Rice Mill Vietnam
Investment of Rice Mills in Vietnam
The Role of Financial Market Imperfections and Uncertainty
Le Khuong Ninh
ISBN 90-367-1836-8
ii
Rijksuniversiteit Groningen
Investment of Rice Mills in Vietnam
The Role of Financial Market Imperfections and Uncertainty
Proefschrift
ter verkrijging van het doctoraat in de Economische Wetenschappen aan de Rijksuniversiteit Groningen op gezag van de Rector Magnificus, dr. F. Zwarts, in het openbaar te verdedigen op donderdag 3 juli 2003 om 14.30 uur
door
Le Khuong Ninh geboren op 28 september 1965 te Can Tho (Vietnam)
Promotor: Co-promotores:
Prof.dr. F.M. Tempelaar Dr. G.J. Lanjouw Dr. C.L.M. Hermes Prof.dr. L.H. Hoogduin Prof.dr. B.W. Lensink Prof.dr. H. Visser
Beoordelingscommissie :
iv
Acknowledgements
This dissertation is the outcome of my work at the Faculty of Economics of the University of Groningen and the School of Economics and Business Administration of Cantho University in Vietnam, which was part of Project No. 2 within the NUFFIC-MHO cooperation between Cantho University and Dutch institutions of higher education. Many people have been of great help in completing this dissertation. I would like to thank all of them, both in person and in these acknowledgements. Unfortunately, it is not possible to mention all on this page. I am grateful to Professor Frans Tempelaar for giving me invaluable advice on so many issues. My special thanks are devoted to Ger Lanjouw and Niels Hermes, who have been so helpful that I could not have finished this dissertation without their help. Moreover, Ger Lanjouw has done everything possible to make my stay as easy as it could ever be. Niels Hermes has greatly encouraged me, especially when we, together with Ger Lanjouw, were in Lake Tahoe, Nevada, shortly after I started this dissertation. I would also like to thank Professor Robert Lensink for his interest in my work and his very useful comments, and Professors Lex Hoogduin and Hans Visser
The Role of Financial Market Imperfections and Uncertainty
Le Khuong Ninh
ISBN 90-367-1836-8
ii
Rijksuniversiteit Groningen
Investment of Rice Mills in Vietnam
The Role of Financial Market Imperfections and Uncertainty
Proefschrift
ter verkrijging van het doctoraat in de Economische Wetenschappen aan de Rijksuniversiteit Groningen op gezag van de Rector Magnificus, dr. F. Zwarts, in het openbaar te verdedigen op donderdag 3 juli 2003 om 14.30 uur
door
Le Khuong Ninh geboren op 28 september 1965 te Can Tho (Vietnam)
Promotor: Co-promotores:
Prof.dr. F.M. Tempelaar Dr. G.J. Lanjouw Dr. C.L.M. Hermes Prof.dr. L.H. Hoogduin Prof.dr. B.W. Lensink Prof.dr. H. Visser
Beoordelingscommissie :
iv
Acknowledgements
This dissertation is the outcome of my work at the Faculty of Economics of the University of Groningen and the School of Economics and Business Administration of Cantho University in Vietnam, which was part of Project No. 2 within the NUFFIC-MHO cooperation between Cantho University and Dutch institutions of higher education. Many people have been of great help in completing this dissertation. I would like to thank all of them, both in person and in these acknowledgements. Unfortunately, it is not possible to mention all on this page. I am grateful to Professor Frans Tempelaar for giving me invaluable advice on so many issues. My special thanks are devoted to Ger Lanjouw and Niels Hermes, who have been so helpful that I could not have finished this dissertation without their help. Moreover, Ger Lanjouw has done everything possible to make my stay as easy as it could ever be. Niels Hermes has greatly encouraged me, especially when we, together with Ger Lanjouw, were in Lake Tahoe, Nevada, shortly after I started this dissertation. I would also like to thank Professor Robert Lensink for his interest in my work and his very useful comments, and Professors Lex Hoogduin and Hans Visser