The paper focuses on understanding fintech and the application of fintech in the banking sector in Vietnam. To solve this research objective, the authors analyze fintech development trends, especially the fintech application in the banking sector in Vietnam. To improve the quality of fintech services at banks, the authors conducted consideration of factors affecting customers' intention to use fintech services. To accomplish this, the authors collected data through a survey of 620 customers of the banks located in Ho Chi Minh City -the largest economic center in Vietnam. For the analytical method, the authors used multivariate regression to estimate the research model. Research results show that fintech service is very important for the banking sector in Vietnam. Moreover, this paper has achieved great success by identifying the factors that influence customers' intention to use fintech services. Accordingly, the intention to use fintech (INT) services is positively affected by the perception of usefulness (PU), social impact (SI), customer trust (TRU), and perceived ease of use (PEU). Based on the results of this study, bank managers will have a basis to improve the quality of fintech services. Not only that, the results of this study are also valuable for policymakers and researchers.
This paper investigates the impact of supply chain finance (SCF) and financial development on profitability of real estate firms in Vietnam over the 2013-2017 period. This is the first empirical research examining the impact of financial development on firm profitability. By employing GMM (generalized method of moment), this paper reveals the important role of supply chain finance (SCF) and financial development in profitability of real estate firms. Specifically, firm profitability (P) is influenced negatively by cash conversion cycle (CCC) and positively by financial development (FD). In addition, profitability is negatively correlated with control variable of financial leverage (LEV) and positively associated with control variable of firm size (SIZE). The findings reveal the role of supply chain finance and financial development in firm profitability which policymakers as well as managers at real estate firms can apply suitable methods in order to improve firms' profits. .
This paper investigates the impact of financial leverage and supply chain finance on firm performance of Vietnamese construction sector. Although there is a big gap in the literature needed to be filled, little empirical evidence can be found on this interesting topic. Therefore, the results are essential for Vietnamese firms, particularly those in construction industry. By adopting the generalized method of moment (GMM), the results reveal the significant influence of financial leverage and supply chain finance on the performance of construction firms. In particular, firm performance (FP) is more influenced by financial leverage (FL) than supply chain finance (SCF). The findings also show that supply chain finance plays a key role in enhancing firm performance. Meanwhile, more debts and their inefficient use exert a negative impact on firm performance, which is an unprecedented finding of this study..
The paper investigates the correlation between stock market, real estate market, and economic growth in Vietnam, which is an emerging country. Quarterly data in Vietnam from the third quarter of 2004 to the third quarter of 2018 were utilized. By using the Autoregressive Distributed Lag (ARDL) approach, the results reveal that economic growth is positively associated with stock market and real estate market. An unprecedented finding of this study is that economic growth (GDP) is more correlated to stock market efficiency (SME) than net trading value by foreign investors (FI). Moreover, global financial crisis (GFC) exerts a negative impact on economic growth and real estate market in Vietnam. Further, net trading value by foreign investors (FI) also negatively influences real estate market (REM) in the short term. The study has greatly succeeded in giving first empirical evidence on the relationship between stock market, real estate market, and economic growth in Vietnam. More than that, the results show the key role of global financial crisis in this correlation. The findings are valuable to economies around the world, especially bringing a practical and meaningful value to developing countries like Vietnam.
Supply chain finance has become an interesting research topic which attracts lots of attention from scholars recently, particularly after the global financial crisis. However, only few studies have examined the causal relationship between supply chain finance and firm performance. More specially, there is a big research gap when almost none of existing research has analysed the nonlinear impact of supply chain finance on firm performance. With this aim, this paper succeeds in giving first empirical evidence on the U-shaped nonlinear relationship between supply chain finance and the performance of seafood firms in Vietnam. Specifically, a bad performance of supply chain finance (the increase in cash conversion cycle -CCC) causes a lower firm performance (FP). Nevertheless, if any decrease in firm performance reaches its minimum (CCC*), the restructuring of the firm will gradually improve it. In addition, firm performance is significantly influenced by controlled variables of firm-specific, firm size (SIZE) and capital structure (CAP), and macroeconomic, economic growth (EG), factors. The findings are valuable for the management as well as scholars in bringing a more comprehensive perspective on the causal relationship between supply chain finance and firm performance.. 2020 by the authors; license Growing Science, Canada ©
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