JOURNAL OF FINANCE AND BUSINESS ADMINISTRATION, NUM 24.T12_2021

1. Sustainable development of the corporate bond market in Vietnam

Le Tuan Hiep

Through the review of documents, combined with the analysis of the actual situation,  the article has assessed the current situation of corporate bond issuance of Vietnam in the period  2016-2020. The results show that raising capital through bond issuance has brought many benefits  to businesses. In addition, the research also points out the limitations of the corporate bond  market, on that basis, some solutions are proposed for the sustainable development of Vietnam's  corporate bond market in the coming time. 

2. Private  economic  development  has  become  an important driving force of the Vietnamese economy

Pham Thi Hau

In  recent  years,  the  private  economy  in  our  country  has  developed  rapidly  and becoming an important driving force in Vietnam's economic development. After more than 35 years of reform, from being limited in development, the Vietnamese private economy has made great  strides,  make  an  increasingly  large  contribution to  the  economy.  The  elimination  of  all barriers and prejudices, creating all favorable conditions for healthy and right-oriented private economic  development  is  essential.  However,  at  present,  there  are  still  many  difficulties  and barriers  to  private  economic  development.  This  article  focuses  on  analyzing  the  role  and contribution of the private sector to the economy, pointing out the difficulties and barriers to the private economic development, thereby giving some solutions to develop the private economy into a dynamic an important force of the Vietnamese economy.

3. The determinants of corporate liquidity: evidence from unlisted public company market in Vietnam

Nguyen Tra Ngoc Vy, Nguyen Doan Thi Kieu Diem,  Nguyen Thanh Binh, Ha Thi Thanh Tra, Tran Thi Bich Ngan, Nguyen Hoai Nam

This study investigates the determinants of UPCOM companies’ liquidity in Vietnam. We use a sample of 819 UPCOM companies which are listed on Hanoi Stock Exchange for the period of 2015– 2019. By using panel regression models such as fixed effect, random effect, the results show that firm size, return on equity, quick ratio and dividend payout ratio are statistically significant and positively affect the cash holding of companies. On the other hand, leverage and two macroeconomic variables including real gross domestic product and inflation have negative effects on corporate cash holing.

4. Factors affecting outcomes of studying mathematics of students  at  The  University  of  Finance  and  Business administration

Pham Thi Loan

The study focuses on analyzing effects of factors including students’ characteristics,  quality  of  lecturers,  subject  factors,  teaching  methods,  university  facilities  on  outcomes  of students’ learning in Maths. The research is conducted based on the survey data from 282 second and third year students majoring in Accounting and Business Administration of the University of Finance and Business Administration. The results show that: the main factors arranged in order of  influential  level  from  the  highest  are  studens’characteristics,  university  facilities,  subject factors, students’ attendance. The quality of teachers and teaching methods do not really affect the outcomes of the students’ learning in Maths statistically. The results of the study also prove that there is  no difference in the mean value of learning outcomes between two faculties and two courses in the research group. The study suggests some proposals to improve the quality of math teaching and learning at University of Finance and Business Administration

5. Improving the operational efficiency of the Center of Foreign languages  -  Informatics of The University of Finance – Business administration, meeting the current training and retraining demand

Pham Minh Duc, Truong Thi Duc Giang

Currently, Vietnamese education ensures that 100% of the learners have good knwowledge of foreign languages and informatics to meet the output standards, which is the first goal of the competencies to be achieved by university students when they graduate. With efforts to improve the quality of teaching and learning, the Center of Foreign Languages and  Informatics  under  the  University  of  Finance  -  Business  Administration  has  been  a training  address  that  satisfies  the  needs  of  learners.  The  article  mentions  a  number  of solutions to improve the efficiency of the Center of Foreign Languages - Informatics under the  University  of  Finance  -  Business  Administration  to  meet  the  current  training  and retraining needs.

6. Dialectical relationship between company capacity and industry modernization

Bui Minh Duc, Nguyen Viet Hung

Industrialization and modernization have a dialectical relationship with the birth and development of enterprises. The procesess of industrialization and modernization is step by step promoting the development of social production forces, whereby forms of human production organization are born to adapt to the levels of production forces. Enterprises with samll, medium and  large  scale  are  forms  of  production  organization  that  people  create.  On  the  contrary, enterprises themselves are the market, the vast output of scientific and technological progress. Enterprises that select or eliminate products of the industrialization and modernization progress if those products bring or do not profits to the enterpise.

7. Identification and classification of environmental cost in  domestic  animal  feed  enterprises  in  Hung  Yen province for managing cost

Nguyen Thanh Huyen, Dang Thi Mai,  Nguyen Thi Huyen

Environmental cost management accounting is an issue that has not been focused on the majority of enterprises in Vietnam. In Hung Yen, the number of animal feed enterprises (AFEs) is relatively large, many of which are large FDI enterprises. FDI enterprises pay much attention to  management  accounting  in  general  and  environmental  cost  management  accounting  in particular. Meanwhile, domestic enterprises pay little attention to management accounting. The identification and classification of environmental costs help businesses detect environmental costs, have cost determination methods, to control costs effectively. The article mentions the current status of environmental cost identification and classification and complete solutions in AFEs in Hung Yen province for cost management.

8. The Role of Financial Policy in Prevention and Anti-corruption in Vietnam

Tran Thi Ha, Nguyen Thi Tinh

Corruption is a global phenomenon. Corruption and the fight against corruption are issues that always receive special attention from the Governments of countries. In Vietnam, corruption is recognized as a national problem, one of the four dangers of reducing people's trust in the Party, State and the socialist regime. Anti-corruption is identified as a long, difficult and complicated  struggle.  In  which,  financial  policy  has  played  an  important  role  in  this  one.  In addition to building strict and deterrent sanctions, an important task of anti-corruption is to build a  mechanism  to  prevent  corrupt  acts  through  the  financial  mechanism.  In  the  past  time,  the financial  policy,  especially  the  policy  of  budget  spending  and  credit,  has  made  an  important contribution  to  the  fight  against  corruption.  However,  there  are  some  remaining  points  and limitations.  The  article focuses  on  analyzing  the  role  of financial  policy  in  anti-corruption  in Vietnam and proposes some perfect solutions.

9. Solutions  to  increase  management  of  State  budget expendities Hanoi city

Nguyen Thi Bich Diep, Khong Van Ngu

State budget expenditure plays an important role in the socio-economic development of each locality. From practice, state budget expenditures are constantly increasing and there are always potential errors, requiring organization using the budget and authorities at all levels to strengthen the management of state budget expenditures. The article assesses the current state of state budget expenditure management in Hanoi in the 2018-2020 period, points out limitations and proposes a number of solutions to strengthen the management of state budget expenditures, helping to allocate, using the City's budget in accordance with the law, promoting rapid and sustainable socio-economic development.

10. Developing  logistics  activities  in  Van  Lam  district, Hung Yen province: situation and solutions

Truong Thi Thanh Loan, Do Van Dung

Logistics  is  an  important  link,  connecting  from  production,  distribution  to consumption. The economy can only function smoothly and synchronously when logistics activities develop. The author's article focuses on analyzing the current situation of logistics development in Van Lam district, Hung Yen province in recent years based on 5 factors including: Legal system, policies and mechanisms logistics management; logistics infrastructure; Services of Logistics; logistics human resources and other factors. At the same time, evaluate the achieved results, point out the limitations, weaknesses and causes of existence, then propose some basic solutions to develop logistics activities, successfully realize the goal of soon bringing Van Lam district back to normal become a strong industrial district of Hung Yen province in the near future.