Modelling the impact of oil prices on Vietnam’s stock prices

The goal of this paper is to model the impact of oil prices on Vietnam’s stock prices. We use daily data for the period 2000–2008 and include the nominal exchange rate as an additional determinant of stock prices. We find that stock prices, oil prices and nominal exchange rates are cointegrated, and oil prices have a positive and statistically significant impact on stock prices. This result is inconsistent with theoretical expectations. The growth of the Vietnamese stock market was accompanied by rising oil prices. However, the boom of the stock market was marked by increasing foreign portfolio investment inflows which are estimated to have doubled from US$0.9 billion in 2005 to US$1.9 billion in 2006. There was also a change in preferences from holding foreign currencies and domestic bank deposits to stocks local market participants, and there was a rise in leveraged investment in stock as well as investments on behalf of relatives living abroad. It seems that the impact of these internal and domestic factors were more dominant than the oil price rise on the Vietnamese stock market.     

发展中的越南造纸工业

阐述了越南造纸工业的现状,尤其是列出了2007年生产量、消费量、进出口量、市场份额等;指出了发展中存在的主要问题;并提出了解决这些问题的对策措施以及造纸工业的发展规划。     

越南铜鼓及相关器物金相分析

铜鼓在中国和东南业地区有着悠久的历史，越南发现的大量古代铜鼓，为研究铜鼓的制作技术提供了宝贵的资料，对越南铜鼓及相关器物样品共97件进行了金相组织检测，部分样品进行了扫描电子显微镜观察。结果显示，铜鼓及其它相关器物全部铸造成形，依铸造冷却速度不同及合金元素含量不同，组织有别．其中有7件样品显示热、冷加工组织，应是铸件在使用过程形成的．越南铜鼓金相组织与中国铜鼓相似，从技术角度提供了中、越古代铜鼓文化交流传播的重要信息。     

Strengths, Weaknesses, Opportunities, and Threats for Architectural, Engineering, and Construction Firms: Case Study of Vietnam

After Vietnam became a member of the World Trade Organization, Vietnamese architectural, engineering, and construction (A/E/C) firms face competition from not only their domestic competitors but also from foreign A/E/C firms. As most Vietnamese firms are used to operating under a protected setting, they may face difficulties competing in the globalized environment. This study undertakes a strengths, weaknesses, opportunities, and threats (SWOT) analysis of Vietnamese A/E/C firms, investigates how they respond to opportunities and threats, and recommends how foreign A/E/C firms operating in Vietnam could respond. Using semistructured interview questions, face-to-face interviews were conducted with Vietnamese and foreign A/E/C firms. The SWOT analysis reveals that Vietnamese A/E/C firms are lagging behind foreign firms in financial capacity, experience in complex projects, knowledge in advanced design and construction technology, and management ability. Industry practitioners from outside Vietnam who are contemplating entering the Vietnamese market can leverage on Vietnamese firms’ strengths by forming joint ventures with strong and reputable private Vietnamese firms. To improve their competitive advantage, it is recommended that foreign A/E/C firms offer superior products and services and familiarize themselves with local culture and regulations. They should be mindful of corruption and set up surveillance systems to curb wasteful spending.     

Treatment presentation and adherence of Iraq/Afghanistan era veterans in outpatient care for posttraumatic stress disorder.

[Correction Notice: An erratum for this article was reported in Vol 7(3) of Psychological Services (see record 2010-17074-002). The copyright for the article was listed incorrectly. This article is in the Public Domain. The online version has been corrected.] The ongoing wars in Afghanistan (Operation Enduring Freedom or OEF) and Iraq (Operation Iraqi Freedom or OIF) make the development and application of effective postdeployment mental health treatment programs a high priority. There has been some concern that existing treatment programs for combat-related posttraumatic stress disorder (PTSD) may not fit well with OEF/OIF veterans confronted with acute mental health difficulties while reestablishing community, familial, and occupational connections after their deployment. This study utilized data gathered from a large outpatient Veterans Affairs Medical Center PTSD treatment clinic to examine differences in initial treatment presentation and treatment adherence (attendance and dropout) between a group of Vietnam era veterans (n = 54) and a group of OEF/OIF veterans (n = 106). OEF/OIF veterans reported lower levels of symptom distress on questionnaires assessing posttraumatic reexperiencing, avoidance, dissociation, and arousal symptoms but similar levels of anger and acting out behaviors and higher levels of alcohol problems. OEF/OIF veterans had significantly lower rates of session attendance and higher rates of treatment dropout than Vietnam veterans, and this difference was not accounted for by differences in treatment presentation. (PsycINFO Database Record (c) 2010 APA, all rights reserved)     

越南煤炭投资项目可行性研究

本文较为系统地介绍了越南的政治经济概况、煤炭生产情况以及投资环境,对在越南投资煤炭项目进行了经济技术分析,对于国内企业在越南的投资具有一定的指导作用。     

Characteristics of hydrogen production from steam gasification of plant-originated lignocellulosic biomass and its prospects in Vietnam

Demands for the decline of CO₂ emissions resulted in a significant transformation of the energy systems working on carbon sources towards more sustainable, clean, and renewable characteristics. Hydrogen is emerging as a secondary energy vector with ever-increasing importance in the decarbonisation progress. Indeed, hydrogen, a green and renewable energy source, could be produced from steam gasification of plant-originated lignocellulosic biomass. In this current review, key factors affect the hydrogen production yield from steam gasification of plant-originated lignocellulosic biomass, including the design of the gasifier, temperature, pressure, and steam-to-biomass ratio, steam flow rate, moisture and particle size of fed biomass, and catalysts were thoroughly analysed. Moreover, the effects of the abovementioned factors on the reduction of tar formation, which is also a key parameter towards ensuring the trouble-free operation of the reactor, were critically evaluated. More importantly, the separation of produced hydrogen from steam gasification of biomass and challenges over technological, environmental, and economic aspects of biomass gasification were also presented in detail. In addition, this paper is also profiling the prospect of Vietnam in fulfilling its hydrogen economy potential because Vietnam has vast biomass due to its tropical weather and availability of arable land, providing abundant lignocellulosic biomass with 45% of agricultural waste, 30% of firewood, and 25% of other sources. Besides, some primary factors hindering the broad application of biomass for hydrogen production were indicated. Finally, some solutions for implementing the hydrogenization strategy in Vietnam have also been discussed.     

Privatization,democratic reforms,and micro-governance change in a transition economy: Condominium homeowner associations in Ho Chi Minh City,Vietnam

This article addresses a dearth in the literature on condominium apartment CIDs in transition economies, focusing on change in grassroots urban governance both at the apartment building level and the neighborhood. The authors attempt to explain why apartment building CIDs, a long established phenomenon in many developed and developing countries, is emerging for the first time in Vietnam. The authors use a relational perspective, emphasizing the evolutionary and contextual factors determining the realization of Webster’s characterization of homeowner associations as ‘collective consumption clubs’, which manages micro attributes at a specific residential scale. The paper argues that the development and spread of condominium apartment CIDs in Vietnam resulted from the major policy shifts of housing privatization and democratization at the grassroots. These broad policy changes are important constitutive elements for institutional functionality of condominium CIDs to become viable and effective. Further, they describe how the private collective (i.e. homeowner association) in charge of apartment building management co-exists and complements neighborhood governance under the local government, creating differentiated grassroots governance, which is a radical shift from a pure state administration at both the neighborhood and apartment building levels, dominant during the pre-Doi Moi era. These issues are illuminated and analyzed through the use of both qualitative and quantitative primary data and review of public documents, and empirically described through the use of a case study of a condominium apartment CID in Ho Chi Minh City.     

越南某磷矿工艺矿物学研究

利用偏光显微镜、能谱仪、扫描电镜、XRF及MLA系统等对越南某磷矿进行了工艺矿物学研究.结果表明,该磷矿中P2O5含量为21.85％,为低品位磷矿,有害元素主要为SiO2,含量为34.73％,工业类型为硅质及硅酸盐型磷块岩;P2Os主要赋存在碳氟磷灰石中,少量赋存在银星石中;矿样中碳氟磷灰石主要为碎屑状、自形短柱状、微...