The workshop focuses on analyzing the role of Foreign Direct Investment (FDI) in economic development and productivity growth in Viet Nam, with particular emphasis on the quality of institutions as a potential moderating variable.
The workshop analyzes the current situation and challenges and proposes strategic solutions to integrate the informal economic sector into Vietnam's formal economy.
The workshop focuses on the role of talent as a key driving force but also a major challenge for Vietnam's growth model, especially in the high-tech and innovation sectors.
Macroeconomic Workshop Q1/2025: The road to double-digit growth - Dr. Nguyen Xuan Hai (Hathaway Policy)
This seminar assesses Vietnam's economic situation in the first quarter of 2025 and proposes necessary solutions to achieve the goal of double-digit growth.
The workshop analyzes the modern economic growth model, emphasizing that sustainable development no longer depends on increasing capital and labor, but mainly on improving Total Factor Productivity (TFP), which includes technology, knowledge, and management quality.
The workshop presents changes in Vietnam's population age structure, impacts on the golden population period in economic terms, challenges and opportunities in healthcare and long-term care, and the potential of a care economy.
The workshop focuses on the strategy for Vietnam to overcome the middle-income trap and achieve sustainable development.
This seminar presents an econometric study that analyzes the complex relationship between stock price synchronicity and stock liquidity on a global scale, with a special focus on the regulatory role of the quality of national institutions.
The workshop focuses on the inefficient allocation of capital and labor among different industries and forms of ownership in Vietnam's economy
This presentation outlines research on Foreign Direct Investment (FDI) in Vietnam, focusing on measuring the country's economic complexity. The study uses global export data and Vietnamese enterprise surveys to analyze and compare the production capabilities of different business groups, including FDI and domestic firms. The goal is to identify which industries hold a comparative advantage and to understand the capability gap between foreign-invested and local companies to provide policy recommendations.
This workshop discusses a research paper focused on measuring technical efficiency and resource misallocation in the Vietnamese fishery sector. The core objective of the study is to understand how government policies and technological progress affect the productivity and sustainability of the industry.
This workshop presents a research paper that analyzes the impact of climate change and government policy on the Vietnamese agricultural sector, with a specific focus on rice production. The core of the research is a novel econometric method for handling complex data to provide more accurate and trustworthy policy recommendations.
Seminar: Are Maths useful for Economics? - Prof. Le Van Cuong (CASED, Paris School of Economics)
The workshop will explain fundamental economic concepts through mathematical models. Specifically, the lecture provides answers to the following questions: (a) Why is the price of goods always positive? (b) Does the demand for goods always decrease when prices rise? (c) What is the basis for the formation of the supply curve of goods? (d) Does market economics entail a balance between the supply and demand for goods? (e) Is the famous assertion that an increase in the supply of goods always reduces equilibrium prices true? (f) Why do many monopolistic companies benefit from grouping?
Workshop: CASED Round Table - Prof. Le Van Cuong (CASED, Paris School of Economics)
CASED Roundtable Workshop is aimed at discussing and sharing experiences in studying and researching Economics, with guest speakers being professors, lecturers, and alumni from universities in France, the United Kingdom, Australia, and Germany. During the workshop, the speakers share insights on (i.) choosing the right university, finding suitable scholarships; (ii.) preparing knowledge, identifying and improving the limitations faced by Vietnamese students studying abroad; (iii.) experiences in conducting research in the field of Economics at the Master & and Ph.D. levels in foreign universities; (iv.) career paths after studying abroad; (v.) the support provided by the Pre-Master & PhD in Economics Program for Vietnamese students pursuing Master’s & PhD’s degree abroad.
Webinar: PSU Master John Gallup & K7 - Prof. John Gallup (Portland State University)
This webinar introduces the Master & program at Portland State University (PSU), presented by Professor John Gallup, a professor of Economics at PSU. PSU is a public research university located in Portland, Oregon. The Master & program in Economics at PSU is one of the few graduate programs in the United States that offers scholarships to students.
Scientific research and Research publications in Viet Nam - Prof. Le Van Cuong (CASED, Paris School of Economics)
This seminar investigated the current situation of Research Publications in Vietnam, with discussion from various professors, doctors in different fields (mathematics, medicine, economics, chemistry, physics, history, etc.). The speech aims to provide insights and answers for raised question: Is is the trend that many researchers in Vietnam are pursuing scientific research to reach best quantity of publications, but not to improve quality of publications? Tia Sang Magazine will synthesize and write an article to present the discussed issue
Optimal growth models - Prof. Le Van Cuong (CASED, Paris School of Economics)
In this course, three important growth models will be presented. The lecturer guides learners to discuss on following socio-economic policies: (i) Public spendings: In particular, with Ramsey Model, we show that the impacts of public spendings change with the date of the announcement of the policy; (ii) Debt and its reimbursement; (iii) Covid shock
Forecasting and Simulations of Economic Policies for Vietnam Economy in 2022 - Dr. Le Nguyen Minh Phuong (Paris Saclay University, France & Banking University Ho Chi Minh city, Vietnam); Prof. Le Van Cuong (Paris School of Economics, French National Centre for Scientific Research, France); Dr. Vo Dinh Tri (IPAG Business School, Frame; University of Economics Ho Chi Minh city, Vietnam)
The webinar presented a short-term macro-econometric model, to simulate and forecast Vietnam economy in 2022. The parameters of the main equations were also evaluated. The structure of the model is Neo-Keynesian, where the demands determine the GDP. There is only one aggregate good which is used for consumption, investment and foreign trade. The presentation was as follow: Section 1 presented Methodology and models; Section 2 presented Data and hypothesis; Section 3 presented the Simulation and forecast results. The presentation also simulated impacts of some economic policies or the world economic situation.
Total Factor Productivity: Why does productivity matter? - Prof. Le Van Cuong (CASED, Paris School of Economics)
Productivity is a key concept in economics and crucial for economic growth. The presentation provided theoretical models explaining the relationships between total factor productivity and economic growth, total factor productivity and competitiveness. Specifically, the presentation examined several economic models, including Harrod model, Solow model, and Ramsey model, depicted some limits of the applied models and concluded that endogenous growth models can resolve the question. Furthermore, the presentation investigated labor productivity and found that labour productivity can be increased by laying off inefficient workers.
Short term Macroeconomic Policies - Prof. Le Van Cuong (CASED, Paris School of Economics)
The webinar analyzed a short-term model of macroeconomic policies. The webinar also examined the The Keynesian situation corresponds to the case, and other cases, including two disequilibrium cases of classical situation, repressed inflation situation and the idyllic situation: Walras situation.
New Technology, Human Capital, Total Factor Productivity, and Growth Process for Developing and Emerging Countries - Prof. Le Van Cuong (CASED, Paris School of Economics)
The virtual webinar – lecture provided general information of how important several variables: technology, human capital and total factor productivity are in developing economy. Professor Le Van Cuong guided learners to apply different economic views and models to answer the proposed question: reviewing Solowian view on miracle growth rate in NIEs, reviewing Krugman’s view, etc. The webinar concluded that physical capital and human capital are important for the short-term and mid-term development of emerging Asian economies, while total factor productivity is the core factor in long-terms. The webinar also provided a theoretical model to define an endogenous threshold of development from which a country is encouraged to adopt new technologies and human capital formation, and builds a part of its growth process on technological advances. Before reaching this threshold, the country must root its growth process in capital accumulation.
How Does the COVID-19 Vaccination Matter? A Spatial Analysis - Dr. Cong S. Pham (Deakin University, Australia)
The virtual webinar briefly introduced and explained the published paper “How Does the COVID-19 Vaccination Matter? A Spatial Analysis”. The paper studied the impact of the COVID-19 vaccination on the COVID-19 cases and deaths by applying the instrumental variable estimator to spatial regression models and data of US counties for the period of January 01, 2021, to November 15, 2021. The paper documented robust evidence of significant spatial effects in both the dependent and the main explanatory variables of interest. It is found that the COVID-19 vaccination significantly increased the COVID-19 infection and death ratios in the total county population for the whole period considered in this study. Dr. Cong Pham provided some explanations for these findings: two opposite effects of the COVID-19 vaccination of two age groups (aged 65 and below, aged over 65), and the disproportionate moral hazard issue.
Covid-19 from the beginning of the pandemic to the vaccination process: Molecular biology, clinical symptoms and epidemiology of COVID-19 – current and future challenges - Prof. Doctor Dinh Xuan Anh Tuan (Cochin Paris Hospital, France)
The speech briefly explained new variant of corona virus “Delta”, as well as the mechanism of the protein spikes of the virus and how it may pose a new challenge in the pandemic fight for the community. Dr. Dinh Xuan Anh Tuan also described the Cyntokine storm that averagely 10% of people got infected from Covid-19 may experience, threats to human’s immune system and remaining questions in this matter. To conclude, Doctor provided an overview of the current surge of the Delta variant in big cities, and suggested some coping strategies to minimize the infectious rates of Covid-19.
Healthcare, Economy, Society and Covid-19 - Dr. Nguyen Ngoc Anh (DEPOCEN, CASED, Vietnam); Prof. Tran Nam Binh (University of New South Wales, Australia); Dr. Le Thai Ha (Fulbright University Vietnam); Dr. Pham Khanh Nam (University of Economics Ho Chi Minh city, Vietnam); Dr. To The Nguyen (Hanoi National University, Vietnam); Dr. Nguyen Van Phu (French National Centre for Scientific Research, France); Dr. Phung Duc Tung (Mekong Development Research Institute)
The webinar discussed several questions relating to the healthcare system and impacts of Covid-19 impacts on economy, society of Vietnam. The speakers reviewed some suggestions for relieving severe consequences of Covid-19 on Vietnamese economy, including shifting from controlling the pandemic to putting economy first, potential threats when reopening the economy, strategies to cope with surge of community infection when enact “vaccine passport” policy. The speakers also discussed solutions to ease the burdens of Vietnam business in Covid-19 time, as well as predicted the potential GDP growth of Vietnam in the last half of 2021.
Buddhist philosophy in terms of history and science - Dr. Trinh Dinh Hy (Saint-Antoine Hospital, Orléans Regional Hospital Center, France)
The speech gave insight into Buddhism from historical and scientific perspectives. In term of history, we discuss the emergence of Buddhism, the Buddha’s message, Buddhism’s division into different schools and distinction in the original/martyrdom philosophy. The religion has its origins from Brahmin in politic-socio-cultural context, which had later been substituted by the Buddhism. As the third Gathering Conference needed to preserve suttas, Buddhism had developed its own language and writing. Buddha’s original message stems from Pali scriptures. The proliferation and separation of sangha had prompted dissent in Gathering Conference, leading to the advent of different schools of Buddhism. The Sutras, Mahayana Commentary doctrines are significantly different from the original ones and focus on ontology rather than phenomenology. In term of science, Buddhism is considered as the most compatible religion with science since it is based on intellect rather than belief and is fairly practical. Moreover, it has developed to the third period as science after theology and metaphysicalism. Buddhism also offers application philosophy and psychotherapy in the form of meditation. Meditation has exerted positive effects on cognition, affection, brain structure, and physiology.
COVID-19: Why should we get vaccinated? Effects of vaccination? - Prof. Dinh Xuan Anh Tuan (Paris Descartes University)
The presentation gives information about SAR-Covid 2 virus and COVID-19 vaccine. First, the virus is a simply structured creature yet has an array of adaptations to break into human cells. By means of latching onto ACE2 receptors on human cells, the virus hijacks the host’s cellular machinery, doubling and later infecting other people. The factors influencing the incidence and outcome of SAR-CoV-2 infections are the charge virale, the virus’s adaption to the body through ACE2 and responding inflammation. People with comorbidities such as diabetes, lung disease are more vulnerable to the virus. Vaccination has been developed to protect human body against this virus. To be more specific, the vaccine affects the immune
Trading Partners in Economic Development? - Prof. Pham Hoang Van (Baylor & Hankamer School of Business)
The presentation discusses two main topics, including exporting destination as a source of information for a developing country and introducing a new network-based measure to capture information flow to a firm. The first topic takes into account the simple centrality measures (degree centrality, closeness, betweenness), self-referential centrality measures and illustrates some network configurations. The second topic suggests the alpha-centrality measure along with its benefits such as emphasizing on firm-level measure, incorporating direct effect of exporting and the spillover effects and extending to other types of links between firms.
Human Development As the Expansion of Work Capability: An Examination of Vietnam - Dr. Duong Duc Dai (University of Missouri-Kansas City)
The application of Capability Approach in human development has been limited in the field of work and employment. Specifically, work-related capabilities have been excluded in measuring human development. Therefore, the article introduces work capability, which consists of work opportunity and work autonomy, and aims to show the importance of work capability in shaping human development. A structural equation model is applied to operationalize work capability and examine its relation to essential capabilities. The model is applied to Vietnamese employees using data from the Vietnam Household Living Standards Survey 2014. The estimates show that work capability has positive effects on essential capabilities. Furthermore, based on the predicted estimates of capabilities, a human development score for each individual is calculated in two situations: one excluding work capability and another including work capability. The result shows that, on average, the score including work capability is lower than the other score (excluding work capability) by 24.48%. By extrapolation, this result indicates that the exclusion of work capability makes the human development measurement overstated and biased. Overall, both the positive relation between work capability and other essential capabilities, and the difference between individual human development scores reveal that work capability, directly and indirectly, contributes to human development. Therefore, for employees, the loss of their work capability in exchange for a wage should be recognized a deficit in their human development. The article advocates integrating work capability into human development measurement, and raises attention on solutions for achieving human development via the expansion of work capability.
Does Salary Bonus Impact The Economy? - Professor Le Van Cuong (CASED, Paris School of Economics)
Total factor productivity (TFP), for a country and for a firm as well, is a crucial element for economic growth by inducing high output. Actually, workers' effort is among the important factors that positively influence the TFP. In this paper, the authors assume that the wage bonus enhances the workers' effort. Wage bonus is an incentive mechanism and plays a role in the TFP as is shown in a recent paper by Le Van and Pham (2021). The firm will maximize its profits. The supplies of capital and workers are exogenous. At equilibrium, the authors obtain that wage bonus has positive effects on output, labor productivity and price of the output. The wage bonus system can make the optimal sequence of outputs grow without bounds. And if the optimal sequence converges to a steady state, this one can be characterized by higher output per capita than that in the steady state without the bonus. In particular, the result show if, thanks to the wage bonus externality effect, the production may become of increasing returns and if the incentive mechanism is very strong, any optimal path of physical capitals will converge to infinity.
Ethical Motivation and Economic Behavior: Theory, Empirical Evidence, and Policy Implications - Prof. Ngo Van Long (McGill University, Canada)
The presentation reviews a refreshing stream of economic literature that emphasizes the fact that economic agents operate within a moral framework and often make economic decisions taking into account the ethical dimension. Both theoretical considerations and empirical evidence (in the lab and in the field) are presented to support the view that economic behavior is influenced by moral concerns, moral upbringing and cultural background. Concepts such as rule-utilitarianism and Kantian equilibrium are shown to be useful tools of analysis for some economic issues, such as endogenous turnout in elections. A major policy implication is that market-based incentives may sometimes be counterproductive.
Astrology and Matrimony: The Real Effects of Religious Beliefs about Marriage in Vietnam - Kieu-Trang Nguyen (Assistant Professor, Kellogg School of Management at Northwestern University)
This speech investigated the real consequences of a system of unscientific, illogical religious beliefs in Vietnam. They prescribe that the matching of husband and wife can be auspicious or inauspicious depending on the pair of their birth years. First, the presentation estimated a structural model of assortative marriage matching market, and show that such beliefs in marriage fortune matter to people’s marriage matching, as much as 15% of how much the age and education profile matters. Second, based on this model, the paper derives a control function for selection into marriage to estimate the effect of auspicious matches on household outcomes, free of the selection bias. The paper finds that auspicious matches increase household expenditure and income by about 3%, and reduces school dropouts without changing the number and composition of children. The likely mechanism operates on relatives’ transfers in case of a negative shock: auspicious couples receive much more transfer when, say, the family suffers from a health shock. Third, the paper discusses how such testable, unscientific beliefs can persist when their refutation depends on actions 2-3 steps off the equilibrium path.