“FINANCE AND ACCOUNTING FOR THE PROMOTION OF SUSTAINABLE DEVELOPMENT IN PRIVATE SECTOR”,

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OF SUSTAINABLE DEVELOPMENT IN PRIVATE SECTOR”, (FASPS-3)

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Institute of Financial Training, University of Finance and Accountancy,

THE THIRD INTERNATIONAL CONFERENCE ON:

“FINANCE AND ACCOUNTING FOR THE PROMOTION OF SUSTAINABLE DEVELOPMENT IN PRIVATE SECTOR”,

(FASPS-3)

FINANCE PUBLISHING HOUSE

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The Academy of Finance (AOF) is a a public and research-oriented university, subordinated to the Ministry of Finance, Vietnam. The AOF was officially established under Decision No 120/2001/ QD-TTg dated August 17th, 2001 of the Prime Minister by integrating the Hanoi University of Finance and Accounting (founded in 1963), the Finance Research Institution (founded in 1961) and the Financial Training Center (founded in 1995). The main site of the Academy of Finance is located in Hanoi.

The mission of Academy of Finance is to provide expertise in research and training of professional finance and accounting to the society, the mission has been defined for our 55-year history with outstanding achievements and contributions branded by our lecturers, researchers and students. The AOF established self-evaluation council since 2006 according to regulations of MOET Vietnam. This council significantly helped improve the academic performance, and in April 2016, AOF was accredited by Center for Education Accreditation (CEA) – Association of Vietnam Universities and Colleges (AVUC). The accreditation result was published according to the Decision 10/QD-KDCLGD dated February 20th, 2017 of AVUC ranking AOF in top 5 best universities in Vietnam. The Academy of Finance offer a high quality of training and research through14 faculties: Fundamental Sciences, Political theories, Public Finance, Tax and Customs, Corporate Finance, Banking and Insurance, International Finance, Accounting, Business administration, economic Information. Languages, Economics, Master and Doctoral training, Part-time training, two centers: Center for Languages and Informatics Training, Information Technology Center, 2 research institutes: Institute for International Finance Education (IIFE) and Institute of Economics and Finance and 13 support divisions.

AOF offers a rich training programs included ordinary undergraduate/graduate programs spread in 06 academic majors: Finance and Banking, Accounting and Auditing, Business Administration, Management Information, Economic and Financial English, Economics. The AOF also offer to international and Vietnamese students with different choices partially/totally taught in English such as High Advanced Program or Dual Degree Programme (DDP - a Joint Training Progamme between the Academy of Finance (Institute of International Finance Education) and the University of Greenwich (UK). Throughout its history, AOF’s qualified scientists and lecturers have been supporting more than 85,000 students including 5,000 masters and 300 doctors and additionally 500 international students for Laos and Cambodia in the last 55 years. Significantly, a large number of AOF’s graduates are leaders of the Government, ministries, local authorities and businesses. The academy has also been recognized for conducting thousands of valuable research projects for the policy makers in economic development of the State. The rich tradition and custom makes AOF unique among the other universities and colleges in Vietnam and attracts thousands of learners to study at the academy annually.

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6 THE THIRD INTERNATIONAL CONFERENCE ON: “FINANCE AND ACCOUNTING FOR THE PROMOTION OF SUSTAINABLE...

The valuable contributions of AOF to the development of the State in training and doing research has been respected publicly, the academy has been recognized with national unique awards.

Many AOF alumni are key people in the Government and Local Administrations. In the process of globalization and the advent of the Industry 4.0, the AOF Management Board sets out following major development directions:

- Intensively develop training and research performance, maximize the core values to adapt to the emerging demands of the intellectual economy and the Industry 4.0.

- Diversify training courses, renovate academic management measures, improve the professional capacity, and improve self-study spirit with creativity and experience.

- Improve the research capacity in the manner that harmonizes fundamental studies with applied studies. Actively and comprehensively integrate into regionalization and globalization process regarding training, capacity building and research activities.

- Conduct academic management reform in close relation with financial autonomy and social accountability, create a new academic environment with high openness, creativity and internationalism, continuously attract excellent staffs and scholars to work and do research at AOF.

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UNIVERSITY OF FINANCE – MARKETING

University of Finance - Marketing (UFM) is a public higher education institution governed by the Ministry of Finance, having the right to autonomy and self-responsibility of a non-business unit. The forerunner of the University of Finance - Marketing is the Central School of Pricing Officers in the South, established under the Decision No. 210/VGNN- TCDT dated September 1, 1976 by the State Pricing Commission. It then became a Vocational School before turning into a college and a university as it is today.

UFM has undergone 45 years of establishment and development as a highly-ranked institution in the higher education system of Vietnam with a scale of nearly 20,000 students and 5 campuses in Ho Chi Minh City. The University trains human resources meeting national and regional standards, transfers scientific achievements in the field of business and management, and participates in strategic and policy planning for the Finance sector, for businesses and social organizations. Through the development process, the faculty and staff of UFM have grown exponentially in quantity and quality. Currently, the University offers both undergraduate and postgraduate programs via various training modes full-time and part-time in 14 majors: Business Administration, Marketing, Real Estate, International Business, Finance – Banking, Restaurant and Catering Management, Hotel Management, Tourism and Travel Service Management, Management Information System, Accounting, Economics, Economic Law, Mathematics Economics and English Language. In addition to conducting mass regular programs, the University also implements high-quality, special, international, and international cooperation programs. Over 45 years of establishment and development, UFM has been training and provide high-quality human resources for the society to meet the needs of national construction and development. During the 2015-2020 period, UFM’s staff has carried out 01 state-level research project, 21 ministerial/provincial level projects and 115 university-level projects. The number of projects at all levels implemented over the years has been gradually increasing in both quality and quantity. The number of articles written by the faculty is 1046. Among them, there are 838 articles published in domestic journals, 150 articles in international journals on the Scopus/ISI list and 58 articles in international journals with ISSN indices. Furthermore, from 2017 until now, the University has organized annual international conferences, creating a forum for lecturers and researchers to exchange ideas, approach scientific issues, and new research methods domestically and internationally. UFM’s international cooperation has made great progress. The University conducts cooperation programs for undergraduate and Master’s students with Help University, UCSI University in Malaysia, Thompson Rivers

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University in Canada and also implements PhD programs in association with UCSI University, Malaysia. In addition to training cooperation, UFM has signed several cooperation agreements on student exchange and scientific research with various universities around the world. The University of Finance - Marketing aims to become a leading academic institution for undergraduate and graduate programs, a center for scientific and technological research in the country and a prestigious institution in the region in the fields of economics, finance, management, marketing, appraisal, tourism...; having a rational structure and training mode in association with building a learning society, ensuring conditions for raising the training quality while combining traditional and modern values, maintaining the socialist orientation and bearing the national identity. By 2025, UFM will have become an application-oriented university accredited by the Ministry of Education and Training when some of its training programs will meet the quality standards of the ASEAN University Network (AUN-QA). By the year 2030, the University will attain the level of a state-of-the-art university in Southeast Asia.

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UNIVERSITY OF FINANCE AND ACCOUNTANCY

Belonging to the Ministry of Finance, University of Finance and Accountancy (UFA) is an undergraduate and postgraduate training institution. Its mission is training, fostering, providing learners with quality training programs with application orientation in the fields of business, administration and law; it also carries out scientific researches and transfers these scientific research results into practice; contributing to human resource and community development, serving the socio-economic development of the Central Highlands provinces, the whole country and the Central provinces of Lao People’s Democratic Republic in the context of global economy integration.

With the main campus in Quang Ngai province and a branch in Thua Thien Hue province, the training scale of the University is increasing day by day. In the field of undergraduate training, the University is specialized in Accounting, Auditing, Economic Law, Finance - Banking, Business Administration, International Business. In the field of postgraduate training, the University is specialized in Finance and Banking at Master level. Along with improving the quality of professional skills, the University devotes a great deal of effort in connecting with businesses to create jobs for graduate students; creating an environment for students to practice essential skills through yearly activities of the Youth Union, the Student’s Association, professional academic competitions, clubs, etc. Many remarkable achievements have been obtained by UFA students in recent years: 02 “January Star” Awards, 01 First Prize in “Olympic English for Students in Quang Ngai Province”, 01 Consolation Prize in the national final round of the contest “Students with Financial Management Skills 2019”, 01 Third Prize and 01 Consolation Prize at the contest “Start- up Ideas” in Quang Ngai province, Top 20 “National Student Leader Contest”, etc. With a long history of over 45 years of construction and development (1976-2021), the University has trained and fostered nearly 60 thousand students with practical knowledge and skills sought by employers.

Many students of the University have been affirming their contribution to the financial system in the Central and Central Highlands region as well as in Vietnam. The University has received a large number of noble awards from the Vietnamese State. This is the recognition of the social community for the quality and the University’s brand with its identity: “Quality - Friendliness - Creation - Integration”.

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INSTITUTE OF FINANCIAL TRAINING

The Institute of Financial Training (IFT) under the Ministry of Finance was established by the Prime Minister in 2006.

The Institute is not only responsible for training civil servants in accordance to professional standard, but also contributes to socio-economic solution. Hence, the school helps to develop and plan strategies and policies for the financial sector. The IFT has built a reputation for its intensive training programs, which are tied to the country’s current economic and financial management practices, the application of information technology, and the trend of globalization.

Training at IFT improve ones’ knowledge, qualifications and skills in order to become managers and higher professional - level officials. They are equipped to serve up to high professional standards, to become experts in economics and finance, and lastly, to be professional, diligent, intelligent and flexible civil servants, who meet the requirements of the country’s economic development in this period of industrialization, modernization and international economic integration. On average, IFT has trained over 10,000 students in the financial sector with over 200 different classes annually.

IFT is known as the largest and most prestigious institute in the country in terms of providing training, retraining, financial and accounting consulting services to the society.

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NATIONAL TEACHER. ASSOCIATE PROFESSOR NGUYEN TRONG CO PRESIDENT OF THE ACADEMY OF FINANCE

National teacher. Assoc. Prof. Nguyen Trong Co is the President of the Academy of Finance.

He has been working for the Academy of Finance since he was young and played different roles as Lecturer, Head of Financial Analysis Department, Deputy Head of Human Resources Department before becoming Vice President of the Academy of Finance. He was nominated as the President of Academy of Finance in 2014 and has been in that position so far.

He is the Editor of the Journal of Finance and Accounting Research and serves the Scientific Board of Finance Research Sector as Vice President and a member of Scientific Board of Banking Research Sector.

He was also nominated as honour member of FCPA Australia.

Assoc. Prof. Nguyen Trong Co is the author/co-author of more than 21 valuable text books and supplementary materials such as “Financial Analysis”, Finance Publishing House, 2017, “Auditing management and Usage of mineral resources for sustainable development in Viet Nam”, Finance Publishing House, 2016 and etc.

He has researched actively with more than 20 research projects spread on different fields:

Corporate Finance and public finance, and Technological Markets. In the Academy of Finance, he has published more than 70 articles in both local journals and international journals.

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DR. HOANG DUC LONG

PRESIDENT OF UNIVERSITY OF FINANCE-MARKETING

Dr. Hoang Duc Long is the President of the University of Finance-Marketing. He previously worked at the Academy of Finance before transferring to the Ministry of Finance. While working there, he took the post of the head of the Training Office (under the Personnel and Organization Department), and was promoted to the Deputy Director of Personnel and Organization Department cum the chairman of the Board of Trustees, formally known as the Board of Directors, of the University of Finance-Marketing.

Then, he was assigned to run this university in January 2016. Seven months later, he was officially appointed as the President of the university and has been in this position up to now. During his term here, he was the co-author of the two ministry-level research projects which have been evaluated and implemented. Before that, he had completed numerous ministry-level research projects during his service at the Ministry of Finance and advised the leaders of this ministry on issuing many important legal documents of the Vietnamese finance sector. To recognize his contribution and merits, he was awarded the third class Labor Order in 2011 by the State of Vietnam.

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DR. PHAM SY HUNG

RECTOR OF THE UNIVERSITY OF FINANCE AND ACCOUNTANCY

Dr. Pham Sy Hung, the Rector of the University of Finance and Accountancy, has worked at the University of Finance and Accountancy since graduating in 1987.

In the period 1987-1998, Dr. Pham Sy Hung played various roles as Teacher, Deputy Head of Training Management Department of the Junior College of Finance and Accountancy No.3.

During the period 1998-2008, Dr. Pham Sy Hung was the Deputy Head of the Training Management and Science Department of the College of Finance and Accountancy before being appointed as the Vice Rector of the College of Finance and Accountancy in 2008. When the College was upgraded to become the University of Finance and Accountancy in 2011, Dr. Pham Sy Hung was appointed as the Vice Rector. In 2018, he was appointed as the Rector of the University of Finance and Accountancy and has held that position until now. Currently, he is also the Deputy Editor of the Journal of Science of Finance and Accounting. He has participated in many research projects at all levels. He is the co-author of some valuable textbooks and supplementary materials, he has published many articles of high scientific value.

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MR. DO VAN TRUONG, MSC

- DIRECTOR OF INSTITUTE OF FINANCIAL TRAINING (IFT) - MINISTRY OF FINANCE.

Mr. Do Van Truong is known as an enthusiastic leader in the field of training civil servants.

Graduated with an Accounting degree from Hanoi University of Finance and Accounting (now Academy of Finance), he has years of managing experience in finance - accounting, banking, etc and has been promoted through many positions such as Financial Inspector, Secretary of Deputy Minister - Ministry of Finance, Deputy Chief of Office - Ministry of Finance.

His colleagues praise him for his breakthroughs in digital transformation and application of information technology in training programs. He has launched many training programs in response to professional management needs in the finance sector. Director Do Van Truong has the motto, which is “training must always be tied to the current needs and practice of financial management.”

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KEYNOTE SPEAKERS

ASSOCIATE PROFESSOR SIMONE DOMENICOSCAGNELLI

Associate Dean, Accounting and Finance

School of Business and Law, Edith Cowan University, Perth, Australia

 Italian Research Center for Shared Value, Co-founder

 European Accounting Association, member

 Sustainability Accounting Standard Board Alliance, member

 Italian Academy of Business Administration (AIDEA), member

 Italian Society of Accounting Scholars (SIDREA), member

 Italian registry of professional Auditors, member

Associate Professor Scagnelli was awarded his Ph.D in 2005 from the University of Turin, in Italy, with a thesis focussing on the accountability and measurement issues of Management Information Systems. Prior to joining ECU as Associate Professor, DrScagnelli was Associate Professor at the Department of Management, University of Turin, Italy, and was the Head of International Relations and Director of the International Bachelor in Business & Management.

From 2012 to 2018, he was also Adjunct Professor of Financial & Managerial Accounting at ESCP Europe, one of the top Business Schools in the World. Associate Professor Scagnelli’s research has been mostly in Accounting, with a particular focus on Corporate Social Responsibility. He has presented at leading international conferences and published in scholarly international journals such as the Australian Accounting Review, Corporate Social Responsibility and Environmental Management, and Pacific Accounting Review. His international research partnerships span the countries of Italy, UK, Germany, Russia, Australia and Japan, where has obtained a number of research grants. He has also supervised research students to completion at the PhD level. Associate Professor Scagnelli has also developed an extensive experience in the industry. Prior to joining Academia, he was associate partner at a leading Italian Law and Accounting firm, providing advisory services to national and multinational companies in the Automotive, Aerospace and ICT industries. Associate Professor Simone Scagnelli is now Associate Dean Accounting and Finance in School of Business and Law.

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KEYNOTE SPEAKERS

ASSOCIATE PROFESSOR. FARHAD TAGHIZADEH-HESARY

PhD/Associate Professor of Economics, Tokai University/Visiting Professor, Faculty of Economics, Keio University/

Dr. FarhadTaghizadeh-Hesary is an associate professor of economics at Tokai University in Japan, and a visiting professor at Keio University, Japan. He completed his master’s degree in energy economics from Tehran University, Iran, in 2011. Subsequently, He obtained a Ph.D. in energy economics from Keio University in 2015 with a scholarship from the government of Japan (MEXT). He has taught as an assistant professor at Keio following the completion of his Ph.D. until March 2018 and as an assistant professor at the faculty of political science and economics of WasedaUniversity 2018-2020.

He is a recipient of the Excellent Young Researcher (LEADER) status from the Ministry of Education, Culture, Sports, Science, and Technology (MEXT) of Japan with a five years’

competitive research grant (2019-2024). Presently he is also a visiting professor at Chiang Mai University (Thailand) and a distinguished research fellow and external scientific member at the University of Economics Ho Chi Minh City (Vietnam). Dr. Taghizadeh-Hesary was visiting scholar, visiting professor, and visiting fellow at several institutions and universities such as the Institute of Energy Economics of Japan (IEEJ) (2013–2015); the Credit Risk Database (CRD) association of Japan (2014–2015); Graduate School of Economics of the University of Tokyo (2016–2017), Griffith University, (Australia; 2019); The University of Tasmania, (Australia; 2019).

Dr. Taghizadeh-Hesary has published a wide range of topics, including energy economics, energy policy, green finance, small and medium-sized enterprises finance, monetary policy, banking, and the Asian and Japanese economies. Dr. Taghizadeh-Hesary led, managed, and has been involved in dozens of research, capacity building and training (CBT) and consulting projects on energy, economic, and financial related topics for the international organizations and institutions, including; United Nations; Asian Development Bank, Asian Development Bank Institute; Economic Research Institute for ASEAN and East Asia; Central Asian Regional Economic Cooperation Institute; and financial institutions and governments of various countries.

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1 Academy of Finance Host Lead-organizer 2 University of Finance - Marketing Co-host Co-organizer 3 University of Finance and Accountancy Co-host Co-organizer 4 Institute of Financial Training Co-host Co-organizer II. LIST OF CONFERENCE ORGANIZING COMMITTEE

1. BOARD OF DIRECTORS

No. Name Title

1 Assoc. Prof. Dr. Nguyen Trong Co President of Academy of Finance Chairman

2 Assoc. Prof. Dr. Truong Thi Thuy Vice President of Academy of Finance Deputy Chairman 3 Assoc. Prof. Dr. Nguyen Vu Viet Vice President of Academy of Finance Deputy Chairman 4 Dr. Nguyen Dao Tung Vice President of Academy of Finance Deputy Chairman 5 Dr. Pham Sy Hung Rector of University of Finance and

Accountancy

Deputy Chairman

6 Assoc. Prof. Dr. Ho Thuy Tien Vice President of University of Finance - Marketing

Deputy Chairman 7 MSc. Do Van Truong President of Institute of Financial Training Deputy Chairman 8 Assoc. Prof. Dr. Ngo Thanh Hoang Director of Science Research

Management, Academy of Finance

Deputy Chairman

2. ORGANIZATION BOARD

1 Assoc. Prof. Dr. Truong Thi Thuy Vice President of Academy of Finance Chairman

2 Dr. Nguyen Dao Tung Vice President of Academy of Finance Deputy Chairman 3 Assoc. Prof. Dr. Ngo Thanh Hoang Head of Scientific Management,

Academy of Finance Commissioner

4 Assoc. Prof. Dr. Ho Thuy Tien Vice President of University of Finance

- Marketing Commissioner

5 MSc. Do Van Truong President of Institute of Financial

Training Commissioner

6 Assoc. Prof. Dr. Nhu Trong Bach Vice President of Institute of Financial

7 Dr. Nguyen Thi Phuong Ngoc

Head of Science Research Management and International Cooperation

Department, University of Finance and Accountancy

Commissioner

8 Assoc. Prof. Dr. Chuc Anh Tu Head of the International Affairs,

9 Dr. Nguyen Thi Thuy Nga Deputy Head of Scientific Management,

10 Assoc. Prof. Dr. Nguyen Manh

Thieu Director of Human Resources, Academy

of Finance Commissioner

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11 MSc. Nguyen Le Mai In charge of Finance and Accounting

department, Academy of Finance Commissioner 12 Assoc. Prof. Dr. Nguyen Le Cuong Chief of staff, Academy of Finance Commissioner 13 Dr. Trinh Thanh Huyen Vice President of Institute of International

Finance Education, Academy of Finance

Commissioner

14 Assoc. Prof. Dr. Nguyen Xuan Thach Director of Education Management,

15 Assoc. Prof. Dr. Nguyen Trong Than Director of Postgraduate Faculty,

16 Assoc. Prof. Dr. Pham Ngoc Dung Dean of Public Finance Faculty, Academy of Finance Commissioner 17 Assoc. Prof. Dr. Le Xuan Truong Dean of Custom and Tax Faculty,

18 Assoc. Prof. Dr. Mai Ngoc Anh Dean of Accounting Faculty, Academy of

Finance Commissioner

19 Assoc. Prof. Dr. Dao Thi Minh Thanh Dean of Business Administration Faculty, Academy of Finance Commissioner 20 Assoc. Prof. Dr. Vu Van Ninh Dean of Corporate Finance Faculty,

21 Assoc. Prof. Dr. Nguyen Van Dan Dean of Economic Faculty, Academy of

22 Assoc. Prof. Dr. Vu Duy Vinh Acting Dean of International Finance

Faculty, Academy of Finance Commissioner 23 Assoc. Prof. Dr. Doan Minh Phung Dean of Insurance and Banking Faculty, Academy of Finance Commissioner 24 Dr. Luu Huu Duc Dean of Office of Student Affairs,

25 Dr. Luong Quang Hien Associate Dean of Office of Party

Committee Commissioner

26 MSc. Pham Minh Ngoc Ha Associate Dean of Economic

Information System Faculty, Academy of Finance

Commissioner

27 Dr. Pham Quynh Trang Political Theory Faculty, Academy of

28 MSc. Ngo Vut Bong Vice President of Information Centre,

3. EDITORIAL BOAR

1 Assoc. Prof. Dr. Truong Thi Thuy Vice President of Academy of Finance Chairman 2 Dr. Nguyen Dao Tung Vice President of Academy of Finance Deputy Chairman 3 Assoc. Prof. Dr. Nguyen Vu Viet Vice President of Academy of Finance Deputy Chairman 4 Assoc. Prof. Dr. Ngo Thanh Hoang Director of Science Research Management, Academy of Finance Deputy Chairman

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5 Assoc. Prof. Simone Domenico Scagnelli

Associate Dean, Accounting and Finance School of Business and Law, Edith Cowan University

Commissioner

6 PGS.Dr. Farhad Taghizadeh- Hesary Tokai University, Japan Commissioner 7 Dr. Nguyen Thi Thuy Nga Vice Director of Science Research

Management, Academy of Finance Commissioner 8 Assoc. Prof. Dr. Chuc Anh Tu Director of the International Affairs,

9 Assoc. Prof. Dr. Nguyen Le Cuong Chief of staff, Academy of Finance Commissioner 10 Assoc. Prof. Dr. Le Xuan Truong Dean of Custom and Tax Faculty,

11 Assoc. Prof. Dr. Ly Phuong Duyen Custom and Tax Faculty, Academy of

12 MSc. Nguyen Thuy Trang Custom and Tax Faculty, Academy of

13 Assoc. Prof. Dr. Mai Ngoc Anh Dean of Accounting Faculty, Academy of

14 Dr. Nguyen Thi Hong Van Accounting Faculty, Academy of Finance Commissioner 15 Dr. Nguyen Thi Phuong Tuyen Accounting Faculty, Academy of Finance Commissioner 16 MSc. Nguyen Ba Linh Accounting Faculty, Academy of Finance Commissioner 17 Dr. Ngo Nhu Vinh Accounting Faculty, Academy of Finance Commissioner 18 Dr. Nguyen Minh Thanh Accounting Faculty, Academy of Finance Commissioner 19 MSc. Nguyen Thi Van Anh Business Administration Faculty, Academy

20 MSc. Hoang Thi Hong Hanh Business Administration Faculty, Academy

21 Dr. Phung Thu Ha Public Finance Faculty, Academy of

22 Dr. Nguyen Anh Quang Public Finance Faculty, Academy of

23 Assoc. Prof. Dr. Pham Thanh Hoa Corporate Finance Faculty, Academy of

24 Dr. Nguyen Truong Giang Corporate Finance Faculty, Academy of

25 Dr. Bui Hà Linh Corporate Finance Faculty, Academy of

26 Dr. Ngo Kim Hoa Corporate Finance Faculty, Academy of

27 MSc. Nguyen Huu Tan Corporate Finance Faculty, Academy of

28 MSc. Pham Thi Lan Phuong Director of Foreign Language Faculty,

29 Dr. Nguyen Thi Thuy Trang Foreign Language Faculty, Academy of

30 Dr. Ta Dinh Hoa Foreign Language Faculty, Academy of

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31 MSc. Ha Tuan Vinh International Affairs Department, Academy

32 MSc. Mai Thi Lan Anh Science Research Management

Department, Academy of Finance Commissioner 33 Dr. Nguyen Hong Chinh Science Research Management

Department, Academy of Finance Commissioner 34 MSc. Nguyen Thi Thanh Huyen Science Research Management

Department, Academy of Finance Commissioner 35 MSc. Do Van Truong President of Institute of Financial Training Commissioner 36 Assoc. Prof. Dr. Nhu Trong Bach Vice President of Institute of Financial

37 Dr. Bui Minh Chuyen Director of Science and Training

Management, Institute of Financial Training Commissioner 38 Dr. Bui Thi Yen Linh Vice Rector of University of Finance

and Accountancy Commissioner

39 Dr. Nguyen Thi Phuong Ngoc

Head of Science Research Management and International Cooperation

Commissioner

40 Dr. Pham Hoai Nam

Head of Training Management

Commissioner

41 Dr. Tran Tung Lam Dean of Business Administration Faculty, University of Finance and Accountancy

Commissioner

42 Dr. Nguyen Thi Le Huyen Business Administration Faculty, University of Finance and Accountancy

Commissioner

43 Assoc. Prof. Dr. Ho Thuy Tien Vice President of University of Finance - Marketing

Commissioner

44 Assoc. Prof. Dr. Phan Thi Hang Nga Vice Director of Science Research Management, University of Finance - Marketing

Commissioner

45 Assoc. Prof. Dr. Nguyen Thi My Linh Associate Dean of Banking and Finance Faculty, University of Finance -

Marketing

Commissioner

46 Dr. Tran Hong Van Dean of Accounting and Auditing Faculty,

University of Finance - Marketing Commissioner 47 Dr. Nguyen Van Thuan Dean of Customs and Taxation,

University of Finance - Marketing Commissioner 48 Dr. Tran Thi Thanh Thu Corporate Finance Faculty, Academy of

49 Dr. Dao Ngoc Ha Scientific Management Department,

50 Dr. Nguyen Phi Hung Vice Director of Facilities Management,

51 Dr. Pham Van Nghia Vice Director of Human Resources Management, Academy of Finance

Commissioner

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1. INTRODUCTION REMARKS OF THE 3RD INTERNATIONAL CONFERENCE ON FINANCE AND ACCOUNTING

FOR THE PROMOTION OF SUSTAINABLE DEVELOPMENT IN PRIVATE SECTOR (FASPS3) ... 29 2. SOLUTIONS TO PROMOTE EFFICIENCY IN EDUCATIONAL FINANCIAL MANAGEMENT IN BAC KAN PROVINCE

Assoc. Prof. PhD. Nguyen Trong Co, PhD. Ngo Thi Thuy Quyen, Assoc. Prof. PhD. Nguyen Manh Thieu ... 31 3. IMPROVING THE BUSINESS ENVIRONMENT TO PROMOTE PRIVATE ENTERPRISES ACTIVITIES IN VIETNAM

PhD. Le Thi Hong Thuy, PhD. Nguyen Thi Hong Nham, PhD. Do Thi Thu ... 39 4. THE ROLE OF DIGITAL BANKING IN PROMOTING PRIVATE ECONOMIC DEVELOPMENT IN VIETNAM NOWADAYS

Associate Professor. PhD. Ha Minh Son, PhD Student. Vu Ngoc Anh ... 50 5. CURRENCY MANIPULATION PROBLEM - LEARNINGS FOR VIETNAM

Assoc. Prof. PhD. Nguyen Tien Thuan ... 62 6. SOME FACTORS AFFECTING THE STOCK PRICE OF SOME LISTED CONSTRUCTION COMPANIES IN VIET NAM’S STOCK MARKET

Assoc. Prof. PhD.Vu Van Ninh, MSc. Nguyen Thi Thuy Dung ... 73 7. PRIORITY STATE BUDGET MANAGEMENT IN THE STATE AUDIT OFFICE OF VIET NAM

MSc. Nguyen Thanh Hue, Associate Professor. PhD. Truong Thi Thuy ... 79 8. ANALYZING THE IMPACT OF ASEAN SINGLE WINDOW ON IMPROVEMENT

OF LOGISTICS PERFORMANCE INDEX: A CASE OF ASEAN COUNTRIES AND POLICY IMPLICATIONS FOR VIETNAM

Assoc. Prof. PhD.Vu Duy Nguyen, MSc. Nguyen Quynh Anh, PhD.Nguyen Thi Thuy Hong ... 93 9. APPLICATION OF PUBLIC ACCOUNTING STANDARDS TO ACCOUNTING OF FIXED ASSETS IN PUBLIC NON-BUSINESS UNITS IN VIETNAM

PhD. Nguyen Dao Tung, PhD. Hy Thi Hai Yen...107 10. CORPORATE TAX POLICY AND GROWTH OF SMES IN VIET NAM - SOME POLICY RECOMMENDATIONS

Msc Luu Huyen Trang ...112 11. REFORMING THE TAX SYSTEM TO 2030 TOWARDS TO A SUSTAINABLE BUDGET STRUCTURE

MSc. Nguyen Tien Kien, MSc. Nguyen Chien Thang ...125 12. THE HUMAN RESOURCES OF INDEPENDENT AUDITING SITUATION AND SOLUTIONS

Associate Professor. PhD. Pham Tien Hung ...136 13. ACCOUNTING IN THE AGRICULTURAL SECTOR IN VIETNAM

PhD. Bui Thi Hang, M.Phil. Pham Thi Xinh ...149 14. POLICY-ORIENTED RECOMMENDATIONS TO CUSHION THE IMPACT OF COVID-19 ON MSMES IN THE PRIVATE SECTOR

Assoc.prof. PhD.Nhu Trong Bach, PhD. Nguyen Thuy Linh ...158 15. EVALUATION ON THE IMPACT OF CIRCULAR ECONOMY MODEL TO BUSINESS EFFICIENCY OF LISTED SEAFOOD

ENTERPRISES IN VIETNAM

PhD’s student.Pham Thi Thuy Van, MA. Le Minh Thanh ...170 16. MANAGING THE STATE BUDGET EXPENDITURE CYCLE BASED ON THE OUTPUT RESULTS IN VIETNAM

PhD. Nguyen Thi Kim Lien ...179

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17. IMPACTS OF HUMAN RESOURCES DEVELOPMENT ON ECONOMIC GROWTH: AN EXPERIMENTAL RESULT OF VIETNAM

PhD. Vo Thi Van Khanh ...191 18. DIVESTMENT OF STATE-OWNED SHARE AND VIETNAMESE LISTED FIRM PERFORMANCE

Associate Professor. PhD. Doan Huong Quynh, PhD. Nguyen Anh Quang, Vu Hoang Mai ...198 19. IMPACT OF VIETNAMESE UNIVERSITIES’ FINANCIAL AUTONOMY ON STUDENTS’ CHOICE OF SCHOOL

Msc. Luu Huyen Trang, Thai Thi Anh, Hoang Yen Huong, Than Thi Thuy ...207 20. MIDDLE LEVEL MANAGER ASSESSMENT IN VIETNAM PRIVATE ENTERPRISES

PhD. Dao Thi Huong, PhD. Trieu Dinh Phuong, MA. Nguyen Thu Hang, PhD. Nguyen The Anh ...219 21. RELATIONSHIP BETWEEN GREEN GROWTH AND SUSTAINABLE GROWTH

Assoc. Prof. PhD. Nguyen Vu Viet, PhD. Nguyen Thi Thuy Nga ...233 22. THE TREND OF USINGFINANCIAL INSTRUMENTS FOR GREEN DEVELOPMENT

IN SOME COUNTRIES AND LESSONS FOR VIETNAM

PhD. Pham Thai Ha ...239 23. THE ROLE OF VIETNAMESE PRIVATE ECONOMIC SECTOR IN THE DEVELOPMENT

OF THE NATIONAL ECONOMY IN THE CONTEXT OF INTERNATIONAL INTEGRATION

Assoc. Prof. PhD. Ngo Thi Thu Hong, MSc. Le Thi Yen Oanh ...246 24. LAND FINANCE POLICY TO ATTRACT NEW GENERATION FDI IN VIETNAM

PhD Student. Hoang Phuong Anh, Bc. Hoang Lan Huong ...254 25. PROMOTING INNOVATION ACTIVITIES IN VIETNAM’S PROCESSING AND MANUFACTURING ENTERPRISES

PhD. Nguyen Hong Chinh, PhD. Luu Huu Duc, MA.Hoang Thi Hong Hanh, Nguyen Xuan Lam ...266 26. THE IMPACT OF FOREIGN DIRECT INVESTMENT (FDI) ON VIETNAM’S PARTICIPATION IN THE GLOBAL VALUE CHAIN

PhD. Pham Van Nghia, MA. Vu Thi Thanh Huyen, PhD. Dong Thi Ha ...276 27. APPLICATION OF CAPITAL ADEQUACY STANDARDS OF BASEL II AT MILITARY JOINT STOCK COMMERCIAL BANK

MA. Nguyen Duc Thinh, MA. Nguyen Tien Thanh ...286 28. IMPROVE THE ROLE OF THE STATE IN THE ECONOMIC MANAGEMENT OF THE STATEIN THE CURRENT CONTEXT

PhD. Nguyen ThanhGiang, MA. Nguyen Thu Hương ...294 29. INTERNATIONAL EXPERICENCE ON USING STRUCTURAL- FUNCTIONAL ANALYSIS

IN BANKING SUPERVISION AND THE LESSON FOR VIETNAM

PhD. Hoang Thi Thu Hương ...302 30. DETERMINANTS OF CAPITAL STRUCTURE: EVIDENCE FROM LISTED CONSUMER DISCRETIONARY COMPANIES

ON HO CHI MINH STOCK EXCHANGE

PhD. Bui Thi Ha Linh1, Chu Le Thuy Quynh1, Nguyen Thuy Trang ...310 31. CURRENT STATUS AND TRENDS IN THE USE OF ARTIFICIAL INTELLIGENCE (AI) IN ACCOUNTING

Assoc. Prof. PhD. Chuc Anh Tu ...322 32. IMPACTS OF PUBLIC EXPENDITURE ON PRIVATE INVESTMENT – POLICY IMPLICATIONS FOR VIETNAM

PhD. Pham Thi Thanh Van ...334 33. PROMOTING VIETNAMESE PRIVATE ECONOMIC SECTOR IN THE CONTEXT OF THE INTERNATIONAL INTEGRATION

PhD. Tran Hai Long, PhD. Nguyen Thi Nga ...344 34. IN TERMS OF GENDER EQUALITY: VIETNAM LABOR FORCE IN 2020

PhD. Pham Van Nghia, MA.Dinh Mai Huong, Nguyen Ha My ...357

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35. DETERMINANTS OF FIRM VALUE CHANGES IN THE CONTEXT OF COVID-19:

AN EMPIRICAL EVIDENCE FROM LISTED COMPANIES ON HO CHI MINH STOCK EXCHANGE

Dang Truong Thinh, Nguyen Thu Ha, Dam Viet Hoang, PhD. Tran Thanh Thu ...363 36. RESTRUCTURING STATE BUDGET REVENUE SUSTAINABLY TO PROMOTE

THE DEVELOPMENT OF NON-STATE ENTERPRISES - A CASE STUDY OF NGHE AN PROVINCE

PhD candidate. Nguyen Thi Thanh Hai ...375 37. SITUATION OF SUSTAINABILITY REPORTS DISCLOSURE AT LISTED COMPANIES OF FOOD INDUSTRY IN VIETNAM

MSc. Ngo Quang Tuan ...383 38. BUSINESS MODEL OF SMALL AND MEDIUM ENTERPRISES IN VIETNAM UNDER THE CONTEXT OF COVID 19 PANDEMIC

PhD. Nguyễn Thị Nhung, MA. Nguyễn Linh Phương, PhD. Nguyễn Thị Phương Ngọc ...388 39. THE IMPACT OF SOCIAL MEDIA INFLUENCER MARKETING STRATEGY (SMIM)

ON THE CONSUMPTION DECISIONS OF STUDENTS IN HANOI

MA. Nguyen Quynh Nhu, Tran Thanh Trang, Pham Thu Hang ...397 40. STATE OWNERSHIP AND FINANCIAL LEVERAGE: CASE OF VIETNAMESE COMMERCIAL BANKS

PhD. Pham Hai Nam ...410 41. MACROECONOMIC FACTORS AFFECTING VIETNAMESE STOCK PRICES

PhD student. Nguyen Tuan Minh ...421 42. DISCUSSION ABOUT THE MODEL OF DIVIDEND POLICY AT LISTED SEAFOOD COMPANIES IN VIETNAM IN THE CURRENT PERIOD

PhD. Bach Thi Thu Huong, PhD. Bach Thi Thanh Ha ...429 43. CREDIT QUALITY FOR PRIVATE ENTERPRISES IN COMMERCIAL BANKS IN VIETNAM

MSc. Pham Thanh Loc ...440 44. THE SUSTAINABILITY OF VIETNAM’S STATE BUDGET REVENUE BY STRUCTURE IN THE PERIOD OF 2015 – 2019

Associate. Professor. PhD. Nguyen Trong Than, PhD. Luong Quang Hien, PhD.Nguyen Phi Hung, MA. Ha Tuan Vinh ...458 45. FINANCIAL RISK MANAGEMENT IN VIETNAM REAL ESTATE ENTERPRISES

MSc. Vu Thi Hang Nga ...465 46. IMPROVING THE MANAGEMENT OF STATE BUDGET EXPENDITURE THROUGH THE STATE TREASURY OF VIENTIANE PROVINCE,

LAO PEOPLE’S DEMOCRATIC REPUBLIC

PhD student. Vilakoun Khamla ...474 47. SOME SOLUTIONS TO PROMOTE E-INVOICE MANAGEMENT FOR BUSINESSES IN VIETNAM

MSc .Truong Thi Thu Ha ...487 48. STRATEGY FOR VIETNAM TO DEVELOP DIGITAL HUMAN RESOURCE READY

FOR DIGITAL TRANSFORMATION FROM SINGAPORE EXPERIENCE

PhD. Nguyen Ngoc Anh, PhD. Pham Tuan Anh, PhD.Bui Khac Linh, PhD.Pham Manh Hung ...498 49. NATIONAL AESTHETIC POINT OF VIEW AND SUSTAINABLE DEVELOPMENT OF THE COUNTRY

PhD. Nguyen Ngoc Anh ...510 50. NATIONAL BUDGET RECONCILIATION FOR COLLECTIVE ECONOMY DEVELOPMENT IN THE PERIOD FROM 2021 TO 2025

Msc. Nguyen Thi Dieu, Msc. Hoang Hai Ninh, Nguyen Minh Hoang ...519 51. FACTOR AFFECTING BUSINESS PERFORMANCE – THE CASE OF ENERGY FIRMS ON VIETNAMESE STOCK EXCHANGES

PhD. Nguyen Van Chien ...535 52. PROMOTING THE DEVELOPMENT OF VIETNAM’S PRIVATE SECTOR

MSc. Hoang Hai Ninh, Bui Thi Ngan, Do Thuy Dung, Pham Thi Thuy Duong...545

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53. PRIVATE ECONOMIC SECTOR - IMPORTANT DRIVING FORCE OF ECONOMIC GROWTH, ECONOMIC DEVELOPMENT

Asc. Prof.PhD. Vu Thi Vinh, Hoang Lan Huong ...555 54. GREEN ECONOMIC DEVELOPMENT IN VIETNAM TO MINIMUM ENVIRONMENTAL POLLUTION AND CLIMATE CHANGE

PhD. Hoang Thi Bich Loan ...563 55. PROPOSED RESEARCH MODEL OF IMPACT OF ORGANIZATIONAL CULTURE

ON YOUNG EMPLOYEE COMMITMENT TO ENTERPRISES

PhD. Nguyen Thi Phuong Ngoc, PhD. Vo Thi Thu Dieu ...580 56. ORIENTATION FOR DEVELOPMENT OF VIETNAMESE CORPORATE CULTURE IN THE CONTEXT OF INDUSTRIAL REVOLUTION 4.0

PhD. Vo Thi Thu Dieu, MBA. Mai Ba Gia Han ...595 57. SUSTAINABLE RELATIONSHIP DEVELOPMENT BETWEEN SMES IN QUANG NGAI PROVINCE AND THEIR EMPLOYEES

PhD. Nguyen Thi Le Huyen ...607 58. THE IMPACT OF COVID 19 STANDARDS ON THE CAPACITY OF AIRLINE BUSINESS

MA. Truong Thao Nghi ...621 59. DOES CHIEF EXECUTIVE OFFICER POWER HAVE AN IMPACT ON EARNINGS MANAGEMENT: EMPIRICAL EVIDENCE IN VIETNAM ..

PhD. Ngo Nhat Phuong Diem, MA. Le Tuan Van, PhD student. Doan Thi Thu Thuy ...630 60. REMOTE AUDIT – THE DIGITAL FUTURE OF INTERNAL AUDIT

MA. Ung Hien Nha Thi, MA. Nguyen Thi Ngoc Oanh, MA. Duong Thi Thuy Lien, MA. Nguyen Thi Thanh Chau, MA. Phan Thi Sao Vi ...642 61. INTERNAL AND MACROECONOMIC FACTORS AFFECTING THE CAPITAL ADEQUACY RATIO

OF COMMERCIAL BANKS IN VIETNAM

Associate Professor. PhD. Phan Thi Hang Nga, PhD. Nguyen Tan Hung ...653 62. MECHANISMS FOR PRIVATE SECTOR TO PARTICIPATE IN THE PROVISION OF PUBLIC SERVICES USING THE STATE BUDGET

PhD. Pham Thu Thuy ...665 63. THE INTERACTION OF GOVERNMENT AND PRIVATE SECTOR IN THE TIMES OF COVID-19 PANDEMIC

PhD. Bui Thi Thuy Nhi ...677 64. IDENTIFY AND REMOVE BARRIES FOR PRIVATE SECTOR TO BECOME AN IMPORTANT DRIVING FORCE OF VIETNAM’S ECONOMY

Assoc. prof. PhD. Pham Thi Tuy ...682 65. MOBILIZATION OF PARTICIPATION OF PRIVATE SECTOR IN INFRASTRUCTURE DEVELOPMENT IN VIETNAM IN

THE FORM OF PUBLIC- PRIVATE PARTNERSHIP

PhD. Nguyen Thi Tinh ...694 66. BUSINESSES IN THE CONTEXT OF THE COVID 19 PANDEMIC

Associate.Professor. PhD. Phan Thi Thoa, PhD. Nguyen Thanh Quy, MA. Nguyen Thi Thu Hien ...705 67. MOBILIZING INVESTMENT CAPITAL FOR APPLICATION OF SCIENCE

AND TECHNOLOGY FOR TOURISM DEVELOPMENT IN NGHE AN PROVINCE

M. Fin. Nguyen Thanh Huyen ...715 68. THE IMPACTS OF GROWTH ON PROFITABILITY:

EVIDENCE FROM THE SEAFOOD COMPANIES LISTED ON THE VIETNAM STOCK EXCHANGE

PhD. Pham Quynh Mai, Assoc. Prof. PhD. Pham Thi Thanh Hoa, Nguyen Dinh Minh Hieu ...720 69. SOME OUTSTANDING ISSUES FOR VIETNAM’S GREEN ACCOUNTING IN THE CONTEXT OF GLOBALIZATION

MSc. Linh Ba Nguyen ...730 70. CONTINUED CONFIRMING THE IMPORTANT ROLE OF THE PRIVATE ECONOMY -

IMPORTANT MOVING OF THE ECONOMY IN THE SPIRIT OF THE 13TH PARTY CONGRESS

M.A Bui Xuan Hoa, M.A Hoang Ngoc Bich ...742

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71. OPPORTUNITIES AND CHALLENGES FOR VIETNAM ORGANIC FOOD MARKET

PhD. Luong Thu Thuy, PhD. Tran Thi Phuong Diu ...749 72. CYBERSECURITY FOR SMALL AND MEDIUM-SIZED ENTERPRISES IN THE DIGITAL TRANSFORMATION PROCESS IN VIETNAM TODAY

PhD. Hoang Ngoc Au ...756 73. FOREIGN DIRECT INVESTMENT INTO VIETNAM IN THE NEW CONTEXT

PhD. Tran Thi Phuong Mai ...767 74. IMPLEMENTING CORPORATE SOCIAL RESPONSIBITITY IN THE TREND OF GLOBAL ECONOMIC INTEGRATION

PhD. Ta Dinh Hoa, PhD. Pham Quynh Trang, BBA. Pham Thi Quynh Nga ...775 75. SMART HEALTH – SMART CITY A CASE STUDY FOR PROTECTING COMMUNITY HEALTH IN VIETNAM

PhD Student. Vu Ngoc Anh, Associate Professor. PhD. Ha Minh Son ...785 76. FACTORS AFFECTING THE PRIVATE ECONOMY IN AGRICULTURE

MA. Nguyen Thi Phuong Tuyen, MA. Truong Thi Ly, MA. Pham Thi Hong Que ...790 77. IMPACT OF CEO’S SHARE OWNERSHIP RATIO ON FINANCIAL STATEMENT QUALITY

OF INDUSTRY GROUP COMPANIES LISTED ON THE HO CHI MINH STOCK EXCHANGE

MA. Le Thi Men ...800 78. IMPACT OF COBIT ON THE ESTABLISHMENT OF ACCOUNTING INFORMATION SYSTEM IN CURRENT BUSINESSES

PhD Student. Lam Thi My Yen, PhD. Bui Thi Yen Linh ...810 79. INTERNAL AUDIT AT LISTED COMPANIES IN VIETNAM - THEORY AND PRACTICE

PhD. student. MAc. Tran Thi Thu Phuong, MAc. Bui Thi Nam ...823 80. ASSESSING THE NEEDS FOR TRAINING IN PRIVATE ENTERPRISES:

A CASE STUDY OF ACCOMMODATION AND TRAVEL FACILITIES IN QUANG NGAI PROVINCE

PhD.student.MA. Tran Thi Truong ...837 81. FACTORS AFFECTING THE COVID-19 RESPONSE STRATEGIES OF MICRO AND SMALL ENTERPRISES IN VIETNAM

PhD. Nguyen Thi Le Huyen, MA. Nguyen Thi Quynh Duyen ...850 82. FACTORS AFFECTING THE SURVIVAL AND DEVELOPMENT OF SMEs IN THE CONTEXT

OF COVID 19 PANDEMIC: EVIDENCE FROM HO CHI MINH CITY

MBA. Nguyen Thi Hong Nhung, MBA. Nguyen Thi Phung, M.FIN. Hoang Thi Ngoc Huong ...865 83. FACTORS AFFECTING CUSTOMER SATISFACTION TOWARDS E-BANKING SERVICES QUALITY:

A RESEARCH AT VIETINBANK – QUANG NGAI BRANCH

MBA. Nguyen Thi Kieu Hoa, MBA. Nguyen Thi Nhu Mai ...877 84. THE COMPETITIVENESS OF VIETNAMESE COMMERCIAL BANKS FROM THE VALUE CHAIN PERSPECTIVE

MA. Nguyen Ngoc Thao Trang ...895 85. DETERMINANTS OF COMMERCIAL BANK STABILITY IN VIETNAM

MSc. Nguyen Thi My Linh ...908 86. SUSTAINABLE TOURISM DEVELOPMENT AFTER PANDEMIC

Associate Professor. PhD. Nguyen Minh Ngoc , PhD. Nguyen Hoang Tien ...921 87. NEED BREAKING VIEWPOINTS PROMOTING THE PRIVATE ECONOMIC SUSTAINABLE DEVELOPMENT

MA. Le Thi Bich Thao ...933 88. CHIEF EXECUTIVE OFFICERS AND FIRM PERFORMANCE: IMPRICAL EVIDENCE IN VIETNAM

PhD. Ngo Nhat Phuong Diem, MBA. Bui Hong Trang ...944 89. STRATEGIES FOR SUSTAINABLE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN VIETNAM

Ngo Quang Bien ...955

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90. APPLICATION OF ARIMA MODEL FOR FORECASTING SUSTAINABLE GROWTH RATE OF LISTED PLASTIC BUSINESSES IN VIETNAM MSc. Tran Phuong Thao ...970 91. DIVIDEND POLICY MODEL – THE CASE OF PUBLICLY LISTED TRANSPORTATION CONSTRUCTION COMPANIES IN VIET NAM MARKET

MSc. Nguyen Thi Thuy Dung ...980 92. FACTORS AFFECTING THE ATTITUDE OF FREIGHT FORWARDERS IN HO CHI MINH CITY TOWARDS BLOCKCHAIN TECHNOLOGY

PhD. Nguyen Thanh Hung ...991 93. INNOVATION OF POLICY MECHANISM TO PROMOTE PRIVATE ECONOMIC DEVELOPMENT

PhD. Duong Thi Quynh Lien, PhD. Nguyen Phi Hung ... 1007 94. BUILDING FRAMEWORK BUSINESS ANALYSIS TOWARD TO DIGITAL TRANSFORMATION

IN COMMERCIAL BANKING

MA. Hoang Huu Son; MA.Nguyen Tuan Nam, Trinh Huy Hoang ... 1015 95. SOME RECOMMENDATIONS TO COMPLETE THE MEASUREMENT OF PERENNIAL BEARER PLANTS AND BEARER ANIMALS IN

VIETNAM IN THE CONTEXT OF INTERNATIONAL ACCOUNTING INTEGRATION

PhD. Bui Thi Thu Huong, PhD. Do Thi Lan Huong, MAc. Nguyen Huong Giang ... 1027 96. RECURRENT PUBLIC EXPENDITURE MANAGEMENT: CASE OF STATE AUDIT OFFICE OF VIETNAM

MSc. Nguyen Thanh Hue ... 1034 97. SUSTAINABLE AGRICULTURE DEVELOPMENT AND E-COMMERCE INTENSIFICATION IN VIETNAM’S AGRICULTURE

PhD. Đoan Thi Hai Yen ... 1046 98. IMPROVING THE QUALITY OF PRIVATE SECTOR LOANS AT THE JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT

OF VIETNAM

Assoc. Prof. PhD. Dinh Xuan Hang, PhD student. Dinh Nguyen Bao Anh ... 1051 99. DEVELOPING VIETNAM’S PRIVATE ECONOMY IN THE CONTEXT OF COVID-19 PANDEMIC:

A CASE STUDY IN HANOI

Assoc. Prof. PhD.Ngo Thanh Hoang, PhD.Nguyen Thi Thu Huong ... 1054

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We are pleased to welcome you to The Third International Conference on “Finance and Accounting for the Promotion of Sustainable Development in Private Sector”, (FASPS-3), which is jointly organized by Academy of Finance, University of Finance - Marketing, University of Finance - Accounting, Institute of Finance Training.

According to the Resolution of the XIII Communist Party Congress, there have been multiple viewpoints and directions on state management in which there are significant viewpoints on private economy. Continue to promote thinking and awareness of private sector development and make private sector a “major motivator” of the socialist-oriented market economy in Vietnam. However, there are various difficulties and challenges ahead for private sector in the years to come. In 2021, Academy of Finance schedules to coordinate with other schools and institutes under Ministry of Finance to organize an international conference on “Finance and Accounting for the Promotion of Sustainable Development in Private Sector”. With goals to achieve recommendations, analyses, assessments, policies and solutions regarding finance and accounting to promote the sustainable development of private sector and ensure the overall goal to turn Vietnam into a high-income nation by 2045. We are especially honoured to have:

1. Associate Professor Simone Domenico Scagnelli - Accounting and Finance School of Business and Law, Edith Cowan University, Perth, Australia

2. Associate Professor Farhad taghizadeh-hesary - PhD/Associate Professor of Economics, Tokai University/Visiting Professor, Faculty of Economics, Keio University.

We are indebted to members of the Organizing Committee particularly, Professor Trong Co Nguyen (President of Academy of Finance, Vietnam), for their support to make this International Conference a great success.

We are indebted to members of the Organizing Committee for their support to make this International Conference a great success.

We wish you all an intellectually stimulating and productive conference!

On behalf of the Organizing Committee,

Nguyen Trong Co

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FOR THE PROMOTION OF SUSTAINABLE DEVELOPMENT IN PRIVATE SECTOR (FASPS3)

T

^{he 5}^th Meeting of the Party Central Committee (Term XII) released Resolution 10-NQ/TW regarding the development of private sector. The resolution set goals at the promotion of private sector to be a key motivator for the socialist-oriented market economy, fast and sustainable growth of private sector in both number and scale against GDP. The 13^th Party Congress confirmed

“fast and sustainable development of private sector will actually be an important motivator for economic development”. This is a big and consistent policy of the Party while promoting the private sector to continue developing, while promoting the role of private sector in socio-economic development and strengthening national security in the new situation. According to the 13th Party Congress, the role and position of the private economy has been raised, considering it as the driving force of the economy. It is necessary to continue to improve institutions, especially practical direction, and instruction to properly implement guidelines and policies, and further promote the potential of the private economy. After more than 35 years of reform, under the leadership of the Party, the private economy has developed widely throughout the country, making important contributions to economic development, mobilizing social resources for production and business, creating more jobs, improving the living of people, increasing the state budget, consolidating political stability and social security. The private economy continuously kept a good growth rate, accounting for 39-40% of GDP, attracting about 85% of the economy’s workforce, making an important contribution to mobilizing social resources for investment and development of production and business, economic growth, economic restructure, state budget revenue, job creation, improvement of people’s living and social security.

However, the productivity and growth rate of the private sector are low and limited, most enterprises in this sector are micro and small size (accounting for over 97% of the total number of enterprises), their technology capacity is still limited as well, and even in some extent, it is still backward; enterprises have not invested properly in the application and development of science and technology, especially core technology and disruptive technology, etc.

In addition, the number of newly established private enterprises are high, but their ability to survive and develop is low, the increase in the number of private enterprises has not been associated with a breakthrough in development quality. To develop private sector in the period of 2021 - 2030, it is necessary to create opportunities for the private economy, especially private enterprises. and sustainable development based mainly on science and technology, innovation, and

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digital transformation; innovating thinking and acting, proactively grasping in time, effectively taking advantage of opportunities of the Fourth Industrial Revolution in association with the international integration process to restructure the economy, develop the economy. digital economy, digital society; improve productivity, quality, efficiency, and competitiveness.

In order to build and facilitate a system of theoretical and practical bases with more complete solutions and recommendations for the rapid and sustainable development of the private economy in the new context, the Academy of Finance associates with the University of Finance and Marketing, the University of Finance and Accounting and the Institute of Financial Training to co-organize the third International Conference on: “Finance and Accounting for the Promotion of Sustainable Development in Private Sector”. The conference has attracted the participation of hundreds of scientists from local and global universities, academies, research institutes, businesses, and organizations. The Organizing Committee has received 120 contribution articles and has selected and edited 98 qualified articles to be published in the Proceedings. The articles focus on analyzing, evaluating, and sharing views on economics, finance, administration, human resources, accounting and auditing, policies, etc. in association with the development of the private economy.

The research articles have high scientific content, demonstrating the diversity in approaches to rapid and sustainable private economic development. The Organizing Committee expects that the conference will be an academic forum to link local and global scientists, managers, business administrators and professional organizations to exchange and share views and recommend solutions to economics, finance and accounting, governance, digital transformation, guidelines and policies, resources and barriers, advantages and disadvantages of the private economy....to promote the private sector become an important motivator for economic development in Vietnam in the coming period.

We wish all delegates, researchers and scientists good health, happiness and success.

Thank you very much,

ORGANIZING COMMITTEE

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Assoc. Prof. PhD. Nguyen Trong Co¹, PhD. Ngo Thi Thuy Quyen¹, Assoc. Prof. PhD. Nguyen Manh Thieu¹

Abstract: Bac Kan province possesses the characteristics of a northern mountainous province where socio-economic conditions still face many difficulties, with a large number of ethnic minorities and mainly be financed by funding from the central budget. Over the past few years, the education and training sector of Bac Kan province has focused on promoting and improving the efficiency of financial management in general through various tools and measures, including the assignment of financial autonomy for education and training institutions in the province. This has opened up and created opportunities for education and training institutions to improve their positivity, initiative and creativity in managing their finances and assets, using the allocated state budget economically and efficiently. This article aims at analyzing and evaluating the process of financial autonomy implementation at non-business units of education and training in Bac Kan province, thereby specifying the achieved results, limitations and reasons to propose feasible solutions to enhance the implementation of autonomy, contributing to improving the efficiency of financial management in these units.

Keywords: financial autonomy, education career

INTRODUCTION:

Measurement of effectiveness in financial management of education” is a complex issue, not only because “effectiveness” itself, “measurement of effectiveness” are frequently used terms but it is difficult to determine the evaluation criteria, but also because educational products are cumulative and multidimensional, while the market price of educational products is not available or very difficult to value; In addition, the content of financial management in education is also not a simple matter.

Financial management in public non-business units in general and non-business education units (NBEU) in particular is often studied according to the contents associated with financial flows in the unit, including: revenue sources, task of spending, defining and processing, and distributing results.

These are also the contents that are assigned autonomously to the non-business education units.

With the aim of proposing solutions to improve the efficiency of financial management of non-business education units in Bac Kan province, through solutions to enhance their financial autonomy, this article consists of 3 main parts as follows:

1 Email: nguyentrongco@hvtc.edu.vn Academy of Finance

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1.Overview of Bac Kan Province and their system of non-business education units 2.A brief overview of the financial autonomy situation at non-business education units in Bac Kan province

3.Proposal of solutions to enhance financial autonomy in non-business education units in Bac Kan province

Content:

1.OVERVIEW OF BAC KAN PROVINCE AND THEIR SYSTEM OF NON-BUSINESS EDUCATION UNITS

Bac Kan is a mountainous province located in the inland center of the Northeastern region of Vietnam. There are 8 administrative units, including 01 city (Bac Kan city) and 07 districts (Ba Be, Bach Thong, Cho Don, Cho Moi, Na Ri, Ngan Son, Pac Nam) with 108 communes and wards. Bac Kan’s population (as of April 1^st, 2019) is 313,905 people, ranking 63rd in the country (of which, the Kinh ethnic group has 37,615 people, accounting for 11.98%). The per capita income of Bac Kan citizen ranks only 60/63 provinces and cities across the country, with multidimensional access poor households accounting for over 19% of the total number of households in the area, ranking at the 6^th out of 63 provinces.

Bac Kan people live quite separately due to the sparse population density (65 people/km2), plus complicated terrain and unfavorable traffic condition, thus, the organization of community activities as well as cultural, education and health care development are all facing difficulties.

The annual budget revenue of Bac Kan province has been low (accounting for only about 20% of the total state budget revenue), the expenditure source for the operational activities of the whole province is largely dependent on the central budget.

Currently, Bac Kan has 17 provincial non-business education units, including 1 political school, 2 centers, 1 college and junior and high schools.

With the characteristics of a mountainous province, the number of state-financed students always accounts for a certain percentage (about 30%), but the non-business units in the field of education and training in Bac Kan province always fulfill their teaching and learning tasks, step by step improving the quality of education and training services. The majority (95%) of the teachers at the non-business education units in Bac Kan province have graduate or higher degrees, the number of excellent teachers at all levels has always been maintained at 9% in the whole period of 2013 - 2019.

2. A BRIEF OVERVIEW OF THE FINANCIAL AUTONOMY SITUATION AT NON-BUSINESS EDUCATION UNITS IN BAC KAN PROVINCE

2.1. The status of classification of non-business education unit types at the provincial level in Bac Kan province In each period of autonomy, the management agencies at all levels of Bac Kan province have issued decisions to assign autonomy to each unit. However, having the characteristics of a mountainous province, the average rate of expenditure on education and training has remained low, thus, the implementation of the autonomy mechanism in non-business education units has