TESTING THE WEAK FORM EFFICIENCY OF VIETNAMESE STOCK MARKET DURING 2010 - 2016

After the financial crisis considerably affected the economy of developed countries, investors started to pay attention towards fast developing emerging markets. The study focuses on examining the presence of the weak-form efficiency for the Vietnamese stock market from 2010 to 2016. Using the relationship between the Efficient Market Hypothesis and the Random Walk Theory, three approaches are applied for the test of the independence of daily stock returns of Vietnamese stock index (VNI) and 10 representative stocks listed in Ho Chi Minh stock exchange (HOSE), namely: autocorrelation tests, runs tests and variance ratio tests. Collected data includes above stock returns from January 2010 to September 2016 and is divided into two cycles (January 2010 – January 2014 and January 2014 – September 2016). Although autocorrelation tests and runs tests show efficient sign of some stock returns in the second subsample, variance ratio tests reject the null hypothesis of random walk theory and market efficiency. As a result, the weak form efficiency of EMH does not hold for the Vietnamese stock market in the period of over more than 5 years 2010 – 2016.fi=Opinnäytetyö kokotekstinä PDF-muodossa.|en=Thesis fulltext in PDF format.|sv=Lärdomsprov tillgängligt som fulltext i PDF-format

TEACHERS’ PERCEPTIONS OF QUESTIONING AS PRE-TEACHING STAGE IN GENERAL ENGLISH CLASSES

Research into questioning, a form of inquiry to engage students in active and purposeful responses has witnessed its crucial role in teaching English as a foreign or second language. In particular, questioning, from the Socratic philosophy, is an interactive process that involves student thinking and communication of ideas and knowledge for effective learning. However, teacher questioning has not received much attention in English as a foreign language (EFL) classroom context in higher education in Vietnam. Moreover, classroom questioning and teachers’ perceptions of this instructional practice facilitating students’ higher-order skills in non-English majored classes remained scarce. This study therefore examines such perceived use of questioning within non-English majored classes at tertiary context. This paper focuses on the interview data, which explored how seven teachers perceived their respective use of questioning related to active learning of students in General English classes. The findings reveal how teachers perceived questioning as effective in several ways. The findings extend the literature on questioning strategies by providing insightful views into how teachers used questions to promote active learning of students, tailor their existing practices, and make informed decision-making processes for their future undertakings. The paper concludes by presenting implications for teachers and students for the quality instruction and professional growth.  Article visualizations

Evaluation Based on the Distance from the Average Solution Approach: A Derivative Model for Evaluating and Selecting a Construction Manager

In the current market of integration and globalization, the competition between engineering and construction companies is increasing. Construction contractors can improve their competitiveness by evaluating and selecting qualified personnel for the construction engineering manager position for their company’s civil engineering projects. However, most personnel evaluation and selection models in the construction industry rely on qualitative techniques, which leads to unsuitable decisions. To overcome this problem, this paper presents evaluation criteria and proposes a new model for selecting construction managers based on the evaluation based on the distance from the average solution approach (EDASA). The research results showed that EDASA has many strengths, such as solving the problem faster when the number of evaluation criteria or the number of alternatives is increased

Application of Grey System Theory in Construction Management

Materials are an important input in building construction. They account for a substantial proportion of investment capital and construction volume. However, as material prices are often affected by the market, choosing the right construction supplier is not an easy decision for contractors, especially for those materials required during the finishing phase of construction. As one of these finishing materials is paint, identifying core criteria for evaluating and selecting the best construction paint supplier is a crucial economic choice for construction contractors. Assessing the importance of these criteria is a complex multi-criteria decision-making problem. To reflect the risks and uncertainties in this problem, this paper presents a grey system theory approach to prioritize important criteria for selecting paint material suppliers in construction projects

Quality properties Of Vietnamese cocoa liquors

Vietnam (VN) is an emerging country targeting cocoa as a potential industrial domain. It is however still unclear how the quality of VN cocoa liquors can be positioned in the world cocoa supply. Three VN cocoa liquors exhibiting high to intermediate acidity (pH: 4.7 – 5.2) were selected to produce dark chocolate (48.0% sugar, 17.6% cocoa solids, 34.0% cocoa butter and 0.4% lecithin). A comparison study was conducted to investigate the difference between VN and Ghanaian (GH; pH: 5.6) dark chocolates in terms of Casson flow properties (yield stress sCA and viscosity hCA), hardness (F 20°C and F 30°C), water-soluble organic acid content, aroma profile and sensory evaluation. The impact of pre-treatments of cocoa liquor by ball-milling at different fat contents and conching (-C) was also examined

Digital Transformation of the Banking Industry in Developing Countries

Purpose:  The study's objective is to test the impact of digital transactions on banking performance. Based on the previous research and the actual situations, it has been recognized that the critical role of digital banking is in developing the banking industry, especially in developing countries.   Theoretical framework:  In the next section, the study presents background information to promote the research. The digital transformation has changed how customers use financial services. This has pushed banks to adapt more quickly to the wave of digital transformation if they don't want to lose their valuable customer base.   Design/methodology/approach:  the methodology applied uses POOL, FEM, REM, and FGLS models to examine the impact of banking transactions made by digital technology on the bank's deposit and lending revenue. This article studies banking operations on digital platforms from 2012 to 2019 in developing countries.   Findings: The article's findings showed that digital banks' flexible products and services bring many benefits with a high level of interaction, such as supporting the relationship between customers and banks and improving operating revenue.   Research, Practical & Social implications: Practical implications enhanced the development potential of digital banking is relatively large, stemming from the market demand development orientation of the banking industry.   Originality/value: The paper's originality and value help banks invest in digital technology as the way forward to better serve their customers

Two decades of studies on learning management system in higher education: A bibliometric analysis with Scopus database 2000-2020

Over the past twenty years, using learning management systems in higher education has attracted increasing interest from researchers around the globe. In this context, the current study aimed to explore the volume, growth trajectory, and geographic distribution of learning management systems in higher education literature, along with identifying impactful authors, sources, and publications, and highlight emerging research issues. The authors conducted bibliometric analysis on 1334 documents, related to the use of learning management systems in the context of higher education, extracted from Scopus database. The findings show a rapidly growing knowledge base on learning management systems in higher education, especially intensely in the years 2015-2020 and primarily from research in developed societies. This flourishing is consistent with the development trend of international education and the strong development of technology. In addition, the core literature was identified based on the volume of publications and citations. The results also reveal the emerging intellectual structure of the field and provide points of reference for scholars studying the discipline. This paper offers a knowledge map for future research assessments of learning management systems in higher education

Factors affecting the adoption of climate-smart aquaculture (CSAq) in the North Central Coast of Vietnam

Climate-smart aquaculture (CSAq) is considered an appropriate and effective adaptation approach for the coastal aquaculture sector under the climate change phenomenon. This study, applying probit model, aims to assess the influence of several factors on the farmers’ decision to apply CSAq practices in extensive coastal shrimp farming. Data were collected from interviews with 200 households who have both already applied and have yet to apply CSAq practices in five coastal districts of Thanh Hoa Province. The results showed six key factors that influenced the decision of the farmers to apply CSAq practices: availability of household labor; access to information on CSAq practices; market price of products applying CSAq practices; economic efficiency; ability to ensure food security; and improved pond environment when applying CSAq practices. These factors explained 69.41% of their decision to apply CSAq, among which economic efficiency had the greatest impact (30.2%). Market prices and access to information about CSAq are also important factors with respective levels of influence at 16.0% and 14.9%. The result implies that strengthening access to CSAq information and improving technical understanding of CSAq practices are important solutions to upscale CSAq in the North Central Coast of Vietnam

STUDY ON FLUORINATION AND HYDROGENATION IN TRANSPARENT CONDUCTING ZINC OXIDE THIN FILMS

Fluorination and hydrogenation are known as two methods for enhancing crystalline structural and electrical properties of ZnO material. The ZnO thin films normally require a low resistivity and a high transmittance for using as high-performance transparent electrodes in optoelectronic applications. In this study, we report successful preparation of fluorinated and hydrogenated ZnO thin films (FZO and HFZO) by using d.c. magnetron sputtering technique. The hydrogenation was carried out by depositing the films in hydrogen plasma atmosphere, while a highly-sintered body of ZnO and ZnF2 compound was employed as a sputtering target for the fluorination. The results show that the strong improvements in carrier concentration, mobility and resistivity of the FZO and HFZO films as compared to the pure ZnO films. The carrier concentration increases to 2x1020 cm-3 which is mainly due to the hydrogenation. The effect combination of the fluorination and the hydrogenation is responsibility for enhancing the mobility up to 43 cm2/Vs. These results give rise to two-order reduction in resistivity, from 0.06 Ohm.cm (ZnO) to 7.5x10-4 Ohm.cm (HFZO), which can be a good choice for thin-film electrode application. In addition, the crystalline structure and optical transmission of the films are also discussed

Optimization of Main Factors Affecting Construction Waste by the Supply Chain Management

A survey report of the Vietnam Urban Environment and Industrial Zone Association reveals that every day in 2009, about 1,000 tons of construction waste were generated in Hanoi and 2,000 tons Ho Chi Minh City in Vietnam. It is forecasted that the coming years would see a vigorously growing amount of construction waste as a result of the plan to dismantle and renovate old apartment buildings in major cities. So, in this research we developed a supply chain management strategy for the waste controlling in the construction industry. While the bulky volume of construction wastes poses a great environmental threat to urban areas, response to it remains meager. Hence, this paper presents four primary factors affecting the management of construction wastes in Vietnam using fuzzy logic