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

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

The Current Status of Secondary School Teacher’s Perception of Happiness in Nam Dinh Province during the Implementation Period of the 2018 General Education Program

In the current context of a major revolution in the Vietnamese education system, teachers’ perception of happiness makes an important criterion in evaluating effectiveness of the changes made to educational programs. The initial investigation of the positive effects of this renovation was conducted on the scale of Nam Dinh province and the results show multidimensional sources of information. In addition to positive information, there is still information that raises many questions for leaders to pay attention to. The outcome of the investigation suggests the evaluation of “The job is meaningful” is 3.10 out of 5 points, which is the lowest in assessment criteria. Meanwhile, the rates for “Completely disbelieve” and “Slightly disbelieve” in happiness of their profession in the future take up a large proportion (24.4%). However, other criteria namely “Being satisfied with current position” and “Feeling motivated with the job” received higher evaluation scores, respectively 4.05/5 points and 4.11/5 points. Via the results of the research, the author is looking forward to appropriate actions taken by the Ministry of Education and Training of Vietnam with a view to enhancing the perception of happiness among teachers

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

STUDY ON REMOVING COLOR IN THE EXTRACT SOLUTION FROM VEGETABLES FOR ANALYZING ORGANOCHLORIDE PESTICIDES RESIDUE IN HANOI MARKETS

Joint Research on Environmental Science and Technology for the Eart

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

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

Saponins isolated from the Vietnamese sea cucumber Stichopus chloronotus.

Using various chromatographic methods, three triterpene saponins neothyonidioside (1), stichoposide D (2), and holothurin B (3), were isolated from the methanol extract of the sea cucumber Stichopus chloronotus. Their structures were elucidated by 1D and 2D-NMR experiments and comparison of their NMR data with reported values. Compound 1 was isolated from S. chloronotus for the first time

The relationship between brand equity and intention to buy: the case of convenience stores

The research aims to identify the components of brand equity that affect consumer purchasing intentions and measure the effect of brand equity components on the intention of consumer purchases at the convenience stores in Ho Chi Minh City. The authors conduct the group discussions, expert discussion, and then analyze data from 200 valid questionnaires with four components of brand equity, namely perceived quality, brand loyalty, brand association, brand awareness. The results of Exploratory Factor Analysis (EFA) show that all four elements have a positive effect on the customer' intention to purchase in the convenience store of Ho Chi Minh City. In particular, the brand association factor has the strongest influence, followed by perceived quality, brand awareness, and brand loyalty. This research contributes that the results confirm the theory of Aaker (1991), Brown and Stayman (1992), Cobb-Walgren et al. (1995), MacKenzie (1986) in the new context of convenience stores in Ho Chi Minh City, Vietnam. Besides, the study gives some recommendations to help convenience stores improve the elements of brand equity and it, to enhance attraction for consumers

Isolation an agar degradation Bacillus sp. AT6 and preliminary application for seaweed saccharification

Background: Agar is a common polysaccharide found in nature. However, agar is strongly resisted to the degradation processing, leading to limitation of its application in various areas. Thus, finding an effective solution for agar saccharification significantly improves the economically effects of agar based substrates.Methods: Soil samples were collected from TienPhong Forestry Ltd. Company, ThuyXuan District, ThuaThien Hue province, Vietnam. Potential agar degrading bacteria were screened on a mineral salt agar medium. The isolate was identified based on 16S rRNA nucleotide sequence, morphological, physiological, and biochemical characteristics. Agarase production was evaluated by modification culture conditions including incubation time, shaking speed, and initial inoculum size. Molecular mass of extracellular agarase was determined by native SDS-PAGE. The effect of pH, temperature, metal ions, and organic solvents were conducted for enzyme characterization. Application of enzyme was investigated on seaweed saccharification.Result: An agar degrading bacterial strain was isolated from soils and identified as Bacillus sp. AT6. Maximal agarase accumulation obtained in the culture containing an inoculum size of 10% (v/v), shaking speed of 210 rpm, and 96 hours incubation. The agarase revealed a single band on zymogram analysis with an apparent molecular weight of 180 kDa. The optimal temperature and pH were 40°C and pH 8.0, respectively. All tested metal ions and organic solvents partially decreased enzyme activity. Treatment seaweed by agarase resulted in reducing sugars release present in the reaction, indicating the saccharification of seaweed was succeeded.Conclusion: Bacillus sp. AT6 is a new report of agarolytic bacteria that produces extracellular agarase enzymes. The present results promise strain AT6 is a great candidate for agar saccharification for industrial application