; politics and diplomacy; finance and economics; institutional policies and regulations; society and people; and infrastructure. From analyzing these factors, it can be seen that the harmonious diplomatic relations, stable internal politics and the increase in cooperation between Vietnam and India in various fields contribute to ensuring Vietnam - India infrastructure connectivity cooperation. A young, highly skilled workforce and a strong culture of integration also create favorable conditions for infrastructure connectivity between the two countries. However, the remote geographical distance, the limited economic resources, the relative disparity in the level of development of hard and soft infrastructure as well as the limited institutional capacity of each country create certain barriers. Due to the delay in decision-making and planning between the two countries, no direct projects between the two countries have been implemented so far. Currently, it is only possible to place the Vietnam - India infrastructure connectivity projects in the ASEAN - India infrastructure connectivity network, but most of these projects also stop at drafting and planning phase. Therefore, the infrastructure connectivity between Vietnam and India needs to overcome many barriers to achieve certain results.

<i>In situ</i> multi-dimensional actuation measurement method for tensile actuation of paraffin-infiltrated multi-wall carbon nanotube yarns

Dang, Dang Xuan,Truong, Thuy Kieu,Lim, Seong Chu,Suh, Dongseok American Institute of Physics 2017 Review of scientific instruments Vol.88 No.7

Fintech in Microfinance: a new direction for Microfinance institutions in Vietnam

Thuy T. DANG,Huong Quynh VU 한국유통과학회 2020 Asian Journal of Business Environment (AJBE) Vol.10 No.3

Purpose: Vietnam‘s financial sector has grown substantially but microfinance institutions (MFIs) still face up many challenges in providing financial services to underserved customer segments, including small businesses, rural populations, and urban migrants. The recent worldwide explosion of fintech, including in Vietnam, promises to fill this gap. The purpose of this paper is to analyze fintech activities in microfinance sector and recommend for fintech adoption of MFIs in Vietnam. Research Design, Data and Methodology: The paper‘s data is mainly based on international organizations such as Asia Development Bank (ADB), Food and Agriculture Organization of the United Nations (FAO) and Vietnamese organizations such as Vietnam Microfinance Working Group. The authors suggest new directions for microfinance activities in Vietnam. Results: In recent years, the application of fintech in microfinance sector has brought many good results, such as improving the quality of products and services, easy access to many customer groups, and scaling up the operating model. Conclusion: MFIs in Vietnam have developed new products and services by applying fintech. The application of technology and digital solution has supported MFIs in Vietnam to gradually achieve targeted growth through expanding geographical inclusion/scale, enhancing product supply/provision, helping in-depth customer understanding as well as improving operational efficiency

Developing Green Bank Operation In India And Vietnam: Comparison And Evaluation

DANG, Thuy T.,NGUYEN, Trang Thu Korea Distribution Science Association 2021 Asian journal of business environment Vol.11 No.3

Purpose: The purpose of the paper is to assess the greening of investment flows as well as the orientation of financial sources of effective environmental protection. Both India and Vietnam are considered to be two Asian countries that are radically affected by global climate change. Governments of the two countries have implimented numerous measures against environmental pollution through the banking and finance sector. Developing green banking operations in India and Vietnam is a new direction in the socio-economic development strategy coupled with effective environmental protection. Research design, data and methodology: The data was mainly based on Asia Development Bank Institution (ADBI) and Bank of India (BOI) from 2015 - 2018. This paper focused on comparing and evaluating the development of green banks between the two countries. Result: The banks' contribution to green growth and green economy is shown in two basic aspects: (i) the connection between organizations, and individuals, and management process for investment projects, including environmental risks; and (ii) the operation of banks has a direct impact on the environment, through the application of technology to pay documents and apply e-banking. Conclusion: Paper reflects, compares and evaluates green banking operations in India and Vietnam to provide new directions aiming to develop financial and economic system along with effective and efficient step toward climate change control. India's green banking operations, after a specific assessment, will be lessons for the Government of Vietnam during the process of socio-economic development and environmental protection.

방전 플라즈마 소결된 나노복합재료의 열적 안정성

Dang-Thuy Nguyen,Dae-HWan Kwon,Dina Dudina,Pyuck-pa choi,Jong-won Kum,Jin-Chun Kim,ji-Soon Kim,Young-Soon Kwon 한국분말야금학회 2006 한국분말야금학회 학술대회논문집 Vol.2006 No.1

Current Situation of Cryptocurrency in Vietnam

Thu Thuy DANG 한국유통과학회 2019 Asian Journal of Business Environment (AJBE) Vol.9 No.4

Purpose – The purpose of the research is to assess the current state of cryptocurrency in Vietnam and to provide several solutions and recommendations to the Government, the State Bank of Vietnam (SBV) and other relevant agencies for monitoring, managing, and controlling cryptocurrency effectively and efficiently. Research design, data and methodology - The study is based on the assessment and analysis of cryptocurrency in the world and the real situation of cryptocurrency in Vietnam in order to provide solutions to the controllable development of operation of this currency. Results - The study indicates the current operations of cryptocurrency in Vietnam and provides several suggestions to effectively control this currency. Conclusion - According to the study on current cryptocurrency and the situation of cryptocurrency in Vietnam, the author has proposed a number of solutions to provide suggestions to manage and develop the operations of cryptocurrency in a most practical manner. The governments of many countries in the world, including the Government of Vietnam, need more time as well as appropriate technology improvements to take advantage of these new digital currencies; therefore, they still need to ensure safety in compliance with the control and regulatory capabilities of the central government and central banks.

Vietnam-India Trade: Current Relations and Prospects

Thu Thuy DANG 한국유통과학회 2019 The Journal of Industrial Distribution & Business( Vol.10 No.9

Purpose – In recent years, the bilateral political relationship between Vietnam and India was upgraded to strategic and comprehensive partnership. Thus, the purpose of this paper is to analyze current relations and prospects of the Vietnam-India trade. Research design, data and methodology – The data was mainly based on World Integrated Trade Solution (WITS) and Foreign Investment Agency of Vietnam Ministry of Planning and Investment (FIA) from 2010-2018. The relationship of the two countries has showed growth in all sectors, including trade cooperation. This paper focused on assessing the current relations of trade cooperation of the two countries and then andlyzed the prospects of trade cooperation in the next period. Result - The Indian Government’s strategy shifted from “Look East” policy to “Look East” action by the end of 2015. Vietnam is a partner and a pillar of India’s Look East policy (Muni, 2011). The governments of both countries should further strengthen exchanges and trade connections in order to provide cooperation opportunities for investors and businesses of the two countries. Conclusion - The paper discusses and gives an overview of the current status of the trade relations of Vietnam and India as well as lucidating the opportunities and challenges for two countries in the future.

A Comparison and Evaluation of New Regulation on People Credit Funds Rating in Vietnam

Thu Thuy Dang 한국유통과학회 2018 Asian Journal of Business Environment (AJBE) Vol.8 No.1

Purpose - The purpose of this research is to make a comparative assessment of People Credit Funds (PCFs) ranking in Vietnam between the Circular No. 42/2016/TT-NHNN dated December 20, 2016 with the Decision No. 14/2007/QD-NHNN dated 09/4/2007 issued by the Governor of the State Bank. Research design, data, and methodology - This study is mainly based on the Circular No. 42/2016/TT-NHNN dated December 20, 2016 and the Decision No. 14/2007/QD-NHNN dated 09/4/2007 issued by the Governor of the State Bank on PCFs ranking. Results - The study paper has shown positive changes in PCFs ranking in Vietnam in accordance with the Circular No. 42/2016/TT-NHNN, such as increasing Capital Adequacy Ratio (CAR), maintaining CAR, improving assets quality, developing indicators of governance, management and control capability. These changes have implications for the development and efficient performance of PCFs in Vietnam. Conclusions - The classification and evaluation of PCFs will contribute to its healthy development. These finding support PCFs to understand more about rating methodology, significance of rating system and the importance of improving their rating. PCFs in Vietnam desire to develop their business effectively, they need to understand exactly and comply fully with regulations related to their field of operations.