Does exchange rate policy matter for economic growth? Vietnam evidence from a co-integration approach

Both economic growth and exchange rate theories suggest that the exchange rate regime could have consequences for the medium-term growth of a country, directly, through its effects on the adjustment to shocks, and indirectly, through its impact on the important determinants of growth. It is, however, surprising that there was little empirical work investigating the indirect relationship between the exchange rate policy and economics growth in the case of a specific country. In a co-integration framework, our research attempts to fill the gap by econometrically investigating the possible impacts of exchange rate regime on economic growth through two main channels - Foreign direct investment (FDI) and Exports - in the case of Vietnam - a successful example of a transitional economy.Exports, Exchange Rate, FDI, Growth, Co-integration

LES RÔLES DE L'ORGANISATION PAYSANNE ET DE L'ACTION COLLECTIVE POUR LE RENFORCEMENT DES FILIÈRES DE COMMERCIALISATION DES PRODUITS DE «SPÉCIALITÉ LOCALE» LE CAS DU LONGANE «LONG» DE LA PROVINCE DE HUNGYEN AU VIETNAME

N° ISBN - 978-2-7380-1284-5International audienceLe Vietnam est actuellement engagé dans un processus d'intégration économique internationale issue notamment de son adhésion récente à l'OMC. Ce processus inclut une ouverture croissante du secteur agro-alimentaire domestique à la concurrence des produits importés. Les exploitations agricoles familiales sont particulièrement fragilisées par ce nouveau contexte, en raison de le petite taille et du morcellement des superficies cultivables. Les moyens de renforcer la compétitivité des produits issues de l'agriculture familiale constitue ainsi une des priorités pour les recherches vietnamiennes en économie agricole. Au Vietnam, le longane “Long” produit dans la province de Hungyen est un produit de spécialité locale, c'est-à-dire dont la qualité spécifique est reconnue par une partie des consommateurs. Néanmoins, le manque d'action collective entre les exploitations agricoles familiales fragilisent les performances de cette filière face aux longanes des autres régions du Vietnam et les longanes importés. Cet article présente les expériences d'appui pour le renforcement de la filière du longane “Long” de la province de Hungyen au Vietnam vers le développement de l'indication géographique. Grâce à l'appui de GTZ (German Technical Cooperation) et de l'IPSARD (Institut de politique et de stratégie pour l'agriculture et le développement rural), la coopérative de longane Long Hongnam, qui consiste en une organisation de producteurs et de commerçants, a été mise sur pied en 2006. La coopérative a permis la mise en place des actions collectives suivantes: l'application d'un itinéraire technique de production amélioré incluant le respect de certaines bonnes pratiques agricoles locales (Good agricultural practices ou GAP), et la mise sur pied d'un espace de dialogue avec les commerçants. Grace à ce dispositif, les producteurs ont pu augmenter leur prix du vente, améliorer l'homogénéité de la qualité des produits, et améliorer leur revenu. La durabilité de ce dispositif est discutée. L'article fait le bilan des forces et faiblesses de ces strategies de soutien a l'action collective

Lower and upper bound intercept probability analysis in amplifier-and-forward time switching relaying half-duplex with impact the eavesdropper

In this paper, we proposed and investigated the amplifier-and-forward (AF) time switching relaying half-duplex with impact the eavesdropper. In this system model, the source (S) and the destination (D) communicate with each other via a helping of the relay (R) in the presence of the eavesdropper (E). The R harvests energy from the S and uses this energy for information transferring to the D. For deriving the system performance, the lower and upper bound system intercept probability (IP) is proposed and demonstrated. Furthermore, the Monte Carlo simulation is provided to justify the correctness of the mathematical, analytical expression of the lower and upper bound IP. The results show that the analytical and the simulation curves are the same in connection with the primary system parameters

Active fault-tolerance of the unmanned aerial vehicle automatic control systems

This paper presents an introductory overview of principles of the three-layer hierarchy of active fault-tolerance, providing, determination of the fault type with as many details as enough to get recoverable fault reason and failure toleration by flexible redundancy using; the conception of active fault-tolerant control in abnormal modes is described. Developed models and methods of a systematic approach to fault tolerance in the direction of the effective use of the signal, parametric and structural redundancies and selection of parrying tools. Performed experimental researches of the unmanned aerial vehicle (UAV) automatic control systems (ACS)

Catalytic Dye Oxidation over CeO2 Nanoparticles Supported on Regenerated Cellulose Membrane

A novel regenerated cellulose (RC) membrane containing cerium oxide (CeO2) nanoparticles is described in detail. In this work, CeO2 nanoparticles with high surface area and mesoporosity were prepared by a modified template-assisted precipitation method. Successful synthesis was achieved using cerium nitrate as a precursor, adjusting the final pH solution to around 11 by ammonium hydroxide and ethylene diamine, and annealing at 550 °C for 3 hours under a protective gas flow. This resulted in a surface area of 55.55 m².g–1 for the nanoparticles. The regenerated cellulose membrane containing CeO2 particles was synthesized by the novel and environmentally friendly method. The catalyst CeO2 and cellulose/CeO2 membrane were characterized by Fourier transform infrared spectroscopy (FTIR), X-ray diffraction (XRD), Electron paramagnetic resonance (EPR), and Brunauer-Emmett-Teller (BET) measurements. The g-value of 2.276 has confirmed the presence of the surface superoxide species of CeO2 nanoparticles in EPR. The photocatalytic activity of the catalyst and the membrane containing the catalyst was evaluated through the degradation of methylene blue under visible light irradiation by UV-VIS measurements. The cellulose/CeO2 membrane degraded 80% of the methylene blue solution in 120 minutes, showing a better photocatalytic activity than the CeO2 catalyst, which degraded approximately 62% in the same period. It has been proven that the RC membrane is not only a good transparent supporting material but also a good adsorption for high-performance of CeO2 catalyst. Copyright © 2022 by Authors, Published by BCREC Group. This is an open access article under the CC BY-SA License (https://creativecommons.org/licenses/by-sa/4.0).

Challenges in Employing BASEL II at Military Commercial Joint Stock Bank

This paper is conducted for examining the framework for risk management in the Basel II accord, the Basel II risk management model at the Military Commercial Joint Stock Bank. Data were collected from annual reports for the period from 2015 to 2017 of the Military Commercial Joint Stock Bank. The results show that the implementation of risk management under Basel II at Military Bank still faces many difficulties in the pressure of capital increase, database system, human resource quality, and cost of implementation. The study suggests some solutions for Military Bank to implement successfully Basel II, emphasizing the role of human resource quality, modernizing the data system and the specific mechanism for raising capital. The results of this research is a reference for Vietnamese commercial banks in identifying, controlling and responding various risks in banking activities in the context of Vietnam in particular and in emerging countries in general. Keywords: Basel II, Risk management, Military Ban

A Survey on Some Parameters of Beef and Buffalo Meat Quality

A survey was carried out on 13 Vietnamese Yellow cattle, 14 LaiSind cattle and 18 buffalos in Hanoi to estimate the quality of longissimus dorsi in terms of pH, color, drip loss, cooking loss and tenderness at 6 different postmortem intervals. It was found that the pH value of longissimus dorsi was not significantly different among the 3 breeds (P>0.05), being reduced rapidly during the first 36 hours postmortem, and then stayed stable. The value was in the range that was considered to be normal. Conversely, the color values L*, a* and b* tended to increase and also stable at 36 hours postmortem, except that for LaiSind cattle at 48 hours. According to L* scale, the meat of Yellow and LaiSind cattle met the normal quality but the buffalo meat was considered to be dark cutters. The tenderness of longissimus dorsi was significantly different among the breeds (P<0.05). The value was highest at 48 hours and then decreased for LaiSind and buffalo, but for Yellow cattle the value decreased continuously after slaughtering In terms of tenderness buffalo meat and Yellow cattle meat were classified as “intermediate”, while LaiSind meat was out of this interval and classified as “tough”. Drip loss ratio was increased with the time of preservation (P<0.05). The cooking loss ratio was lowest at 12 hours and higher at the next period, but there was no significant difference among the periods after 36 hours postmotem.Peer reviewe

Primary Evaluation on Growth Performances of Stress Negative Piétrain Pigs Raised in Hai Phong Province of Vietnam

peer reviewedThe present study was carried out on 19 stress negative Piétrain pigs (Pietrain ReHal), consisting of 13 gilts and 6 young boars imported from Belgium, raised in the livestock farm of Dong Hiep (Hai Phong) in order to evaluate growth performances and their adaptability in the North of Vietnam. Results showed that the average body weight of the whole herd at 2, 4, 5.5, and 8.5 months old was 19.05, 51.05, 85.82, and 119.47 kg, respectively. During the growing periods, except the first stage, the male grew faster than the female and the pigs of the CT genotype grew faster than those of CC genotype although the difference was not significant (P>0.05). The average daily gain (ADG) was 528.56 grams for the whole herd. The ADG was higher for the male (546.48 grams) than for the female (520.29 grams), and its was higher for the CT than the CC, but the difference was not statistically significant (P>0.05). The feed conversion ratio (FCR) was 2.69 kg. The estimated lean percentage at 8.5 months old was 64.08%. The results indicate that Piétrain stress negative pigs could develop well on the farm conditions in Hai Phong, Vietnam