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Book part
Publication date: 30 September 2021

Tran Dac Loi

In this chapter, the author relates the historical trajectory of the Vietnamese revolution and its relentless willingness to build socialism despite external aggressions, first…

Abstract

In this chapter, the author relates the historical trajectory of the Vietnamese revolution and its relentless willingness to build socialism despite external aggressions, first colonialist (France), then fascist (Japan), and finally imperialist (United States). The author traces the analysis back to the August (1945) revolution and the founding of the Democratic Republic of Vietnam. The author continues with the 30 years of wars for national independency, then with the two very difficult decades after the wars. The author studies the so-called “Doi Moi” (renewal) period and the economic advances it allowed, then the political aspects of the Vietnamese socialist system, before exposing the questions of international relations.

Details

Imperialism and Transitions to Socialism
Type: Book
ISBN: 978-1-80043-705-0

Keywords

Book part
Publication date: 8 December 2007

Lynn Kwiatkowski

Wife battering has important impacts on the health of battered women, both in the short and long term. This form of gendered violence has been a significant problem in Vietnam…

Abstract

Wife battering has important impacts on the health of battered women, both in the short and long term. This form of gendered violence has been a significant problem in Vietnam. Recent economic, social, and cultural changes occurring in Vietnam, with a transformation toward a socialist-oriented market economy through the state's doi moi political program, have influenced multiple aspects of wife battering. These include perspectives of wife battering, battered women's access to health care, conceptualizations of the household, and the emergence of new international health programs for battered women. Women's health problems derived from wife battering must be understood as processes that are informed by cultural, political, and economic change, on both a societal level and in the lives of individual women experiencing this form of gendered violence.

Details

The Economics of Health and Wellness: Anthropological Perspectives
Type: Book
ISBN: 978-1-84950-490-4

Content available
Book part
Publication date: 30 September 2021

Abstract

Details

Imperialism and Transitions to Socialism
Type: Book
ISBN: 978-1-80043-705-0

Book part
Publication date: 11 June 2021

Ngoc Le and Vanessa Ratten

Digital marketing is becoming the dominant marketing communication method for companies and consumers around the world. The reason for this is due to the real time communication…

Abstract

Digital marketing is becoming the dominant marketing communication method for companies and consumers around the world. The reason for this is due to the real time communication advantages that make it an effective marketing method. The aim of this chapter is to focus on how digital marketing relates to social entrepreneurship in Vietnam, thereby offering a new perspective on the role of social entrepreneurship in developing digital marketing techniques. This will contribute to the existing literature on digital marketing and social entrepreneurship by extending it to an emerging economy setting. Implications for practitioners and policymakers are given that highlight the need for more social enterprises to incorporate digital marketing techniques.

Article
Publication date: 23 April 2019

Lisa-Uyen Nguyen

This study aims to explore the suitability and challenges of implementing fair value accounting (FVA) in Vietnam, an emerging/transitioning economy. While such implementation…

Abstract

Purpose

This study aims to explore the suitability and challenges of implementing fair value accounting (FVA) in Vietnam, an emerging/transitioning economy. While such implementation would enable convergence with International Financial Reporting Standards, standard setters and auditors have raised practical concerns about its adoption.

Design/methodology/approach

This qualitative study uses semi-structured interviews with regulators and auditors, together with an analysis of two fraud cases that illustrate the business environment in Vietnam. Public, private and capture theories guide the analysis.

Findings

The business and institutional environment in Vietnam creates several impediments to FVA being effectively implemented and transparently applied. Given the major challenges identified regarding the infrastructure necessary for this valuation system, the premature adoption of FVA may become a catalyst for corporate misconduct.

Research limitations/implications

The findings are derived from data aggregated from two fraud cases and interviews, and as such, the results may not be generalisable to other settings. However, these findings may inform future research, particularly after the Ministry of Finance provides further guidance on the use of FVA in Vietnam.

Practical implications

A timely and critical examination of the challenges of implementing FVA in a transitioning economy is provided, and the two fraud cases reveal the complexities of the business environment in Vietnam.

Originality/value

This research gives voice to the tensions that developing countries are confronting as they seek to balance external pressures with internal constraints. The introduction of an assemblage of three theoretical lenses enables insights into contemporary issues associated with applying FVA in such settings.

Details

Journal of Accounting & Organizational Change, vol. 15 no. 2
Type: Research Article
ISSN: 1832-5912

Keywords

Open Access
Article
Publication date: 16 September 2020

Tho Anh To, Yoshihisa Suzuki, Hong Thu Thi Ho, Siem Thi Tran and Tuan Quoc Tran

This study investigates the impact of board independence on firm risk of Vietnamese listed firms and the moderating effect of capital expenditure on this relationship.

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Abstract

Purpose

This study investigates the impact of board independence on firm risk of Vietnamese listed firms and the moderating effect of capital expenditure on this relationship.

Design/methodology/approach

This paper applies fixed effects and dynamic generalized method of moments (GMM) models to examine hypothesized associations between the proportion of nonexecutive directors and stock return volatility, as well as the moderating effect of capital expenditure. The robustness tests are implemented by applying alternative measures of overinvestment and firm risk.

Findings

The results show that the presence of nonexecutive directors on board increases firm risk. However, the combination of nonexecutive ratio and capital expenditure ratio has a significant negative impact on firm risk. The result is also confirmed by the difference between the monitoring role of nonexecutive directors in overinvesting and underinvesting firms.

Research limitations/implications

The results imply that Vietnamese listed firms take stock return volatility into consideration before nominating and appointing nonexecutive directors into their board, especially in overinvesting firms. From another perspective, the shift toward having a majority of nonexecutive directors on boards can play a significant role in pursuing a stable or risky business strategy.

Originality/value

This paper investigates the influences of nonexecutive directors on firm risk in the context of Vietnam.

Details

European Journal of Management and Business Economics, vol. 30 no. 2
Type: Research Article
ISSN: 2444-8451

Keywords

Open Access
Article
Publication date: 20 May 2022

Hoai Nguyen, Toan Luu Duc Huynh and Anh Ngoc Quang Huynh

481

Abstract

Details

Journal of Asian Business and Economic Studies, vol. 29 no. 2
Type: Research Article
ISSN: 2515-964X

Keywords

Book part
Publication date: 26 November 2019

Trupti Upadhyay and Subhankar Parbat

Vietnam is a land that has seen turbulent past and has faced huge damage as being a land for proxy war between the USA and the USSR, but yet it has risen and liberated itself out…

Abstract

Vietnam is a land that has seen turbulent past and has faced huge damage as being a land for proxy war between the USA and the USSR, but yet it has risen and liberated itself out by adapting renovation or Doi-Moi as it is formally called in Vietnam. The purpose of this chapter is to identify the major impact of trade liberalization and trade integration on the Vietnamese economy. Through this chapter we have tried to bring out the changes that took place in the Vietnamese economy post liberalization. The structural change that took place in the Vietnamese economy due to liberalization is analyzed in this chapter. We have used paired sample T-test and Chow Test (F-Test) to observe the change as Vietnam joined the WTO. The effect that the various policy and FTA that Vietnam had after joining the WTO will be analyzed through this chapter.

Details

The Gains and Pains of Financial Integration and Trade Liberalization
Type: Book
ISBN: 978-1-83867-004-7

Keywords

Article
Publication date: 14 June 2013

Hai Thi Hong Nguyen, Steve Wood and Neil Wrigley

The purpose of this paper is to trace the modernisation of the retail structure of Vietnam from a closed market to one that is increasingly open to retail transnational…

1910

Abstract

Purpose

The purpose of this paper is to trace the modernisation of the retail structure of Vietnam from a closed market to one that is increasingly open to retail transnational corporation (TNC) entry and associated Western retail formats.

Design/methodology/approach

The authors undertake this study of retail change through the analysis of a wide range of governmental and industry secondary data – much of which has not entered western academic debate given the challenges of access and translation. In doing so, this period of adaptation is related to well‐known studies concerning the diffusion of western forms of retailing discussed across the social sciences.

Findings

As a country encountering the third wave of supermarket proliferation within emerging markets, Vietnam's experience is found to broadly fit the models of retail foreign direct investment (FDI) entry and retail “modernisation” suggested by Natawidjaja et al. and Dries et al. The retail change process was affected by a slow, progressive creep of market liberalisation where, as late as 2009, a foreign partner could hold only up to 49 per cent of capital in a joint venture. While analysis of the evidence suggests some retailers flouted these laws or employed creative approaches to mitigating their effects, such regulations clearly underpinned a less intense initial influx of retail FDI than had been experienced elsewhere in Asia and maintained a high domestic ownership level in the retail market. Retail modernisation has intensified in recent years, with greater international entry, expansion and retail format proliferation diffusing from cities to more rural locations, though the top five grocery operators still account for less than 4 per cent of the grocery market.

Originality/value

Studies within retail management of retail internationalisation have tended to focus on fully liberalised countries that have attracted high rates of retail capital. In contrast, this paper focuses on understanding the emergence of one of the countries somewhat later to these trends.

Details

International Journal of Retail & Distribution Management, vol. 41 no. 8
Type: Research Article
ISSN: 0959-0552

Keywords

Content available
Article
Publication date: 10 August 2012

Gizem Öksüzoğlu Güven

408

Abstract

Details

International Journal of Entrepreneurial Behavior & Research, vol. 18 no. 5
Type: Research Article
ISSN: 1355-2554

Keywords

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