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Factors Affecting Business Performance of Construction Enterprises Listed on Vietnam Stock Markets
Thanh Cuong DANG(Thanh Cuong DANG ),Thi Hang TRINH(Thi Hang TRINH ),Thi Thao BANH(Thi Thao BANH ),Thi Yen NGUYEN(Thi Yen NGUYEN ) 한국유통과학회 2022 The Journal of Asian Finance, Economics and Busine Vol.9 No.9
Based on assessing the impact of factors on the business efficiency of construction enterprises, the research team proposes policy implications to improve the business performance of listed construction enterprises in Vietnam in the coming time. The study used secondary data collected from the audited financial statements of 25 enterprises listed on Vietnam’s stock market in the period 2015–2021 to estimate the factors affecting the business performance of construction enterprises. After collecting, the data will be encrypted and checked. The article uses a quantitative research method by using a linear regression model on Eviews 10 to analyze the data and analyze the impact of factors on the business performance of construction enterprises listed on Vietnam’s stock market. The research result shows that firm size and growth rate positively affect business performance while capital structure, receivable management, fixed asset investment, and economic growth have a positive impact on the business performance of construction companies listed on the Vietnamese stock market. Based on this result, the paper also makes recommendations to the Vietnamese construction companies to enhance their business performance.
Effects of Corporate Governance and Earning Quality on Listed Vietnamese Firm Value
DANG, Hung Ngoc,PHAM, Cuong Duc,NGUYEN, Thang Xuan,NGUYEN, Hoa Thi Thanh Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.4
The paper examines the influence of corporate governance (CG) and earning quality (EQ) on corporate value (FV) of Vietnamese enterprises. The study uses GLS regression and linear structure model using data collected from companies listing on the stock market in Vietnam during 2008-2018, with a total of 2,937 observations. The research results indicate that EQ and CG represented by the Integrated Board of Directors and the Integrated Supervisory Board have a positive effect on FV directly and indirectly. The results show that the Integrated Board of Directors has a positive effect on EQ, whereas the Integrated Supervisory Board has a negative effect on EQ. Based on the research results, we suggest that companies need to strictly comply and implement GC, so to bring down the agency cost and consequently to increase performance. The companies also should establish the Board of Director of a proper size, with financial and accounting specialty, and including women board members. The government also needs to improve the management mechanism asking for firms to prepare and publish financial statements with reliable company information, which could be provided to users. These recommendations are a useful basis to help businesses improve FV via changes in the corporate governance factors in each enterprise.
Thanh Khiem Nguyen,Ham Hoi Nguyen,Tuan Hiep Luong,Kim Khue Dang,Van Duy Le,Duc Dung Tran,Van Minh Do,Hong Quang Pham,Hoan My Pham,Thi Lan Tran,Cuong Thinh Nguyen,Hong Son Trinh,Yosuke Inoue 한국간담췌외과학회 2024 Annals of hepato-biliary-pancreatic surgery Vol.28 No.1
Backgrounds/Aims: Pancreaticoduodenectomy (PD) is the only radical treatment for periampullary malignancies. Superior mesenteric artery (SMA) first approach combined with total meso-pancreas (MP) excision was conducted to improve the oncological results. There has not been any previous research of a technique that combines the SMA first approach and total MP excision with a detailed description of the MP macroscopical shape. Methods: We prospectively assessed 77 patients with periampullary malignancies between October 2020 and March 2022 (18 months). All patients had undergone PD with SMA first approach combined total MP excision. The perioperative indications, clinical data, intra-operative index, R0 resection rate of postoperative pathological specimens (especially mesopancreatic margin), postoperative complications, and follow-up results were evaluated. Results: The median operative time was 289.6 min (178−540 min), the median intraoperative blood loss was 209 mL (30−1,600 mL). Microscopically, there were 19 (24.7%) cases with metastatic MP, and five cases (6.5%) with R1-resection of the MP. The number of lymph nodes (LNs) harvested and metastatic LNs were 27.2 (maximum was 74) and 1.8 (maximum was 16), respectively. Some (46.8%) patients had pancreatic fistula, but mostly in grade A, with 7 patients (9.1%) who required re-operations. Some 18.2% of cases developed postoperative refractory diarrhea. The rate of in-hospital mortality was 1.3%. Conclusions: The PD with SMA first approach combined TMpE for periampullary malignancies was effective in achieving superior oncological statistics (rate of MP R0-resection and number of total resected LNs) with non-inferior short-term outcomes. It is necessary to evaluate survival outcomes with long-term follow-up.
Nguyen, Cuong Thach,Le, Nhat-Tu,Tran, Thao Dang-Hien,Kim, Eun-Hye,Park, Sang-Sang,Luong, Truc Thanh,Chung, Kyung-Tae,Pyo, Suhkneung,Rhee, Dong-Kwon American Society for Microbiology 2014 Infection and immunity Vol.82 No.9
<P>Caseinolytic protease L (ClpL) is a member of the HSP100/Clp chaperone family, which is found mainly in Gram-positive bacteria. ClpL is highly expressed during infection for refolding of stress-induced denatured proteins, some of which are important for adherence. However, the role of ClpL in modulating pneumococcal virulence is poorly understood. Here, we show that ClpL impairs pneumococcal adherence to A549 lung cells by inducing and activating Rap1 and Rac1, thus increasing phosphorylation of cofilin (inactive form). Moreover, infection with a <I>clpL</I> mutant (Δ<I>clpL</I>) causes a greater degree of filopodium formation than D39 wild-type (WT) infection. Inhibition of Rap1 and Rac1 impairs filopodium formation and pneumococcal adherence. Therefore, ClpL can reduce pneumococcal adherence to A549 cells, likely via modulation of Rap1- and Rac1-mediated filopodium formation. These results demonstrate a potential role for ClpL in pneumococcal resistance to host cell adherence during infection. This study provides insight into further understanding the interactions between hosts and pathogens.</P>
Critical Factors of Subcontractor Evaluation and Selection: A Case Study in Vietnam
VO, Khoa Dang,PHAM, Cuong Phu,PHAN, Phuong Thanh,VU, Ngoc Bich,DUONG, My Tien Ha,LE, Loan Phuc,NGUYEN, Quyen Le Hoang Thuy To Korea Distribution Science Association 2021 The Journal of Asian Finance, Economics and Busine Vol.8 No.3
A contractor or a main contractor is a company with full capacity to construct all project's works for the owner. A subcontractor is an organization that works with the main contractor to execute and complete work packages for the project. Selecting an effective subcontractor will help the efficiency and success of any projects in the construction industry. Therefore, this study identified subcontractor evaluation factors in Vietnam by collecting questionnaire survey data from engineers and staffs in the construction industry project environment. An exploratory factor analysis (EFA) was then performed to identify the critical factors when evaluating and selecting the subcontractor in construction projects. Moreover, when considering the impact level in terms of the average value, the research results showed that the most critical concern was the subcontractor's reputation. Furthermore, the top five factors affecting the sub-contractor evaluation and selection are (i) reputation, (ii) price, (iii) construction techniques, (iv) ability to implement projects according to commitments, and (v) subcontractor competence (the team of workers, technician staff, engineers with full capacity according to regulations). These research results provide an overall perspective that will help main contractors develop suitable subcontractors' evaluation and selection factors in their projects in the construction industry.
Truong Giang Nguyen,Thanh Khiem Nguyen,Ham Hoi Nguyen,Hong Son Trinh,Tuan Hiep Luong,Minh Trong Nguyen,Van Duy Le,Hai Dang Do,Kieu Hung Nguyen,Van Minh Do,Quang Huy Tran,Cuong Thinh Nguyen 한국간담췌외과학회 2024 Annals of hepato-biliary-pancreatic surgery Vol.28 No.1
Backgrounds/Aims: Parenchymal-sparing anatomical hepatectomy (Ps–AH) based on portal ramification of the right anterior section (RAS) is a new technique to avoid unnecessarily transecting too much liver parenchyma, especially in cases of major anatomical hepatectomy. Methods: We prospectively assessed 26 patients with primary hepatic malignancies having undergone major Ps–AH based on portal ramification of the RAS from August 2018 to August 2022 (48 months). The perioperative indications, clinical data, intra-operative index, pathological postoperative specimens, postoperative complications, and follow-up results were retrospectively evaluated. Results: Among the 26 patients analyzed, there was just one case that had intrahepatic cholangiocarcinoma The preoperative level of α– Fetoprotein was 25.2 ng/mL. All cases (100%) had Child–Pugh A liver function preoperatively. The ventral/dorsal RAS was preserved in 19 and 7 patients, respectively. The mean surgical margin was 6.2 mm. The mean surgical time was 228.5 minutes, while the mean blood loss was 255 mL. In pathology, 5 cases (19.2%) had microvascular invasion, and in the group of HCC patients, 92% of all cases had moderate or poor tumor differentiation. Six cases (23.1%) of postoperative complications were graded over III according to the Clavien–Dindo system, including in three patients resistant ascites or intra-abdominal abscess that required intervention. Conclusions: Parenchymal-sparing anatomical hepatectomy based on portal ramification of the RAS to achieve R0-resection was safe and effective, with favorable short-term outcomes. This technique can be used widely in clinical practice.
Viet Hung Pham,정진석,Thanh Truong Dang,Tran Viet Cuong,Seung Hyun Hur,Byung-Seon Kong,김의정 한국화학공학회 2012 Korean Journal of Chemical Engineering Vol.29 No.5
We report the effect of temperature on the extent of graphene oxide reduction by hydrazine and the dispersibility of the resulting chemically converted graphene (CCG) in polar organic solvents. The extent of graphene oxide reduction at high temperatures was only slightly higher than at low temperatures (30-50 oC), while the dispersibility of the resulting CCG in organic solvents decreased markedly with increasing temperature. The low dispersibility of CCGs prepared at high temperatures was greatly affected by reduction and influenced by the formation of an irreversible agglomerate of CCG at high temperatures. The reduction of graphene oxide at low temperatures is necessary to prepare highly dispersible CCG in organic solvents. CCG prepared at 30 oC is dispersible in N-methyl-2-pyrrolidone concentrations as high as 0.71 mg/mL. The free-standing paper made of this CCG possessed an electrical conductivity of more than 22,000 S/m, one of the highest values ever reported.
TOXUAN DINH,Le Khac Thuy,Nguyen Thanh Tien,Tri Dung Dang,Cong Minh Ho,Hoai Vu Anh Truong,Hoang Vu Dao,Tri Cuong Do,안경관 사단법인 유공압건설기계학회 2019 드라이브·컨트롤 Vol.16 No.2
Fuel cell hybrid electric vehicle is an attractive solution to reduce pollutants, such as noise and carbon dioxide emission. This study presents an approach for energy management and control algorithm based on energetic macroscopic representation for a fuel cell hybrid electric vehicle that is powered by proton exchange membrane fuel cell, battery and supercapacitor. First, the detailed model of the fuel cell hybrid electric vehicle, including fuel cell, battery, supercapacitor, DC-DC converters and powertrain system, are built on the energetic macroscopic representation. Next, the power management strategy was applied to manage the energy among the three power sources. Moreover, the control scheme that was based on back-stepping sliding mode control and inversed-model control techniques were deduced. Simulation tests that used a worldwide harmonized light vehicle test procedure standard driving cycle showed the effectiveness of the proposed control method.
Dinh, To Xuan,Thuy, Le Khac,Tien, Nguyen Thanh,Dang, Tri Dung,Ho, Cong Minh,Truong, Hoai Vu Anh,Dao, Hoang Vu,Do, Tri Cuong,Ahn, Kyoung Kwan The Korean Society for Fluid Power and Constructio 2019 드라이브·컨트롤 Vol.16 No.2
Fuel cell hybrid electric vehicle is an attractive solution to reduce pollutants, such as noise and carbon dioxide emission. This study presents an approach for energy management and control algorithm based on energetic macroscopic representation for a fuel cell hybrid electric vehicle that is powered by proton exchange membrane fuel cell, battery and supercapacitor. First, the detailed model of the fuel cell hybrid electric vehicle, including fuel cell, battery, supercapacitor, DC-DC converters and powertrain system, are built on the energetic macroscopic representation. Next, the power management strategy was applied to manage the energy among the three power sources. Moreover, the control scheme that was based on back-stepping sliding mode control and inversed-model control techniques were deduced. Simulation tests that used a worldwide harmonized light vehicle test procedure standard driving cycle showed the effectiveness of the proposed control method.