6 Vietnam Following in China's Footsteps: The Third Wave of Emerging Asian Economies

Chaponnière, Jean-Raphaël; Cling, Jean-Pierre; Zhou, Bin

doi:10.1093/acprof:oso/9780199580606.003.0006

Cited by 11 publications

(9 citation statements)

References 13 publications

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“…Secondly, this is the first study exploring managerial behaviour in Vietnamese banks. Research into management behaviour in Vietnamese banks is important, as Vietnam is one of the leaders in terms of economic performance within the Association of South East Asian Nations (ASEAN) region (Chaponnière et al, 2007;Pomfret, 2013). In order to escape competition pressure from the gradual deregulation and re-regulation process, banks in Vietnam may behave differently from those in other regional countries (e.g., stability or efficiency preference).…”

Section: Introductionmentioning

confidence: 99%

Management Behaviour in Vietnamese Commercial Banks

Nguyen

Nghiem

Roca

2016

Australian Economic Papers

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This study identifies managerial behaviour in Vietnamese banks between the years 2000 and 2014, based on the managerial framework of banks, as identified by Rossi et al. (2009). This framework is built on the interrelationships between efficiency, risk, capital and diversification. This study uses the Z-score to measure insolvency risk, the SFA to estimate cost efficiency, the ratio of total equity to total assets to capture bank capital, and the HHI index to measure the diversification of revenue and earning assets. The results from the 3SLS estimator indicate that revenue diversification has an insignificant impact on insolvency risk, capital ratio and cost efficiency, but earning assets diversification has a negative effect on these three variables, supporting "classical diversification", "economic capital" and "monitoring" behaviours. Moreover, a decline in cost efficiency leads to a rise in insolvency risk, implying "bad management" behaviour; an increase in risk results in a reduction in cost efficiency, indicating "bad luck" behaviour; and a reduction in capital ratio in the poorly capitalized banks leads to a growth in risk, suggesting "moral hazard" behaviour. The results remain strongly robust when using an alternative risk measurement (the loan loss provision ratio) and an alternative SFA model.

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Section: Introductionmentioning

confidence: 99%

Management Behaviour in Vietnamese Commercial Banks

Nguyen

Nghiem

Roca

2016

Australian Economic Papers

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“…Urbanization in these regions should be of particular concern, as well as the population-driven forces. The focus of global economic development has migrated to these regions and provided many opportunities for people to work in cities [55,56], which promoted large-scale population migration to metropolitan areas. These people prefer to live in metropolitan areas due to their improved human comfortability, such as convenient facilities.…”

Section: The Impacts Of Economic Development and Population Migrationmentioning

confidence: 99%

City-Level Comparison of Urban Land-Cover Configurations from 2000–2015 across 65 Countries within the Global Belt and Road

et al. 2019

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The configuration of urban land-covers is essential for improving dwellers’ environments and ecosystem services. A city-level comparison of land-cover changes along the Belt and Road is still unavailable due to the lack of intra-urban land products. A synergistic classification methodology of sub-pixel un-mixing, multiple indices, decision tree classifier, unsupervised (SMDU) classification was established in the study to examine urban land covers across 65 capital cities along the Belt and Road during 2000–2015. The overall accuracies of the 15 m resolution urban products (i.e., the impervious surface area, vegetation, bare soil, and water bodies) derived from Landsat Enhanced Thematic Mapper Plus (ETM+)/Operational Land Imager (OLI) images were 92.88% and 93.19%, with kappa coefficients of 0.84 and 0.85 in 2000 and 2015, respectively. The built-up areas of 65 capital cities increased from 23,696.25 km2 to 29,257.51 km2, with an average growth rate of 370.75 km2/y during 2000–2015. Moreover, urban impervious surface area (ISA) expanded with an average rate of 401.92 km2/y, while the total area of urban green space (UGS) decreased with an average rate of 17.59 km2/y. In different regions, UGS changes declined by 7.37% in humid cities but increased by 14.61% in arid cities. According to the landscape ecology indicators, urban land-cover configurations became more integrated (△Shannon’s Diversity Index (SHDI) = −0.063; △Patch Density (PD) = 0.054) and presented better connectivity (△Connectance Index (CON) = +0.594). The proposed method in this study improved the separation between ISA and bare soil in mixed pixels, and the 15 m intra-urban land-cover product provided essential details of complex urban landscapes and urban ecological needs compared with contemporary global products. These findings provide valuable information for urban planners dealing with human comfort and ecosystem service needs in urban areas.

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“…Over the last two decades, Vietnam has undertaken a programme of reforms that has dramatically changed the way the economy operates and led to accession to the World Trade Organization (WTO) at the beginning of 2007 (Chaponnière, Cling and Bin, 2007). These reforms have had three major socio-economic repercussions, which are briefly described in this section: rapid economic growth resulting in a sharp drop in poverty along with a certain rise in inequalities; growing integration into the world economy via an export-based growth strategy; and a boom in foreign direct investment flows, which have increased with WTO membership.…”

Section: Accession To the Wto Crowns A Process Of Reform And Integratmentioning

confidence: 99%

“…Chart 1: Average GDP growth rate (2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007) Chaponnière, Cling and Bin (2007).…”

Section: The Emergence Of Vietnam Since the Launch Of Doi Moimentioning

confidence: 99%

The distributive impact of Vietnam's accession to the WTO

Cling¹,

Marouani²,

Razafindrakoto³

et al. 2009

Économie Internationale

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The strong growth of the Vietnamese economy over the last two decades has brought about sweeping economic and social changes. In particular, there has been a sharp downturn in poverty along with an upturn in social inequalities (albeit not as sharp as in China). This makes the question of the distributional impact of the country's WTO accession (January 2007) a particularly keen one. The first simulations made using our micro-simulation model point to mainly four types of redistributive effects induced by WTO membership: job gains (especially industrial jobs), growth in real wages, reduction in gender inequalities, and increase in inequalities between rural and urban areas (but slight drop in overall inequalities). Our findings demonstrate the importance of flanking measures to accompany WTO accession and making the most the opportunities that arise, especially in the area of training, domestic migration, regional policies and assistance to wage earners affected by restructuring.

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6 Vietnam Following in China's Footsteps: The Third Wave of Emerging Asian Economies

Cited by 11 publications

References 13 publications

Management Behaviour in Vietnamese Commercial Banks

Management Behaviour in Vietnamese Commercial Banks

City-Level Comparison of Urban Land-Cover Configurations from 2000–2015 across 65 Countries within the Global Belt and Road

The distributive impact of Vietnam's accession to the WTO

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