531 research outputs found

    The Impact of the Economic Stimulus on Domestic, Private Enterprises

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    In the year 2008 and the first half of 2009, the world witnessed the unfolding and heavy repercussions of the global financial crisis which affected Vietnam, among others, through the reduction of investments inflow, lower global commodity prices and trade. The government of Vietnam has acted quickly with its stimulus package, including a 4% interest rate subsidy for enterprises with the objective of preventing the economy from falling further. While there are some anecdotal evidences about the effectiveness of the stimulus package, there is no systematic evidence of the impact of the stimulus package. This paper makes use of the PCI 2008 enterprise survey data, a unique dataset which is only recently made by available to investigate the impact of the 4% interest rate subsidy component of the stimulus package. We find strong statistical evidence that the 4% interest rate subsidy has positive and important impacts on the enterprises, easing the severe effects of the global crisis.Freeware; Global financial crisis, fiscal stimulus, interest rate subsidy, Vietnam.

    Performance of small and medium enterprises and the impact of environmental variables: evidence from Vietnam

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    thesis is developed from a real life application of performance evaluation of small and medium-sized enterprises (SMEs) in Vietnam. The thesis presents two main methodological developments on evaluation of dichotomous environment variable impacts on technical efficiency. Taking into account the selection bias the thesis proposes a revised frontier separation approach for the seminal Data Envelopment Analysis (DEA) model which was developed by Charnes, Cooper, and Rhodes (1981). The revised frontier separation approach is based on a nearest neighbour propensity score matching pairing treated SMEs with their counterfactuals on the propensity score. The thesis develops order-m frontier conditioning on propensity score from the conditional order-m approach proposed by Cazals, Florens, and Simar (2002), advocated by Daraio and Simar (2005). By this development, the thesis allows the application of the conditional order-m approach with a dichotomous environment variable taking into account the existence of the self-selection problem of impact evaluation. Monte Carlo style simulations have been built to examine the effectiveness of the aforementioned developments. Methodological developments of the thesis are applied in empirical studies to evaluate the impact of training programmes on the performance of food processing SMEs and the impact of exporting on technical efficiency of textile and garment SMEs of Vietnam. The analysis shows that training programmes have no significant impact on the technical efficiency of food processing SMEs. Moreover, the analysis confirms the conclusion of the export literature that exporters are self selected into the sector. The thesis finds no significant impact from exporting activities on technical efficiency of textile and garment SMEs. However, large bias has been eliminated by the proposed approach. Results of empirical studies contribute to the understanding of the impact of different environmental variables on the performance of SMEs. It helps policy makers to design proper policy supporting the development of Vietnamese SMEs

    Innovation and Export of Vietnam’s SME Sector

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    Innovation has long been considered an important factor for creating and maintaining the competitiveness of nations and firms. The relationship between innovation and exporting has been investigated for many countries. However, there is a paucity of research in Vietnam with respect to this issue. In this paper we examine whether innovation performed by Vietnam’s small and medium enterprises (SMEs) enhances their exporting likelihood. Using the recently released Vietnam Small and Medium Enterprise Survey 2005, we find that innovation as measured directly by ‘new products’, ‘new production process’ and ‘improvement of existing products’ are important determinants of exports by Vietnamese SMEs.Vietnam; Export; Innovation; Small and Medium Enterprise

    Investigation of Rectifier Circuit Configurations for Microwave Power Transmission System Operating at S Band

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    The purpose of this work is to propose rectifier circuit topologies for microwave power transmission system operating at ISM band. This paper particularly presents in detail the proposed rectifier circuit configurations including series diode half wave rectifier and voltage doubler rectifier. The maximum conversion efficiency of rectifier using series diode half wave rectifier is 40.17 % with 220 W load resistance whereas it is 70.06 % with 330 W load resistance for voltage doubler rectifier. Compared to the series rectifier circuit, it is significant to note that the voltage doubler rectifier circuit has higher efficiency. The circuits presented are tuned for a center frequency of 2.45 GHz. The rectifiers were fabricated using microstrip technology. The design, fabrication and measurement results were obtained using a well-known professional design software for microwave engineering, Advanced Design System 2009 (ADS 2009). All design and measurement results will be reported

    Design and Fabrication of Rectifying Antenna Circuit for Wireless Power Transmission System Operating At ISM Band

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    This paper introduces an overview of a rectifying antenna (rectenna) circuit topology for microwave power transmission system. Specially, a rectenna based on a microstrip patch antenna and a microwave double voltage rectifier at 2.45GHz were designed and fabricated.  The antenna’s return loss is achieved of -15 dB at 2.45GHz. The microwave to DC conversion efficiency of the rectenna was measured as 71.5% with 22 dBm input power and 810 Ohm load. The design  and simulated results  were  carried out  by  the  microwave engineering professional  design software,  known as ADS2009 package. All design and simulation results will be reported
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