The Ricardian model is used for estimating economic impacts of climate change on crop farming business in Vietnam. Analyses show that higher temperature and rainfall reduce net income of peasants. Temperature, however, has a non-linear impact on the net income (some 80%) while the impact of rainfall is unidentifiable. The scenario of climate change in Vietnam implies a prediction that when the temperature rises 1.50C – 2.90C and the rainfall rises by 3.4% - 6.6%, the Vietnamese agriculture will suffer a loss of VND2.000 – 3.700 billion. Accordingly, its GDP will fall by 0.6% - 1.3% (if it rises by 3% per year on average) by the end of the century (2100).
This paper examines the effect of human capital accumulated from higher education on regional development in Vietnam. It also examines a possible two-way causality between these two variables. Two types of schools are compared and contrasted: vocational and university. Regional development is measured by industrial output per capita and industrialization level for each province. A combination of the System Generalized Method of Moments (SGMM) and Fixed Effect Three Stage Least Squares (FE3SLS) procedures is performed in order to control lagged dependent variables and improve the efficiency of the estimators. The results show that vocational education helps regional development in Vietnam more than university education. On the reverse causality, we find that the effect of regional development on university enrollments is higher than on vocational-school enrollments.
As more and more industrial parks are being constructed, compulsory purchase of land for this purpose has been carried out all over Vietnam, especially in rural areas. Those households whose land was expropriated are now facing changes in their resources of livelihood. For a sustainable development of industrial parks and for industrialization's sake, proper care should be given to the living standards and income of expropriated residents. One primary principle of land expropriation is to guarantee that the expropriated people‘s life and income will be improved, or at least as good as they were. Finding out about changes in their income and influential factors to it is a challenge which scientists and policy-makers must overcome as it provides scientific grounds for compensation policies for expropriated people. The authors built a model of Binary Logistic Regression out of the theoretical framework on sustainable livelihood and reality in Vietnam with a view to quantifying the influential factors to the expropriated households' income. To apply and test the model in practice, a survey was conducted directly on 94 households whose land was zoned for Taân Phuù Trung Industrial Park located in Cuû Chi District of HCMC. The result shows that there are six elements affecting a household's income: (1) the householder's educational background, (2) the number of laborers per household, (3) use of compensation payments, (4) new jobs from industrial park, (5) the dependency ratio, (6) the area of expropriated land.
Small and medium enterprises (SME) play an important role in the economy. Their sustainable development is one of preconditions for economic growth at present and in future as well. In the past period, Vietnamese SMEs have contributed a lot to various aspects of the socioeconomic development. To help them make the best use of their advantages, overcome difficulties and shortcomings, and deal successfully with challenges posed by international competition, quality of business management in general, and accounting in particular, should be improved radically. The paper examines and estimates some aspects of business performance and accounting jobs in SMEs in the past few years to establish a basis for researches on, and development of, a model of accounting task appropriate to Vietnamese SMEs.
Vietnam, as a developing country, has been highly dollarized since the early 1990s and this problem has greatly deteriorated in recent years. However, high level of dollarization is not always a disadvantage in different economies. In fact, the world saw some countries achieve success in their initial stages of dollarization such as Zimbabwe in its attempt to curb inflation and Cambodia to attract FDI. This paper is to deal with the forms of dollarization and its advantages and disadvantages and then present the facts of Vietnam's dollarization and solutions to this.
To control inflation has become the mission of the Vietnam's government throughout its close integration into the world economy. Since the 1986 hyperinflation, Vietnam has managed to maintain its inflation rate at a single-digit level in such a long period. Yet within four recent years when the economy integrated more closely into the world economy, the inflation rate has bobbed up and down and become unpredictable, from 25% in 2008 down to 6.88% in 2009; and the CPI as of December 2009 has risen to 1.38% - the highest level in 2009, set the alarm bells ringing for the reoccurrence of high inflation in 2010. In December 2010, Vietnam's GSO did admit a rise of 1.98% in the CPI, pushing the whole-year growth rate up nearly to 12%. Inflation has been the matter of concern to many of monetarists thus far. Their debates on monetary factors affecting inflation derive from a best-known assertion of Friedman that “inflation is always and everywhere a monetary phenomenon.” (Mishkin, 2003). From this perspective, preventing inflation means controlling monetary factors. This study, by means of empirical methodologies, is to investigate monetary factors impinging on inflation in Vietnam. Consequently, empirical outcomes show that variables namely income, money supply, interest rate, capital inflow, and exchange rate have sharp impacts on inflation; and their influential direction suits research hypotheses.
In Vietnam, the development of industrial park (IP) is indispensable to the industrialization and modernization. Nonetheless, the race to build IPs in Eastern South provinces has produced a lot of problems, especially environmental pollution which has been menacing the sustainable development of local IPs. Therefore, this paper is to shed light on the causes of pollution and recommend some solutions to the problem.