This study focuses on the impact of remittances on Vietnam’s financial development. The results drawn from its quantitative approach demonstrate that although remittance flows to the country may lead to increase in bank deposits, such increase is not high. On the other hand, reduction in credit demands may be subject to remittance flows, per the financial development based on a few credit growth indicators. In other words, effects of remittance flows, as indicated by VAR model, are not noticeable despite their positive impact, as in examples of increased deposits and remittance payment services on their current growth. Based on these findings, the study suggests several implications that improve the positivity of impact on the financial development.
Recently, together with the development of information technology, banks have found and put into use more and more channels to deal with their customers, and one of them is the provision of websites to satisfy customers’ need. That is the reason why customer satisfaction in e-banking services is an important challenge to all banks. This study aims to identify the effects of website quality on customer satisfaction, which in turn affects their loyalty toward the banks. For this purpose website quality dimensions, including information quality, navigation, response time, visual appeal, interactivity, security, and innovativeness, are tested by applying regression to the analyses. Additionally, all the data for this research, collected from banking customers through the questionnaires, allow such dimensions as information quality, interactivity, security, and innovativeness to be explored as having contributed significantly to customer satisfaction, which leads to their loyalty to the banks.
Foreign direct investment (FDI) has been strongly affecting the world economy during the past years and is a critical topic for both developing and developed countries. Most countries, particularly developing ones, always attempt to adjust and modify appropriate policies and institutions to attract FDI inflows. In the context of Vietnam, does the institutional quality have any effect on attracting FDI inflows in provinces? To answer clearly and exactly this question, the impact of institutional quality on attracting FDI inflows is empirically investigated in a sample of 43 provinces of Vietnam over the period of 2005–2012 via the estimation technique of difference panel GMM. Estimated results indicate that in the total sample of all provinces the institutional quality has significantly positive effects on the FDI flows. However, in the sub-sample of provinces the impact of the institutional quality on attracting FDI inflows in Northern and Southern regions are statistically significant while that in Central region is not.
Based on the panel data of 22 stock tickers in the two porfolios VN30 and HNX30 during 2008–2014, the research empirically investigates the impact of information on stock price volatilities in Vietnam. Non-traditional data collection approach and OLS and GARCH (1;1) models, along the use of data on information supply measured by the number of disclosures of the studied stocks and data on information demand measured by the number of search attempts on Google by means of Google Trend allow the research findings to be distilled into clear recommendations, which show that: (i) Both information supply and demand do affect stock price volatilities; and (ii) More profound and significant impact has been produced by information demand; particularly, effects of market-level information demand are more powerful than those of stock-level information demand.
The purpose of this study is to discuss and test the direct and moderating effects of attitudes, social norms, perceived behavioral control (PBC),
past behavior, and habit strength in explaining Vietnamese consumers’ intention to consume fish. In addition to a data set of 466 consumers in a coastal province in Central Vietnam and structural equation modelling, a model development strategy with six nested models is used to test hypotheses. Results indicate that attitude, social norms, and PBC have a positive effect on intention. Both past behavior and habit strength have a significantly positive influence on intention and considerably increase the explained variance of intention. In particular, the results also indicate that habit strength, past behavior, and social norms negatively moderate the impact of attitudes on intention. All of these findings emphasize the importance of past behavior and habit strength as well as interactions within the theory of planned behavior in explaining intention to consume fish in Vietnam.
It is customary to include all economic activities that are not officially regulated as informal sector activities. The usual definitions used to distinguish the informal sector from the formal one appear to be problematic or fussy at their edges. This dichotomy is not mutually exclusive as often thought but is in fact interdependent in many respects. It is also argued that informal enterprises often move upwards in a hierarchy of organizational forms and finally end up as formal sector units through vertical linkages. The informal sector provides jobs for very vulnerable low-income groups in rural and urban sectors while contributing to the GDP immensely in developing countries. This paper critically examines the nature of the informal sector in Sri Lanka and studies the links between the informal sector and its economy. The analysis entirely employs secondary data and information. The findings of the study demonstrate that the domestic (traditional) agriculture and related activities in Sri Lanka are dominated by the informal sector, which in turn is further strengthened by underworld activities. The fear of tax burden, bribes, bureaucratic bungling, archaic rules and regulations, and lack of dividends in formal activities drive many people from the formal sector to the informal one. The informal sector provides jobs and reduces unemployment and underemployment, but in many cases the jobs are low paying and job security is poor. It bolsters entrepreneurial activities, but at the detriment of state regulations’ compliance, particularly regarding tax and labor regulations.
Building a strategy map helps an enterprise to clearly describe and interpret the content of the strategy, making a premise for selecting key performance indicators (KPIs) and implementing the strategy based on new management models and modern strategic thinking in accordance with the Balanced Scorecard approach. We proposed three groups of strategies and built three following strategy maps: (i) strategy of developing high added-value products, (ii) strategy of ensuring the possibly lowest international outsourcing cost, and (iii) strategy of target customer orientation. This paper is intended as a contribution to change the old strategic thinking of Khanh Hoa aquatic product processing enterprises and help them to navigate and describe the strategy clearly and to develop sustainably in a globally competitive context.
Inheriting extensive experience of foreign countries together with secondary data adopted in a qualitative research study, this paper addresses the orientations and solutions to the development of Vietnam’s supporting industries (SIs) between 2015 and 2020. Apart from identifying barriers to and/or limitations of policies on their development, the findings pinpoint five SIs worthy of notice for mechanical appliances, plastics and rubber, electrical/electronic equipment, textile and garment, and leather and footwear. To drive these along their right track, priority should be given to consolidating the organization in support of SIs’ development, cultivating support for premises and access to attractive markets, and transferring technological advancement that enhances competitiveness of firms in the field.