• Title/Summary/Keyword: and Vietnam

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

  • DANG, Thuy T.;VU, Huong Quynh
    • Asian Journal of Business Environment
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    • v.10 no.3
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    • pp.13-22
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    • 2020
  • 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.

ALMA OBSERVATIONS OF W HYDRAE: IMPACT OF MISSING BASELINES

  • Do, Thi Hoai;Pham, Tuan Anh;Pham, Tuyet Nhung;Darriulat, Pierre;Pham, Ngoc Diep;Nguyen, Bich Ngoc;Tran, Thi Thai
    • Journal of The Korean Astronomical Society
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    • v.54 no.6
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    • pp.171-182
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    • 2021
  • The lack of short baselines, referred to as the short-spacing problem (SSP), is a well-known limitation of the performance of radio interferometers, causing a reduction of the flux detected from source structure on large angular scales. The very large number of antennas operated in the Atacama Large Millimeter/sub-millimeter Array (ALMA) generates situations for which the impact of the SSP takes a complex form, not simply measurable by a single number, such as the maximal recoverable scale. In particular, extended antenna configurations, complemented by a small group of closeby antennas at the centre of the array, may result in a double-humped baseline distribution with a significant gap between the two groups. In such cases one should adopt as the effective maximal recoverable scale the one associated with the extended array and use only the central array to recover missing flux, as one would do with single dish or ACA (Atacama Compact Array) observations. The impact of the missing baselines can be very important and may easily be underestimated, or even overlooked. The present study uses ALMA archival data of the 29SiO(8-7) line emission of the AGB star W Hydrae for a demonstration. A critical discussion of the reliability of the observations away from the star is presented together with comments of a broader scope. Properties of the circumstellar envelope of W Hya within ~15 au from the star, many of which are not mentioned in the published literature, are briefly described and compared with R Doradus, an AGB star having properties very similar to W Hya.

Can Vietnam Become The Next Tiger? Confucianism and Economic Development in the Southeast Asian Context

  • Fei, Huang
    • SUVANNABHUMI
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    • v.6 no.2
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    • pp.65-84
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    • 2014
  • Asia-Pacific Confucian Capitalism is comparable to Atlantic Protestant Capitalism in terms of economic success, as most economies influenced by Confucian culture in East Asia and Southeast Asia are economically well-off in the past 50 years, save for Vietnam. This paper seeks to determine whether Vietnam can follow the path of development of the other Confucian economies, especially in the context of globalization and upcoming regional integration. In the paper, I will use an analytic framework derived from Weber and Huntington to examine the cultural dimension of Vietnam's economic development. In the domestic field, I argue that the core values of Confucianism continue to contribute to the development in Vietnam in many ways; yet one critical element needs to be tapped: the political culture of strong leadership and efficient bureaucracy. Confucian values for development may be compromised by pushing for democratization too early in Vietnam. On a positive note, Confucianism for Vietnam is instrumental in its regional integration into Southeast Asia since it is integrative rather than exclusive. Vietnam's cultural similarity with China may however lead to too much passive learning and conflicts. In conclusion, Confucianism is a valuable asset for Vietnam's economic development, but challenges have to be addressed in order for Vietnam to become the next tiger.

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A Study on the Entry Determinants and an Outcome of Korea's Direct Investment Company to the Vietnam (베트남 직접투자 기업의 진입결정요인과 성과에 관한 연구)

  • Lee, Je-Hong
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.185-207
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    • 2012
  • Vietnam is the easternmost country on the Indochina Peninsula in Southeast Asia. Many Korean companies have recently invested their factories to Vietnam from China. This Study measures the entry determinants and outcomes of Vietnam foreign direct investment of the Korea company. This study developed a research model to determinant factor in the Vietnam market entry and collected 98 survey responses from the Korean company to Vietnam investment. In the article analysis, Multiple regression results show that Vietnam investment outcome review are positively affected by "Scale of Investment company", "International Experience of Investment company", "Marketing Skill of Investment company" and "Vietnam's Market Scale", "Vietnam's Market Environment" factors in all a hypothesis. However, the result of this analysis showed that the "Financial management of investment company", and "Organization management of investment company" as independence is not statistically significant. This article suggests that the investment outcome of Vietnam foreign direct investment should take earned of the Korea company in Vietnam market.

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The Acculturation of the Worship of Goddess Tianhou in Vietnam

  • Ly, Phan Thi Hoa
    • SUVANNABHUMI
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    • v.11 no.1
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    • pp.133-167
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    • 2019
  • The Chinese began migrating to Vietnam very early (in the third century BC) and continuously underwent either mass or small migration afterwards. Their long processes of living and having contact with different ethnic communities in Vietnam made the Chinese worship of Goddess Tianhou change radically. By examining these practices of worship in two areas where the Chinese settled the most, Thừa Thiên Huế province (central Vietnam) and Hồ Chí Minh City (southern Vietnam), this paper aims to understand the patterns of acculturation of the Chinese community in its new land. An analysis of information from both field research and archival sources will show how the Chinese have changed the worship of the Tianhou goddess during their co-existence with ethnic communities in Vietnam. It argues that there is no "peripheral fossilization" of the Chinese culture in Vietnam.

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Clerodendrum ervatamioides (Lamiaceae): A new record to the flora of Vietnam

  • Heyjoong KIM;Do Van HAI;Tran Duc THIEN;Tran The BACH;Bui Hong QUANG;Duong Thi HOAN;Le Ngoc HAN;Tran Duc BINH;Ritesh Kumar CHOUDHARY;Joongku LEE
    • Korean Journal of Plant Taxonomy
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    • v.52 no.4
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    • pp.255-261
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    • 2022
  • Clerodendrum ervatamioides C. Y. Wu was described in 1977 with its type locality in Yunnan, China. During our floristic investigation in the Muong Nhe Nature Reserve of Vietnam of Dien Bien province and in the Muong Te district of the Lai Chau province, we collected several specimens of Clerodendrum ervatamioides, marking the first record of its occurrence in Vietnam. In this paper, details of the morphological features, distribution, ecology, photo plates, and a table comparing the morphological features with its ally Clerodendrum garrettianum Craib are provided.

Impact of Foreign Direct Investment and International Trade on Economic Growth: Empirical Study in Vietnam

  • NGUYEN, Hieu Huu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.323-331
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    • 2020
  • The study aims to assess the impact of foreign direct investment (FDI) and international trade (export and import) on Vietnam's economic growth for the 2000-2018 period. Secondary data is taken from the General Statistics Office of Vietnam. Ordinary least-square method is used in analyzing the impact of FDI, export and import on economic growth of Vietnam. Empirical test results show that FDI and international trade are related to Vietnam's economic growth. However, each economic variable has a different impact. FDI has a positive and statistically significant influence on economic growth of Vietnam. Export also has positive and statistically significant impact to the economic growth, while import has a negative but not statistically significant effect. The result is useful for the policy makers of Vietnam on foreign economic relations. In order to improve the effect of FDI and international trade on growth of the economy, the government of Vietnam should: (1) continue applying preferential policies to attract FDI; (2) select foreign investors aiming to quality, efficiency, high technology and environmental protection; (3) continue pursuing export-oriented policy; (4) enhance the added value of exported goods and control the type of imported goods; (5) further liberalize trade through signing and implementation of international trade commitments.

Spatial Interpolation of Meteorologic Variables in Vietnam using the Kriging Method

  • Nguyen, Xuan Thanh;Nguyen, Ba Tung;Do, Khac Phong;Bui, Quang Hung;Nguyen, Thi Nhat Thanh;Vuong, Van Quynh;Le, Thanh Ha
    • Journal of Information Processing Systems
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    • v.11 no.1
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    • pp.134-147
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    • 2015
  • This paper presents the applications of Kriging spatial interpolation methods for meteorologic variables, including temperature and relative humidity, in regions of Vietnam. Three types of interpolation methods are used, which are as follows: Ordinary Kriging, Universal Kriging, and Universal Kriging plus Digital Elevation model correction. The input meteorologic data was collected from 98 ground weather stations throughout Vietnam and the outputs were interpolated temperature and relative humidity gridded fields, along with their error maps. The experimental results showed that Universal Kriging plus the digital elevation model correction method outperformed the two other methods when applied to temperature. The interpolation effectiveness of Ordinary Kriging and Universal Kriging were almost the same when applied to both temperature and relative humidity.

Tributary Relations of Vietnam and Japan with China during the Feudal Period: Some Reference Points

  • Hanh, Nguyen Thi My
    • SUVANNABHUMI
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    • v.10 no.1
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    • pp.93-116
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    • 2018
  • Under feudalism, besides imploring investiture, tribute is said to be one of the two most typical activities at the core of diplomatic relations between China and the region, in particular, Vietnam and Japan. By using the comparative method and interdisciplinary approach, the author shows that there are many differences between Vietnam and Japan with regards to tribute activity with China during the feudal period. For example, the start and end of China's tributary activities with Vietnam and Japan are not the same. The period of Japanese tributary activity was much more loosened than Vietnam. Vietnamese tributary relation was political, while Japan placed economic benefits as the main priority. In particular, the author also proved that although Japan and China had differences in behavior and level of dependence on the tributary activity of Vietnam, both Vietnam and Japan maintained independence and autonomy. Based on the historical, cultural, and geographical characteristics, as well as the position and force correlation of each country in relation to China, this article also explains the causes of these similarities and differences.

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