Shortage in Access to Basic Social Services: A Case Study of Ethnic Minority Groups in Vietnam

The research uses shortages in the multi-dimensional poverty criteria and household living standards survey data collected by the General Statistic Office to evaluate the access to basic social services by ethnic minorities. The result shows significant differences in shortages between the Kinh and ethnic minorities, among ethnic minority groups and among localities. Differences in geographical location, level of development and lacking specific policies are the main causes. A number of policy recommendations has been made to narrow the gap in access to basic social services among ethnic minority groups in Vietnam. Keywords: Ethnic minorities, basic social services, shortage in access to basic social services, Vietnam DOI: 10.7176/EJBM/12-17-15 Publication date:June 30th 202

Monte-Carlo Determination of Dose Rates In Spherical Pressurized Water Reactor Shield

The nuclear reactor emits various kinds of nuclear radiations during operation. However, the main contributions to the radiation field in the reactor are given by neutrons and gamma rays. These radiation components are the principal concern of reactor shielding. In our study the neutron and gamma radiation dose rates at different depths in concrete bio-shield of the PWR were calculated based on spherical model for M-C simulation with using MCNP4C2. The simulation results were compared with  the results obtained from calculations based on S$_{8}$P$_{3}$ spherical approximation with using the ANISN code

Impact of Accounting Information on Financial Statements to the Stock Price of the Energy Enterprises Listed on Vietnam's Stock Market

This paper studies the impact of accounting information on financial statements to the stock price of energy enterprises listed on Vietnam's stock market. By using the OLS regression model and quantile regression model (QR), the author studies the influence of factors such as return on assets (Roa), capital structure (LV), enterprise size (Size), current ratio (CR), and accounts receivable turnover (Turnover) to stock prices. Data from this study were collected from 44 energy enterprises during 2006-2016. The results show that return on assets (Roa), enterprise size (Size), current ratio (CR), and accounts receivable turnover (Turnover) are positively correlated with the stock price, with an explanation level of 48.47%. Capital structure (LV) does not affect stock prices. Based on the research results, the authors propose some recommendations for investors and enterprises and suggest other research directions as well as adding new factors to the stock price. Keywords: accounting information; financial statement; stock price; energy enterprises JEL Classifications: E44, G2, Q4

Impact of Vocational Education and Training On Decent Job Opportunities Regarding Information and Communication Technology

Vocational education and training plays a crucial part in the creation of decent job. The fast growth of information and communication technology (ICT) during the past ten years has increased work opportunities for laborers. This research uses the yearly labor force survey data to study the impact of vocational education and training on decent job opportunities for employees in the context of Vietnam's information and communication technology development. The logit model results indicate that the 2020 rate of decent jobs is still low, at approximately 25.6 percent. However, vocational education and training and the advancement of ICT positively affect decent job opportunities. This long-lasting impact affects laborers in various areas, regions, and industries. These findings suggest that vocational education and training and ICT must play a significant role in transitioning from precarious to more secure employment, so laborers must acquire professional knowledge and information technology skills

The Nonlinearity of Working Capital and Cross-Sectional Stock Returns: Does Financial Constraints Matter?

This study is the first to examine the impacts of working capital (WC) and financial constraints on cross-sectional stock returns in Taiwan. The findings indicate a non-linear relationship between WC and stock returns. Moreover, the nonlinearity between WC and cross-sectional stock returns is robust after controlling for financial constraints, risk, and growth factors, before the Covid-19 pandemic. In contrast, there is no evidence of nonlinearity between WC and stock returns throughout the Covid-19 outbreak. In addition, the study shows that any deviations from the minimum WC level enhance the stock returns cross-sectionally. It is found that a positive Deviation effect exists in the Taiwan stock exchange before the Covid-19 pandemic by employing portfolio sorting methodologies. The return difference of the long buying highest Deviation and short selling lowest Deviation portfolios earn from 0.6% to 0.9% per month after controlling for financial constraints, risks, and growth factors. Interestingly, it is determined that the deviation effect becomes negative for small stocks during the Covid-19 pandemic, implying that investors prefer small stocks to maintain minimum working capital. The results support the trade-off theory and liquidity preference theory. Finally, the study provides insights into working capital management for managers, and investment strategies for investors during the pandemic

How Foreign Ownership and Competition Affect the Credit Growth of Commercial Banks: Evidence from A Transitional Economy

This study examines the relationship between foreign ownership and market competition, proxied by bank market power, affecting the credit growth of 32 commercial banks in Vietnam from 2010 to 2020. The Random Effects Model and the Dynamic System Generalized Method of Moments were used to analyze an unbalanced panel of 278 annual observations. The findings report that foreign ownership reduces credit growth, with each percentage increase in foreign ownership reducing credit growth by 0.74%. The results indicate an inverse U-shaped relationship between competitive advantage and credit growth, with a turning point of 0.46. The main findings were found to be robust after employing an alternative market power proxy. The study recommends that bank managers and policymakers limit foreign ownership and control commercial banks’ market power to promote sustainable credit growth

Effects of financial statements information on firms’ value: evidence from Vietnamese listed firms

The paper studies the effects of information reporting in financial statements on values of Vietnamese firms. The study uses panel data with 1,070 observations from 214 firms, which are listed in the stock market of Vietnam in the period from 2012 to 2016. Multiple regression results show that the growth, firm size, profitability, auditing quality and timelineness are positively related to firm values, whereas the capital structure, auditing explanation negatively affect that indicator. The paper also indicates the inconsistency in measuring firms’ value by different measures including EV, Tobin’s Q or share price. Moreover, the research results reflect that measuring firms’ value by EV is more appropriate. The results of empirical research are instructive for enterprises to improve the usefulness of information in financial statements, thereby enhancing enterprises’ values

CHARACTERIZATION AND MITIGATION OF VIETNAM COASTAL HAZARDS FOR SUSTAINABLE DEVELOPMENT

Joint Research on Environmental Science and Technology for the Eart