Kỷ yếu hội thảo quốc tế dành cho các nhà khoa học trẻ khối trường kinh tế và kinh doanh năm 2021 (Volume 3)

KỶ YẾU HỘI THẢO QUỐC TẾ DÀNH CHO CÁC NHÀ KHOA HỌC TRẺ KHỐI TRƯỜNG KINH TẾ VÀ KINH DOANH NĂM 2021 PROCEEDINGS INTERNATIONAL CONFERENCE FOR YOUNG RESEARCHERS IN ECONOMICS AND BUSINESS ICYREB 2021 Volume NHÀ XUẤT BẢN LAO ĐỘNG LABOUR PUBLISHING HOUSE HỌC VIỆN NGÂN HÀNG BANKING ACADEMY OF VIETNAM Address: Telephone: Fax: Website: 12 Chua Boc, Dong Da, Hanoi, Vietnam (+84) 24 3852 1305 (+84) 24 3852 5024 hvnh.edu.vn NGÂN HÀNG NHÀ NƯỚC VIỆT NAM HỌC VIỆN NGÂN HÀNG KỶ YẾU HỘI THẢO QUỐC TẾ DÀNH CHO CÁC NHÀ KHOA HỌC TRẺ KHỐI TRƯỜNG KINH TẾ VÀ KINH DOANH NĂM 2021 INTERNATIONAL CONFERENCE FOR YOUNG RESEARCHERS IN ECONOMICS AND BUSINESS ICYREB 2021 Volume NHÀ XUẤT BẢN LAO ĐỘNG LABOUR PUBLISHING HOUSE CONFERENCE STEERING COMMITTEE No Full name (Title) Assoc.Prof., Dr Do Thi Kim Hao Assoc.Prof., Dr Le Van Luyen Assoc.Prof., Dr Mai Thanh Que Assoc.Prof., Dr Bui Huy Nhuong Assoc.Prof., Dr Nguyen Trong Co Assoc.Prof., Dr Dao Ngoc Tien Assoc.Prof., Dr Phan Thi Bich Nguyet Assoc.Prof., Dr Nguyen Thi Bich Loan Assoc.Prof., Dr Nguyen Anh Thu 10 Assoc.Prof., Dr Vo Thi Thuy Anh 11 Assoc.Prof., Dr Truong Tan Quan 12 13 Assoc.Prof., Dr Hoang Cong Gia Khanh Assoc.Prof., Dr Pham Thi Hoang Anh 14 Assoc.Prof., Dr To Trung Thanh 15 Assoc.Prof., Dr Ngo Thanh Hoang 16 Assoc.Prof., Dr Vu Hoang Nam 17 Dr Pham Duong Phuong Thao 18 Dr Tran Viet Thao 19 Nguyen Duc Lam, MSc 20 Assoc.Prof., Dr Dang Huu Man 21 Dr Pham Xuan Hung 22 Assoc.Prof., Dr Trinh Quoc Trung Organization Vice President in charge Banking Academy of Vietnam Vice President Banking Academy of Vietnam Vice President Banking Academy of Vietnam Vice President National Economics University President Academy of Finance Vice President Foreign Trade University Chair, Advisory Council University of Economics HCMC Vice Rector Thuongmai University Vice Rector University of Economics & Business, VNU Hanoi Vice Rector University of Economics, University of Danang Vice Rector Hue College of Economics, Hue University Vice Rector University of Economics & Law, VNU HCMC Director, Research Institute for Banking Banking Academy of Vietnam Head, Department of Scientific Management National Economics University Head, Department of Scientific Management Academy of Finance Head, Department of Scientific Management Foreign Trade University Vice Head, Department of Scientific Management & International Cooperation University of Economics HCMC Vice Head, Department of Scientific Management Thuongmai University Vice Head, Office of Research & Partnership Development University of Economics & Business, VNU Hanoi Head, Department of Research & International Cooperation University of Economics, University of Danang Head, Department of Science-Technology & International Cooperation Hue College of Economics, Hue University Head, Department of Postgraduate Studies & Science-Technology University of Economics & Law, VNU HCMC In charge Chair Vice Chair Vice Chair Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member CONFERENCE SCIENTIFIC COMMITTEE No Full name (Title) Assoc.Prof., Dr Do Thi Kim Hao Assoc.Prof., Dr Pham Thi Hoang Anh Prof., Dr Le Quoc Hoi Assoc.Prof., Dr Tran Manh Dzung Assoc.Prof., Dr Truong Thi Thuy Assoc.Prof., Dr Ngo Thanh Hoang Assoc.Prof., Dr Tu Thuy Anh Dr Vu Thi Hanh Prof., Dr Nguyen Trong Hoai 10 Assoc.Prof., Dr Nguyen Phong Nguyen 11 Dr Tran Viet Thao 12 Dinh Thi Viet Ha, MSc 13 Dr Luu Quoc Dat 14 Dr Vu Thanh Huong 15 Prof., Dr Nguyen Truong Son 16 Dr Vo Thi Quynh Nga 17 Assoc.Prof., Dr Bui Duc Tinh 18 Dr Hoang Trong Hung 19 Assoc.Prof., Dr Nguyen Anh Phong 20 Dr Tran Thi Hong Lien 21 Dr Trinh Hoang Hong Hue Organization Vice President in charge Banking Academy of Vietnam Director, Research Institute for Banking Banking Academy of Vietnam Editor-in-chief, Journal of Economics & Development National Economics University Associate Editor, Journal of Economics & Development National Economics University Vice President Academy of Finance Head, Department of Scientific Management Academy of Finance Editor-in-chief, Journal of International Economics & Management Foreign Trade University School of Economics & International Business Foreign Trade University Editor-in-chief, Journal of Asian Business & Economic Studies University of Economics HCMC Vice Head, Department of Research Administration & International Relations University of Economics HCMC Vice Head, Department of Scientific Management Thuongmai University Department of Scientific Management Thuongmai University Vice Dean, Faculty of Development Economics University of Economics & Business, VNU Hanoi Vice Dean, Faculty of International Business & Economics University of Economics & Business, VNU Hanoi Dean, Faculty of Business Administration University of Economics, University of Danang Dean, Faculty of Tourism University of Economics, University of Danang Dean, Faculty of Economics & Development Studies Hue College of Economics, Hue University Vice Dean, Faculty of Business Administration Hue College of Economics, Hue University Dean, Faculty of Finance & Banking University of Economics & Law, VNU HCMC Vice Dean, Faculty of Business Administration University of Economics & Law, VNU HCMC Faculty of Economics University of Economics & Law, VNU HCMC In charge Chair Vice Chair Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member CONFERENCE ORGANIZING COMMITTEE No Full name (Title) Assoc.Prof., Dr Do Thi Kim Hao Assoc.Prof., Dr Pham Thi Hoang Anh Assoc.Prof., Dr To Trung Thanh Assoc.Prof., Dr Vu Hoang Nam Assoc.Prof., Dr Ngo Thanh Hoang Assoc.Prof., Dr Trinh Quoc Trung Assoc.Prof., Dr Dang Huu Man Dr Phan Anh Dr Pham Xuan Hung 10 Dr Pham Duong Phuong Thao 11 Dr Tran Viet Thao 12 Nguyen Duc Lam, MSc 13 Pham My Linh, MA 14 Bui Doan Mai Phuong, MSc 15 Phan Thi Kim Oanh 16 Nguyen Le Thao Huong Organization Vice President in charge Banking Academy of Vietnam Director, Research Institute for Banking Banking Academy of Vietnam Head, Department of Scientific Management National Economics University Head, Department of Scientific Management Foreign Trade University Head, Department of Scientific Management Academy of Finance Head, Department of Postgraduate Studies & Science-Technology University of Economics & Law, VNU HCMC Head, Department of Research & International Cooperation University of Economics, University of Danang Head, Department of Scientific Management Banking Academy of Vietnam Head, Department of Science-Technology & International Cooperation Hue College of Economics, Hue University Vice Head, Department of Scientific Management & International Cooperation University of Economics HCMC Vice Head, Department of Scientific Management Thuongmai University Vice Head, Office of Research & Partnership Development University of Economics & Business, VNU Hanoi Vice Head, Department of Scientific Management Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam In charge Chair Vice Chair Member Member Member Member Member Member Member Member Member Member Member Member Member Member CONFERENCE EDITORIAL BOARD No Full name (Title) Assoc.Prof., Dr Le Van Luyen Assoc.Prof., Dr Pham Thi Hoang Anh Prof., Dr Le Quoc Hoi Prof., Dr Nguyen Trong Hoai Prof., Dr Nguyen Truong Son Assoc.Prof., Dr Tu Thuy Anh Assoc.Prof., Dr Ngo Thanh Hoang Assoc.Prof., Dr Nguyen Anh Phong Assoc.Prof., Dr Bui Duc Tinh 10 Dr Chu Khanh Lan 11 Dr Luu Quoc Dat 12 Dr Pham Manh Hung 13 Dr Tran Viet Thao 14 Dr Pham Duc Anh 15 Truong Hoang Diep Huong, MSc 16 Dao Bich Ngoc, MSc 17 Nguyen Nhat Minh 18 Le Thi Huong Tra Organization Vice President Banking Academy of Vietnam Director, Research Institute for Banking Banking Academy of Vietnam Editor-in-chief, Journal of Economics & Development National Economics University Editor-in-chief, Journal of Asian Business & Economic Studies University of Economics HCMC Dean, Faculty of Business Administration University of Economics, University of Danang Editor-in-chief, Journal of International Economics & Management Foreign Trade University Head, Department of Scientific Management Academy of Finance Dean, Faculty of Finance & Banking University of Economics & Law, VNU HCMC Dean, Faculty of Economics & Development Studies Hue College of Economics, Hue University Vice Director, Research Institute for Banking Banking Academy of Vietnam Vice Dean, Faculty of Development Economics University of Economics & Business, VNU Hanoi Head, Department of Research & Consultancy Banking Academy of Vietnam Vice Head, Department of Scientific Management Thuongmai University Research Institute for Banking Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam Research Institute for Banking Banking Academy of Vietnam In charge Chair Vice Chair Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member TABLE OF CONTENTS - VOLUME No Paper Title – Authors Page THEME 1: ECONOMIC GROWTH AND GLOBALIZATION EVALUATING TRADE EFFECTS OF EVFTA ON THE EXPORTATION OF VIETNAMESE FISHERY PRODUCTS TO THE NETHERLANDS Hoang Phan Hoai An - Nguyen Thi Phuong Linh University of Economics and Law, VNU Ho Chi Minh City IMPACT OF FOREIGN DIRECT INVESTMENT ON EXPORTS AND RESPONSES OF VIETNAM IN THE CONTEXT OF COVID-19 PANDEMIC 17 Nguyen Thi Van Anh University of Labour and Social Affairs Phan Thu Trang Thuongmai University COMPLETE INSTITUTIONS, MECHANISM, POLICIES FOR DEVELOPMENT OF COASTAL ECONOMIC ZONE IN VIETNAM 29 Ma Duc Han Political Academy, Ministry of National Defense of Vietnam FACTORS AFFECTING THE IMPLEMENTATION OF RESILIENCE – ENHANCING HUMAN RESOURCES PRACTICES IN TOURISM AND HOSPITALITY INDUSTRY DURING CRISIS CAUSED BY COVID-19 IN VIETNAM 47 Huynh Thi My Hanh - Tra Luc Diep University of Economics, The University of Danang DEVELOPMENT STRATEGIES AND UPGRADING IN APPAREL VALUE CHAIN: COMPARATIVE ANALYSIS OF VIETNAMESE FIRMS 61 Dinh Van Hoang Foreign Trade University NON-LINEAR EFFECTS OF INSTITUTIONAL QUALITY ON ECONOMIC GROWTH: EVIDENCE FROM GMM MODEL 75 Truong Hoang Diep Huong - Tran Huy Tung Banking Academy of Vietnam THE IMPACT OF EVFTA ON VIETNAM'S RICE EXPORTS 87 Nguyen The Kien - Hoang Khac Lich - Do Thi Minh Hue University of Economics and Business, VNU Hanoi TAX COMPETITION IN THE GLOBALIZATION CONTEXT: EMPIRICAL EVIDENCE IN ASEAN COUNTRIES Trung Kien Tran University of Economics Ho Chi Minh City 103 No Paper Title – Authors AN OVERVIEW OF INTERNATIONAL TRADE, INVESTMENT AND PARTICIPATION OF VIETNAM IN THE GLOBAL VALUE CHAIN IN 2010 - 2020 Page 115 Nguyen Thi Phuong Linh University of Economics and Business, VNU Hanoi 10 IMPACT OF MACRO AND REGIONAL FATORS ON THE SMES’ INVESTMENT IN NORTHWEST VIETNAM 129 Phan Hong Mai - Hoang Thu Ha National Economics University 11 THE ROLE OF NATION BRANDING ON FDI ATTRACTION 145 Tran Ngoc Mai Banking Academy of Vietnam 12 IMPACT OF TBT AND SPS MEASURES ON VIET NAM SEAFOOD EXPORT: A GRAVITY MODEL ANALYSIS 157 Doan Nguyen Minh Thuongmai University 13 THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT, PRIVATE DOMESTIC INVESTMENT AND PUBLIC INVESTMENT: EVIDENCE FROM VIETNAM 167 Truong Minh Nguyen - Tan Danh Nguyen University of Economics, The University of Danang 14 VIETNAM'S TRADE IN SERVICES FROM A COMPETITIVE THEORY APPROACH 181 Le Hong Ngoc University of Economics and Business, VNU Hanoi 15 LEGAL PROTECTION OF FOREIGN INVESTMENT: A STUDY OF NON-DISCRIMINATION STANDARDS IN VIETNAMESE INVESTMENT TREATIES 195 Truong Thi Anh Nguyet University of Economics, The University of Danang 16 CHANGING DYNAMIC OF FOREIGN DIRECT INVESTMENT IN VIETNAM IN RESPONSE TO THE CHINA – US TRADE WAR 207 Duong Thi Thuy Quynh University of Economics, The University of Danang 17 VIETNAM’S PARTICIPATION IN GLOBAL VALUE CHAIN: A FOCUS ON ICT INNOVATION IN THE MOVIE INDUSTRY Cao Hai Van Banking Academy of Vietnam 225 624 ICYREB 2021 | Theme 2A: Business Administration and Innovative Start-up 5.2 Scale assessment 5.2.1 Reliability testing As can be seen in table 2, the Cronbach’s alpha for all constructs’ scales ranged from 0.868 to 0.950 which exceed the threshold of 0.7 recommended by Nunnally (1978) This presented that all the measurement scales for all constructs in this study achieved high reliability which refers to the high consistency within items in each construct 5.2.2 Convergent and discriminant validity testing Table clearly shows that all the values of standardized factor loading of measured items were bigger than 0.5 and the Average Variance Extracted (AVE) of all scales of all constructs above 0.5 Hence, the measurement scales of this study obtained convergent validity (Hair et al, 2010) Table 2: Items’ Standardized Factor Loading and measures’ AVE Items Standardized Factor Loading Employee relationship proneness ERP1 ERP2 ERP3 Affective commitment AC1 AC2 AC3 AC4 AC5 AC6 AC7 AC8 Calculative commitment CC1 CC2 CC3 CC4 CC5 CC6 CC7 CC8 Normative commitment NC1 NC2 NC3 NC4 NC5 NC6 NC7 AVE Cronbach’s alpha 0.694 0.880 0.846 0.769 0.868 0.659 0.808 0.783 0.793 0.802 0.846 0.819 0.847 0.795 0.939 0.705 0.874 0.842 0.872 0.848 0.816 0.849 0.819 0.795 0.950 0.625 0.765 0.802 0.816 0.794 0.769 0.829 0.795 0.930 ICYREB 2021 | Theme 2: Business Administration and Innovative Start-up Standardized Factor Loading 0.751 Items NC8 Word of mouth WOM1 WOM2 WOM3 Intention to stay ITS1 ITS2 ITS3 Benefit insensitivity BI1 BI2 BI3 Complain C1 C2 C3 C4 AVE 625 Cronbach’s alpha 0.852 0.906 0.924 0.939 0.945 0.839 0.960 0.855 0.930 0.939 0.815 0.912 0.949 0.844 0.948 0.823 0.911 0.895 0.871 0.949 0.948 Table presents the squared correlation coefficients between constructs and constructs’ AVE illustrated in the black boldface It is clearly shown that almost the value of squared correlation coefficients between constructs were lower than the AVE of measures There only one exception that was the squared correlation coefficient between ERP and AC exceed the AVE of ERP Therefore, it could be stated that the measurements scales of all constructs of this research achieved the discriminant validity (Hair et al, 2010) Table 3: Squared correlation between constructs and the scales’ AVE C WOM BI ITS AC CC NC C 0.823 WOM 0.0029 0.852 BI 0.0096 0.1656 0.815 ITS 0.0083 0.2756 0.3306 0.839 AC 0.0529 0.2480 0.3697 0.5198 0.659 CC 0.0420 0.1134 0.2694 0.2735 0.2070 0.705 NC 0.0182 0.0999 0.0581 0.0576 0.0471 0.0655 0.625 ERP 0.0392 0.1705 0.3047 0.3249 0.7832 0.1731 0.0449 ERP 0.694 Source: Authors 5.2.3 The evaluation of model fit After the reliability and validity of measurement model were checked, the next step was to assess the model fit to examine how well the model fit the data collected (Barret, 2006) 625 626 ICYREB 2021 | Theme 2A: Business Administration and Innovative Start-up In order to achieve model fit, the value of Chi-square (𝑋 ) should be ranged from 0.5 (Wheaton et al., 1977) to below 2.0 (Tabachnick and Fidell, 2007), the value of RMSEA should be below 0.08 (MacCallum et al, 1996), the value of NFI should be equal or over 0.9 (Bentler and Bonnet, 1980), and CFI should be equal or over 0.95 (Hu and Bentler, 1999) In case of PGFI, meanwhile other indices have the threshold value to compare, there are no threshold level for this index (Hooper et al, 2008) However, Mulaik et al (1989) recommended the value of this index is over 0.5 Table indicates that all the indices which were 𝑋 =1.4981 ≤ 2, RMSEA=0.040 ≤ 0.08, NFI=0.911>0.9, CFI=0.968>0.95 and the PGFI was 0.746 which was over 0.5 Hence, it could be considered that the measurement model achieved the acceptable level of model fit Table 0: The fit indices of measurement model Fit indices Value Chi-square/ degree of freedom (0.5≤ 𝑋 ≤2) 1.4981 Root mean square error of approximation (RMSEA) (≤ 0.08) 0.040 Normed fit index (NFI) (≥0.9) 0.911 Comparative fit index (CFI) (≥0.95) 0.968 Parsimony Goodness-of-Fit Index (PGFI) ≥ 0.5 0.746 5.3 The result of testing hypotheses 5.3.1 The result of testing relationship between employee relationship proneness and attitudinal loyalty The testing result in table illustrated that employee relationship proneness had a significant and positive influence on the affective commitment (β=0.886, P-value=***), normative commitment (β=0.229, P-value=***) and had significant and negative influence on calculative commitment (β= -0.446, P-value=***) This indicated that, these results supported hypotheses H1a, H1b, H1c Hence, the testing result demonstrated that employee relationship proneness had strong and significant influence on three components of attitudinal loyalty namely affective, normative and calculative commitment Furthermore, in three relationships proposed in hypotheses H1a, H1b, H1c, the value of β between employee relationship proneness and affective commitment is biggest Thus, employee relationship proneness had the strongest effect on affective commitment ICYREB 2021 | Theme 2: Business Administration and Innovative Start-up 627 Table 5: Path analysis of employee relationship proneness and attitudinal loyalty Path Standardized coefficient (β) P-value Testing result H1a Employee relationship proneness → affective commitment 0.886 *** Significant H1b Employee relationship proneness → calculative commitment -0.446 *** Significant H1c Employee relationship proneness → normative commitment 0.229 *** significant Hypotheses Testing result Supported Supported Supported Note: *** P