Non-performing loans has always been a serious concern for the banking system in Vietnam over the years, especially after the financial crisis year 2008. The huge volume of non-performing loans may lead to severe consequences for the whole economy at both macroeconomic and microeconomic level....

The relationship between education and economic growth has always been considered a fundamental concern of many economists as well as governments. This research provides empirical evidence of the education true effects are not well understood, especially in Vietnam. This research provides...

Governance plays a crucial role in most activities of socio-economic life. For any organizations, units, businesses or higher, a country, a community, the role of governance becomes more important than ever. For businesses, with globalization taking place and market becoming more competitive...

This research provides empirical evidence of impact of public expenditure for education on economic growth in Vietnam from 2000 to 2015. In addition, effect of human capital quality is also attacted into the research to examine its impact on economic growth. Specifically, for relating...

As a main function of bank is accepting or borrowing from their customers or credit institutions to make loans to others, default risk is the oldest, the most important and primary risk in banking sector. Especially in these years after the recent financial crisis, a huge amount of banks' loan...

As the main function of bank is borrowing from their customers to make loans to others, so default risk is the oldest, the most important and primary risk in banking sector. Especially in these years after the recent financial crisis 2008, a huge amount of banks' loan unfortunately became bad...

Along with monetary tools, fiscal policies have been strong instrument of the government to boost the economy, especially in recession periods, as a reason, the government always has to face budget deficit, whose effect is still controversial. Thus, this paper is aim to clarify the impacts of...

Vietnamese stock market is considered immature and unstable as the outside influence of economy and the weakness of market system. Herding behavior tends to exist in emerging market with lack in transparency, efficient information and macro financial management. Therefore, this research is...

TheModern Portfolio Theory has its benchmark which is theMarkowitz's Mean-Variance portfolio optimisation. However the Markowitz's Mean-Variance optimisation of portfolios with options (even simple products such as call or put) is a particularly difficult task, as the asymmetric returns of...

In this paper, we extend the framework of Leland's 94 by examining corporate debt, equity and firm values with jump-difffusion processes. We choose two kinds of jumps such as the uniform and double exponential jumps to model the distribution of the log jump sizes. By this choice, we are able to...