ORCID Profile
0000-0001-9516-2413
Current Organisation
Vietnam National University, Hanoi
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Publisher: Center for Open Science
Date: 11-10-2022
Abstract: The Covid-19 crisis was remarkable because no global recession model could predict or provide early notice of when the coronavirus pandemic would happen and damage the global economy. Resilience to financial shocks is crucial for households as future crises like Covid-19 are inevitable. Therefore, the current study aims to the effects of financial literacy and accessibility to financial information on the financial resilience of Vietnamese households through the lens of an information-processing perspective. The Bayesian Mindsponge Framework (BMF) analytics was employed on a dataset of 839 s les for the investigation. We found that households of respondents with better financial knowledge and investment skills are less likely to be financially affected during the peak of the Covid-19 crisis, but the effect of investment skills is weakly reliable. Accessibility to financial information through informal sources (having a household member working in the financial sector) and formal sources (participating in a financial course) is positively associated with the respondents’ financial knowledge and investment skills. This finding suggests that the spillover effect of financial knowledge and skills among residents exists, leading to better resilience toward financial shocks. However, if the financial information is inaccurate, it might lead to misinformation, false beliefs, and poor economic decisions on a large scale.
Publisher: MDPI AG
Date: 13-05-2020
DOI: 10.3390/F11050548
Abstract: Vietnam’s forests have experienced a notable transformation over the past 20 years from net deforestation to reforestation and expanding forests. Continued reforestation that aims to achieve further economic and environmental benefits remains a national priority and strategy. We explore the current status of plantation forests and highlight possible means to facilitate their expansion in the uplands of Vietnam. We employ mixed method triangulation to empirically explore plantation forests and their economic role in household livelihood, to quantify trade-offs between plantation forests and shifting cultivation, and to assess the constraints on plantation forest expansion in Nghe An province, north-central Vietnam. Results show that forest in the study area expanded by 406,000 ha (71.1%) between 1990 and 2016. Plantation forests increased by nearly 500% (from 32,000 ha to 190,000 ha), while natural forests expanded by 48.1% (from 538,000 ha to 797,000 ha). Plantation forests contributed an average of 35.1 percent of total household income in wealthier households and 27.9 percent of income in poor households. Switching from shifting cultivation to plantation forests would increase total household income and average carbon stock but decrease food provision. Total Economic Value would be higher for plantation forest scenarios if increased carbon stocks in plantations can be monetized. This carbon income might drive conversion of shifting cultivation to plantation forests. Constraints on further expansion of plantation forest are low external cooperation, education, market stability, and agroforestry extension services. Our empirical results inform national plantation forest development, sustainable upland livelihood development, and climate change mitigation programs to ultimately facilitate forest transition and improve the resilience and sustainability of socio-ecological systems.
Publisher: Elsevier BV
Date: 05-2020
Publisher: MDPI AG
Date: 27-09-2022
Abstract: Rapid urbanization with poor city planning has resulted in severe air pollution in urban areas of low- and middle-income countries. Given the adverse impacts of air pollution, citizens may develop ideation of averting behaviors, including migration to another region. The current study explores the psychological mechanism and demographic predictors of internal migration intention among urban people in Hanoi, Vietnam—one of the most polluted capital cities in the world. The Bayesian Mindsponge Framework (BMF) analytics was used to construct a model and perform Bayesian analysis on a stratified random s ling dataset of 475 urban people. We found that migration intention was negatively associated with an in idual’s satisfaction with air quality. The association was moderated by the perceived availability of a nearby alternative (i.e., a nearby province/city with better air quality). The high migration cost due to geographical distance made the moderation effect of the perceived availability of a faraway alternative negligible. These results validate the proposed psychological mechanism behind the emergence of migration intention. Moreover, it was found that male and young people were more likely to migrate. While the brain drain effect did not clearly show, it is likely due to complex underlying interactions of various related factors (e.g., age and gender). The results hint that without air pollution mitigation measures, the dislocation of economic forces might occur and hinder sustainable urban development. Therefore, collaborative actions among levels of government, with the environmental semi-conducting principle at heart, are recommended to reduce air pollution.
Publisher: MDPI AG
Date: 21-11-2022
DOI: 10.3390/JRFM15110542
Abstract: The COVID-19 crisis was remarkable because no global recession model could predict or provide early notice of when the coronavirus pandemic would happen and damage the global economy. Resilience to financial shocks is crucial for households as future crises like COVID-19 are inevitable. Therefore, the current study aims to examine the effects of financial literacy and accessibility to financial information on the financial resilience of Vietnamese households through the lens of an information-processing perspective. The Bayesian Mindsponge Framework (BMF) analytics was employed on a dataset of 839 s les for the investigation. We found that households of respondents with better financial knowledge and investment skills are less likely to be financially affected during the peak of the COVID-19 crisis, but the effect of investment skills is weakly reliable. Accessibility to financial information through informal sources (having a household member working in the financial sector) and formal sources (participating in a financial course) is positively associated with the respondents’ financial knowledge and investment skills. This finding suggests that the spillover effect of financial knowledge and skills among residents exists, leading to better resilience toward financial shocks. However, if the financial information is inaccurate, it might lead to misinformation, false beliefs, and poor economic decisions on a large scale.
No related grants have been discovered for Quy Khuc.