Võ Hồng Đức

Võ Hồng Đức

PhD University of Western Australia, Australia

Duc Hong Vo is a Professor of Applied Economics and Finance. He has been working at the Australian Energy Regulator in Melbourne from 2017. He had been working at the Economic Regulation Authority, Perth, Australia from 2008 to 2016 as the Head, responsible for Research and Modelling Branch. Duc has been appointed as an advisor for the Financial Markets and Services Research Centre at Edith Cowan University, Australia. He is currently the Head and Executive Director of the Business, Economics & Resources Research Center, Ho Chi Minh City Open University. Prof. Vo is the Chairman of the “Live for A Reason: Supporting Disadvantaged Kids to Schools” Foundation and the Chief Executive Officer for the AMV’s Expert Advisory and Consulting Firm in Australia.

Duc has more than 20 years of teaching experience in Australia and Vietnam for various universities such as the University of Western Australia; Curtin University; Edith Cowan University; University of Queensland; HCMC Open University; Economic University HCMC; HCMC Banking University; Western Sydney University; Quebec University as well as the Vietnam-the Netherlands Economic Program. Units taught include Merger & Acquisition; Funds Management; Valuation & Value Creation; Financial Analysis and Modelling; Project Appraisal; International Finance; Managerial Finance; Advanced Corporate Finance; Financial Risk Management; Portfolio Management; Derivatives: Markets and Products; Microeconomics; Macroeconomics; Mathematical Economics and Quantitative Methods for Business and Economics.

In terms of research, Duc and his team has attracted more than VND 6 billion (equivalent to approximately AU$350,000) over the last 6 years. He has published more than 100 papers in both international and national academic journals. Findings from his research have been published in over 60 articles in high quality international journals, which are indexed by Web of Science’s ISI and/or Elsevier’s Scopus such as The Journal of Economic Surveys; Applied Economics; Entropy; Journal of Intellectual Capital; North American Journal of Economics and Finance;; Sustainability; Energies; Economic Systems; The Journal of Asian Economics; Journal of the Asia Pacific Economy; Applied Economics Letters; Annals of Financial Economics; Journal of Risk and Financial Management; Emerging Markets Finance and Trade; Economic Papers and many others. Duc has presented, including as the keynote speaker, at conferences in the United States, the United Kingdom, Australia, Japan, Spain, China and Vietnam.

Duc’s current research interest covers a range of topics from corporate finance, international finance and public finance, including cost of capital; market and credit risks; fiscal federalism; energy; financial integration and inequality. He has also acted as a reviewer for various international journals including top field journal, Journal of Econometrics as well as Vietnamese journals.

Dr Duc Vo was awarded a Doctor of Philosophy in Economics in 2008 by the University of Western Australia (UWA). Duc’s PhD study was sponsored by the Australian Government’s prestigious scholarship (the International Postgraduate Research Scholarship) and the UWA’s Postgraduate Awards. Duc was also a recipient of the UQ-VNU scholarship to complete his Master studies at the University of Queensland (UQ), Australia.

Research interests:
International Finance, Corporate and Investment Finance, Corporate Governance, Fiscal Decentralisation and Economic Growth

  1. Duc Hong Vo (2019) “Information Theory and an Entropic Approach to an Analysis of Fiscal Inequality”, Entropy [SCIE & Scopus, Impact Factor of 2.5].
  2. Long Hai Vo and Duc Hong Vo (2019) “ Long-run dynamics of currency markets: A multi-frequency investigation”, The North American Journal of Economics and Finance [SSCI, Impact Factor of 1.2 and ranked A].
  3. Duc Hong Vo (2019) “Portfolio Optimization and Diversification in China: Policy Implications for Vietnam and other Emerging Markets”, Emerging Markets Finance and Trade [SSCI & Scopus, Impact Factor of 0.95].
  4. Anh The Vo, Chi Minh Ho and Duc Hong Vo (2019) “Understanding the Exchange Rate Pass-through to Consumer Prices in Vietnam using SVAR Approach”, International Journal of Emerging Markets [SSCI & Scopus, Impact Factor of 2.3]
  5. Duc Hong Vo, Phuc Van Nguyen, Ha Minh Nguyen, Anh The Vo, and Thang Cong Nguyen (2019) “Derivatives Market and Economic Growth Nexus: Policy Implications for Emerging Markets”, The North American Journal of Economics and Finance [SSCI, Impact Factor of 1.2 and ranked A].
  6. Duc Hong Vo, Anh T. Vo, and Zhaoyong Zhang (2019) “Exchange Rate Volatility and Disaggregated Manufacturing Exports: Evidence from an Emerging Country”, Journal of Risk and Financial Management, Vol. 12, pp. 12-37, 2019 [ESCI].
  7. Duc Hong Vo; Thuan Nguyen; Dao Thi-Thieu Ha and Ngoc Phu Tran (2019) “The Disparity of Revenue and Expenditure among Subnational Governments in Vietnam”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.95]
  8. Anh The Vo, Loan Thi-Hong Van, Duc Hong Vo & Michael McAleer (2019) “Financial Inclusion and Macroeconomic Stability in Emerging and Frontier Markets”, Annals of Financial Economics [ESCI Scopus].
  9. Robert J. Powell, Thach Ngoc Pham, Duc Hong Vo (2019) “Cattle as a Consistently Resilient Agricultural Commodity”, Applied Economics [SSCI and ranked A].
  10. Duc Hong Vo, Tan Ngoc Vu, Anh, The Vo & Michael McAleer (2019) “Modelling the Relationship between Crude Oil and Agricultural Commodity Prices, Energies [SSIE & Impact Factor of 3.01].
  11. Anh Hoang To, Dao Thi-Thieu Ha, Ha Minh Nguyen and Duc Hong Vo (2019) “The Impact of Foreign Direct Investment on Environment Degradation: Evidence from Emerging Markets in Asia”, International Journal of Environmental Research and Public Health, [SSCI SSIE & Impact Factor of 2.5].
  12. Long Hai Vo and Duc Hong Vo (2019) “Application of Wavelet-Based Maximum Likelihood Estimator in Measuring Market Risk for Fossil Fuel”, Sustainability [SSIE SSCI & Impact Factor of 2.8].
  13. Hoang Huy Nguyen, Chi Minh Ho and Duc Hong Vo (2019). “An Empirical Test of Capital Structure Theories for the Vietnamese Listed Firms”, Journal of Risk and Financial Management [ESCI].
  14. Ngoc Phu Tran, Thang Cong Nguyen, Duc Hong Vo and Michael McAleer (2019). “Market Risk Analysis of Energy in Vietnam”, Risks [ESCI Scopus].
  15. Duc Hong Vo, Vuong Minh Nguyen, Phat Ton-Quang Le, Thach Ngoc Pham (2019) “The Determinants of Financial Instability in Emerging Markets, Annals of Financial Economics, 2019 [ESCI Scopus].
  16. Phuc Van Nguyen and Duc Hong Vo (2019) “Macroeconomics Determinants of Exchange Rate Pass-through: New Evidence from the Asia-Pacific Region”, Emerging Markets Finance and Trade, 2019 [SSCI & Scopus, IF of 0.95]
  17. Tan Ngoc Vu, Duc Hong Vo, Chi Minh Ho and Loan Thi-Hong Van (2019) “Modelling the Impact of Agricultural Shocks on Oil Price in the US: A new Approach”, Journal of Risk and Financial Management [ESCI].
  18. Thang Cong Nguyen, Tan Ngoc Vu, Trung Thanh Do, Vuong Minh Nguyen and Duc Hong Vo (2019) “Systematic Risk in the Asia Pacific Region: A Clinical Death?” Review of Pacific Basin Financial Markets and Policies [ESCI].
  19. Duc Hong Vo and Thach Ngoc Pham (2019) “Ageing Population and Economic Growth in Developing Countries A Quantile Regression Approach”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.95].
  20. Duc Hong Vo, Son Van Huynh, Anh The Vo, and Dao Thi-Thieu Ha (2019) “The Importance of the Financial Derivatives Markets to Economic Development in the World’s Four Major Economies”, Applied Econometrics, Vol. 12, pp. 35-53, 2019 [ISI ESCI].
  21. Ha Minh Nguyen, Trong Hoang Bui and Duc Hong Vo (2019) “The Nexus between Economic Integration and Growth: Application to Vietnam”, Annals of Financial Economics, 2019, [ESCI Scopus].
  22. Anh The Vo, Duc Hong Vo and Quan Thai-Thuong Le (2019) “CO2 Emissions, Energy Consumption, Renewable Energy Consumption, and Economic Growth: New Evidence in ASEAN Countries”, Journal of Risk and Financial Management [ESCI].
  23. Duc Hong Vo, Tuan Van Quang, and Trung Vu-Thanh Pham (2019) “Sectoral Risks in Vietnam and Malaysia: A Comparative Analysis”, Advances in Decision Sciences [Scopus].
  24. Thang Cong Nguyen, Anh The Vo, Thach Ngoc Pham, Trung Thanh Do, and Duc Hong Vo (2019) “Gender-based Attitudes toward Income Inequality in the Asia-Pacific Region”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.95].
  25. Duc Hong Vo and Thach Ngoc Pham (2019) “The Impact of Earnings from Elderly Women on Household Income Inequality in Vietnam”, International Journal of Business and Society [Scopus].
  26. Phuong Le-Phuong, Duc Hong Vo, Thang Cong Nguyen and Michael McAleer (2019) “Firm History and Managerial Entrenchment: Empirical Evidence for Vietnam Listed Firms”, Journal of Reviews on Global Economics [Scopus].
  27. Duc Hong Vo, Binh Vo-Ninh Pham, Chi Minh Ho and Michael McAleer (2019) “Corporate Financial Distress of Industry Level Listings in Vietnam”, Journal of Risk and Financial Management [ESCI].
  28. Thach Ngoc Pham and Duc Hong Vo (2019) “Estimating Sectoral Systematic Risk for China, Malaysia, Singapore, and Thailand”, Annals of Financial Economics, 2019, [ESCI Scopus].
  29. Duc Hong Vo and Thach Ngoc Pham (2019) “Ageing population and economic growth in developing countries A quantile regression approach”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.95].
  30. Duc Hong Vo, Phuong Doan Ho, Chi Minh Ho and Michael McAleer (2019) “The Determinants of Systematic Risks in Vietnam”, Advances in Decision Sciences [Scopus].
  31. Duc Hong Vo, Thang Cong Nguyen, and Anh The Vo (2019) “What Factors Affect Income Inequality and Economic Growth in Middle-income Countries?”, Applied Econometrics [ESCI].
  32. Loan Thi-Hong Van, Hoang Huy Vu and Duc Hong Vo (2019) “Corporate Social Responsibility: A Study on Consumer Awareness in Vietnam” Review of Pacific Basin Financial Markets and Policies [ESCI].
  33. Phuong Duy Nguyen, Duc Hong Vo, Chi Minh Ho and Anh The Vo (2019) “Fiscal Decentralisation and Economic Growth across Provinces: New Evidence from Vietnam Using a Novel Measurement and Approach”, Journal of Risk and Financial Management [ESCI].
  34. Duc Hong Vo, Phuong Doan Ho, Chi Minh Ho and Michael McAleer (2019) “Then Gender Wealth Gap by Household Head in Vietnam”, Advances in Decision Sciences [Scopus].
  35. Duc Hong Vo, Loan Thi-Hong Van, Dai Binh Tran, Tan Ngoc Vu and Chi Minh Ho (2019) “The Determinants of Gender Income Inequality in Vietnam: A Longitudinal Data Analysis”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.95].
  36. Ha Minh Nguyen, Duc Hong Vo and Michael McAleer (2019) “Energy Consumption and Economic Growth: Evidence in Vietnam”, Journal of Reviews on Global Economics [Scopus].
  37. Thang Cong Nguyen, Duc Hong Vo, Chi Minh Ho and Dao Thi-Thieu Ha (2019) “Financial Development and Income Inequality in Emerging Markets: A new Approach”, Journal of Risk and Financial Management [ESCI].
  38. Tung Dang-Thanh Nguyen, Anh The Vo and Duc Hong Vo (2019) “The Determinants of Systematic Risks in Vietnam”, Advances in Decision Sciences [Scopus].
  39. Loan Thi-Hong Van, Anh The Vo and Duc Hong Vo (2019) “Financial Inclusion and Economic growth: An International Evidence”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.95].
  40. Trang Thi-Huyen Dinh, Duc Hong Vo, Anh The Vo and Thang Cong Nguyen (2019) “Foreign Direct Investment and Economic Growth in the Short Run and Long Run: Empirical Evidence from Developing Countries”, Journal of Risk and Financial Management [ESCI].
  41. Dai B. Tran and Duc Hong Vo (2018) “Should Bankers Be Concerned with Intellectual Capital? A Study of the Thai Banking Sector”, Journal of Intellectual Capital, 19, pp. 897-914, 2018 [SSCI, IF of 3.6]
  42. Anh The Vo, Quan Thai-Thuong Le, Phuc Van Nguyen, Chi Minh Ho, Duc Hong Vo (2018) “Exchange Rate Pass-through in ASEAN Countries: An Application of the SVAR Model”, Emerging Markets Finance and Trade, 2018 [SSCI, IF of 0.84]
  43. Binh Vo-Ninh Pham, Trung Thanh Do, Duc Hong Vo (2018) “Financial Distress and Bankruptcy Prediction: An Appropriate Model for Listed Firms in Vietnam”, Economic Systems, 42, pp. 616-624, 2018 [SSCI]
  44. Duc Hong Vo, Thach Ngoc Pham., Trung Vu-Thanh Pham, Loc Minh Truong, and Thang Cong Nguyen (2018) “Risk, Return and Portfolio Optimization for Various Industries in the ASEAN Region”, Borsa Istanbul Review, 2018 [ESCI Scopus].
  45. Robert J. Powell, Duc Hong Vo, and Thach Ngoc Pham (2018) “Do Nonparametric Measures of Extreme Equity Risk Change the Parametric Ordinal Ranking? Evidence from Asia”, Risks, Vol. 6, pp. 121-143, 2018 [ESCI Scopus].
  46. Thach Ngoc Pham, Vuong Minh Nguyen, and Duc Hong Vo (2018) “The Cross-section of Expected Stock Returns: New Evidence from an Emerging Market”, Emerging Markets Finance and Trade, 54, pp. 3566-3576, 2018 [SSCI, IF of 0.84]
  47. Robert J. Powell, Duc Hong Vo, and Thach Ngoc Pham (2017) “The Long and Short of Commodity Tails and their Relationship to Asian Equity Market”, Journal of Asian Economics, Vol. 52, pp. 32-44, October 2017 [SSCI, Scopus & ranked A].
  48. Robert J. Powell, Duc Hong Vo, and Thach Ngoc Pham. (2017) “A Dataset on Tail Risk of Commodities Markets”, Data in Brief, October 2017 [ISI Scopus].
  49. Robert J. Powell, Duc Hong Vo, and Thach Ngoc Pham. (2017) “Economic Cycles and Downside Commodities Risk”, Applied Economics Letters, [SSCI].
  50. Duc Hong Vo and Thach Ngoc Pham (2017), “Systematic Risk in Energy Businesses: Empirical Evidence for the ASEAN”, International Journal of Economics and Financial Issues, 2017, 7(1), 553-565, January 2017 [Scopus].
  51. Thach Ngoc Pham and Duc Hong Vo (2017). Equity Beta for Regulated Energy Businesses in Australia: A Revisit. International Journal of Energy Economics and Policy7(6), 11-18, [Scopus (Quarter 1)].
  52. Vo, Hong Duc and Vo, The Anh (2017), ”Currency Evaluation using a Big Mac Index for Thailand – Lessons for Vietnam”, Economics Bulletin, Volume 37, Issue 2, pages 999-1011, May 2017 [Scopus].
  53. Vo, Hong Duc (2015), “Which Factors are Priced? An Application of the Fama French Three-factor Model in Australia”, Economic Papers: A journal of Applied Economics and Policy, 34, Issue 4, pp. 290-301, 2015, [ISI ESCI and Scopus].
  54. Vo, Hong Duc and Pham, Minh Tien (2014), “Any Link between Unofficial Economy and Official Economy? An Empirical Evidence from the ASEAN”, International Journal of Economics and Finance, Vol. 6, No 11 (2014). DOI: 10.5539/ijef.v6n11p97.
  55. Vo, Hong Duc and Ly, Hung Thinh (2014), “Measuring the Shadow Economy in the ASEAN Nations: The MIMIC Approach”, International Journal of Economics and Finance, Vol. 6, No 10 (2014). DOI: 10.5539/ijef.v6n10p139.
  56. Vo, Hong Duc (2005), “Fiscal Decentralisation and Economic Growthin edited volume The Chinese Economy: Trade, Reforms, Corporate Governance and Regional Development, October 2008, Australia.
  57. Vo, Hong Duc and Le, Tuong Linh (2014), “Factors Affecting a Long Term Relationship between a Retailer and a Supplier: A Case Study from Vietnam”, Journal of Economics, Commerce and Management, The United Kingdom, II(10), 1-13.
  58. Vo, Hong Duc and Nguyen, Minh Tri (2014), “The Impact of Corporate Governance on Firm Performance: An Empirical Study in Vietnam”, International Journal of Economics and Finance, 6, No. 6 (2014). DOI: 10.5539/ijef.v6n6p1.
  59. Vo, Hong Duc; Ha, Thi Thieu Dao; Ly, Hung Thinh (2014), “Shadow Economy and Corruption in the ASEAN: Complement or Substitute?”, in A New Paradigm for International Business, Djajadikerta and Zhang (eds), Springer Publisher, Perth, Australia, November 2014.
  60. Vo, Hong Duc and Nguyen, Thanh-Yen Van (2014), “Managerial Ownership, Leverage and Dividend Policies: Empirical Evidence from Vietnam’s Listed Firms”, International Journal of Economics and Finance, 6, No.5, pp. 274-284, Canada.
  61. Vo, Hong Duc (2010), “The Economics of Fiscal Decentralisation”, Journal of Economic Surveys, 24, Issue 4, pp. 657-679, [SSCI, IF of 2.3 and ranked A].
  62. Vo, Hong Duc (2009), “Fiscal Decentralisation in Vietnam: Lessons from Selected Asian Nations”, Journal of Asia Pacific Economies, Volume 14, Number 4, 399-419, [SSCI and ranked A].
  63. Vo, Hong Duc (2008), “Fiscal Decentralisation Indices: A Comparison of Two Approaches”, Journal of Economics and Law, LXVI, 2, I, 1-29, Italy.
  64. Vo, Hong Duc (2008), “Fiscal Federalism”, International Encyclopaedia of Public Policy, The United States of America.
  1. Vo, Duc (2008), “An overview of recent insights into fiscal decentralisation”, Working paper 08.13, Department of Economics, The University of Western Australia, Australia. http://www.business.uwa.edu.au/school/disciplines/economics_discipline_group/?a=94266
  2. Vo, Duc (2008), “New fiscal decentralisation indices”, Working paper 08.14, Department of Economics, The University of Western Australia, Australia. http://www.business.uwa.edu.au/school/disciplines/economics_discipline_group/?a=94267
  3. Vo, Duc (2008), “Sub-national fiscal inequality: implications for the measurement of fiscal decentralisation”, Working paper 08.15, Department of Economics, The University of Western Australia, Australia. http://www.business.uwa.edu.au/school/disciplines/economics_discipline_group/?a=94271
  4. Vo, Duc (2008), “Fiscal decentralisation in Vietnam, China, and selected ASEAN nations”, Working paper 08.16, Department of Economics, The University of Western Australia, Australia. http://www.business.uwa.edu.au/school/disciplines/economics_discipline_group/?a=94274
  5. Vo, Duc (2007), “Fiscal decentralisation index: An international comparison”, Conference proceedings on the Annual Conference of Economists, Curtin University, Perth, Australia. http://www.business.curtin.edu.au/files/Duc_Vo.pdf
  6. Vo, Duc (2006), “Measuring fiscal decentralisation: An entropic approach”, Conference proceedings on the PhD Conference on Business and Economics, Australian National University, Canberra, Australia. http://www.business.uwa.edu.au/school/disciplines/economics_discipline_group/?a=99342
  7. Vo, Duc (2005), “Fiscal decentralisation in Vietnam: A preliminary investigation”, Discussion Paper No. 05.16, Department of Economics, the University of Western Australia. http://www.business.uwa.edu.au/school/disciplines/economics_discipline_group/?a=99925