The impacts of COVID-19 pandemic on retailing in Vietnam: current situations and recommendations

The COVID-19 pandemic seriously impacted almost the fields of the Vietnam economy in the shortterm and long-term, including the retail industry. While, retailing is regarded as one of the most strongly-impacted fields, but it also expresses the quick capability of recovery in comparison to other sectors. This study has been carried out to evaluate and analyze holistically the major effects of the pandemic on the Vietnam retail industry with nine critical impacts: the number of shoppers decreases; great volatility in the rental market; closed shops, maximum staff cuts; retail sales decline seriously; the explosion of e-commerce and home delivery services; change the campaign and decrease marketing budget; invest in building new online sales channels; convert consumption from offline to online and increase stockpiles of goods in the epidemic. Based on these analyses, the author recommends several significant suggestions for the Vietnam government including (1) directly support by in cash for the closed-stores during the pandemic for the traditional retailing; (2) quickly implement liquidity support packages and offer credit packages with preferential interest rates for the modern retailers; (3) solving problems of labor shortages in businesses that produce essential products; (4) increasing the essential stockpile source and manage efficiently the market supply. While some suggestions are delivered for retail businesses to overcome the recession and boost growth after the pandemic: (1) understand customers' problems; (2) reshape business strategy; (3) keep in touch with stakeholders and (4) expand new sales channels. The above suggestions are recommended on the basis of the bright outlooks from both macro factors and the internal retailing market.

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Economic Turmoil in Islamic Banking Investment

ETIKONOMI ◽

10.15408/etk.v19i2.17206 ◽

2020 ◽

Vol 19 (2) ◽

Author(s):

Budiandru Budiandru ◽

Sari Yuniarti

Keyword(s):

Interest Rates ◽

Stock Price ◽

Time Series Data ◽

Series Data ◽

Islamic Banking ◽

Vector Error Correction ◽

Investment Financing ◽

Vector Error ◽

Operational Activities

Investment financing is one of the operational activities of Islamic banking to encourage the real sector. This study aims to analyze the effect of economic turmoil on investment financing, analyze the response to investment financing, and analyze each variable's contribution in explaining the diversity of investment financing. This study uses monthly time series data from 2009 to 2020 using the Vector Error Correction Model (VECM) analysis. The results show that the exchange rate, inflation, and interest rates significantly affect Islamic banking investment financing in the long term. The response to investment financing is the fastest to achieve stability when it responds to shocks to the composite stock price index. Inflation is the most significant contribution in explaining diversity in investment financing. Islamic banking should increase the proportion of funding for investment. Customers can have a larger business scale to encourage economic growth, with investment financing increasing.JEL Classification: E22, G11, G24How to Cite:Budiandru., & Yuniarti, S. (2020). Economic Turmoil in Islamic Banking Investment. Etikonomi: Jurnal Ekonomi, 19(2), xx – xx. https://doi.org/10.15408/etk.v19i2.17206.

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Federal Budget Deficits and Long-Term Interest Rates in USA

CFA Digest ◽

10.2469/dig.v39.n3.32 ◽

2009 ◽

Vol 39 (3) ◽

pp. 40-41

Author(s):

Michael Kobal

Keyword(s):

Interest Rates ◽

Federal Budget ◽

Budget Deficits

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Perencanaan Strategi TIK Proses Belajar Mengajar di Learning Center

Jurnal ULTIMA InfoSys ◽

10.31937/si.v8i1.552 ◽

2017 ◽

Vol 8 (1) ◽

pp. 22-28

Author(s):

Sunardi Sunardi ◽

Dina Fitria Murad

Keyword(s):

Process Improvement ◽

Business Strategy ◽

Educational Institution ◽

Learning Center ◽

Language Training ◽

Short Term ◽

Participant Satisfaction ◽

Strategy Planning ◽

The Moment

BINUS Center is the informal educational institution that organizes IT and language training. Inrecent years the revenue BINUS Center continues to decrease, it is evident from the outlet BINUS Center decreased from year to year. The purpose of making this research is to make strategy planning Business & ICT, create new models of learning supported by ICT strategy,test and measure the results obtained, and then made some strategic ideas at the moment and will come in the form of short-term priorities, medium and long term. The result is a cost that can be in the efficiency, a more flexible, first-class runs with a minimal number of participants, participant satisfaction, and competitive advantage. Keywords: business strategy, ICT strategy, business process improvement, priority.

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