Central Asian Journal of Innovations on Tourism Management and Finance

Opportunities and Challenges in Disclosing Environmental Accounting Information at Vietnamese Enterprises

Quynh Cham Nguyen — 2024-03-21

This study was conducted to focus on the potential benefits and obstacles associated with transparent reporting on the environmental performance of Vietnamese businesses. The study identifies challenges such as lack of awareness, limited resources, data collection difficulties, complex regulatory environment, fear of negative publicity, and competitive pressures. On the other hand, the research highlights the opportunities for Vietnamese enterprises, including improved financial performance through attracting socially responsible investors and accessing green financing options. Additionally, disclosing environmental accounting information enhances reputation, fosters stakeholder engagement, and enables better risk management practices. To capitalize on these opportunities, the study recommends raising awareness, allocating resources, improving data collection and measurement processes, streamlining regulatory frameworks, addressing transparency concerns, and fostering a culture of sustainability. By addressing the challenges and leveraging the opportunities, Vietnamese enterprises can drive positive environmental impact, enhance their reputation, and strengthen their long-term sustainability.

Managing Accounting Necessitates A Keen Focus On Budgeting And Cost Control

Misirov Komoliddin Mamasabirovich — 2024-03-24

This article provides recommendations for structuring expense budgeting in economic entities and evaluating the efficiency of resource utilization in expense control. It delves into the benefits of well-organized management accounting within economic entities, offering detailed insights into effective budgeting and expense control methods.

The Impact of Digital Currencies on Inflation and Interest Rates: An Applied Study in Iraq for 2018-2022

Wisam Sami Jabbar Zinal — 2024-03-21

The study sought to identify digital currencies, their nature, emergence, and how to issue them, as well as the mechanisms of trading and investing in digital currencies in currency markets. The research problem was represented by the main question, which states, (What is the nature of the relationship and impact between digital currencies, inflation, and interest rates? The study included six of the most famous digital currencies in the markets for a period of 2018–2022, based on monthly closing price data. The study reached a set of conclusions, the most important of which were the existence of a direct relationship between digital currencies and inflation, an inverse relationship between digital currencies and interest rates, and a positive relationship between digital currencies and inflation. Interest rates on digital currencies have a greater influence on inflation.

Solutions to Prevent Tax Loss from E-commerce Activities in Vietnam

Thi Thu Huyen Giang — 2024-03-22

This research focuses on solutions to prevent tax loss from e-commerce activities in Vietnam. The study identifies challenges faced by tax authorities, such as identification issues and difficulties in monitoring transactions. The proposed solutions include enhancing awareness and education, simplifying tax regulations, strengthening monitoring and enforcement, promoting collaboration and international cooperation, and encouraging digital payment systems. Implementing these solutions can mitigate tax loss, foster compliance, and create a conducive environment for the growth of the e-commerce sector in Vietnam while contributing to tax revenue.

Impact of Environmental Audits on the Performance of Vietnamese Tourism Companies

Huy Hung Pham — 2024-03-23

This study was conducted to investigate the impact of environmental audits on the performance of tourism companies in Vietnam. Using qualitative research methods, based on the analysis of existing documents and the results of direct interviews with 16 managers of 12 tourism companies in Vietnam. The results of the study show that environmental audits have a positive impact on the performance of tourism companies, by improving environmental activities, improving reputation, reducing costs, ensuring compliance with regulations and minimizing risks, attracting employees, gaining competitive advantage and promoting long-term sustainability. However, the study also indicates that tourism companies in Vietnam face a number of challenges and barriers in conducting environmental audits. These challenges vary, depending on the size of the company, available resources, level of awareness, and industry sector. Based on the research results, a number of recommendations are made to stakeholders to increase the efficiency of environmental audits, thereby improving the performance of tourism companies in Vietnam.

Role of Tour Guide in Achieving Tourist’s Satisfaction

Abdul Hussein Musa Muhammad — 2024-03-22

This study aims to explore the significance of tour guides in ensuring tourist satisfaction, as they play a crucial role in guiding and shaping the travel experience. They are responsible for executing trip itineraries and their proficiency greatly influences the level of satisfaction experienced by tourists. By effectively presenting engaging and accurate information, tour guides enhance the overall trip experience and contribute to tourist satisfaction. Recognizing the pivotal role of tour guides, tourism companies have increasingly emphasized their importance in trip success and customer satisfaction. In recent years, the topic of tourist satisfaction has gained significant attention within the tourism industry, with businesses, seminars, and consumers alike focusing on understanding and meeting tourist needs. This research seeks to illuminate the role of tour guides in enhancing tourist satisfaction.