Impact of foreign direct investment and environmental factor on Viet Nam’s economic growth

Tóm tắt

This study examines the impact of foreign direct investment and environmental factor on Viet Nam’s economic growth over the period 1986–2023, based on 38 observations collected from the World Bank. The regression method employed is the Autoregressive Distributed Lag model, with data analysis conducted using Stata software. The findings indicate that foreign direct investment plays a positive role in fostering GDP growth through capital accumulation and technology transfer. Moreover, government efforts in pollution control contribute to enhancing foreign direct investment inflows in the long run. Accordingly, the study suggests that Viet Nam should prioritize the attraction of high-quality foreign direct investment linked to clean technologies, strengthen environmental governance, and promote sustainable development strategies, thereby achieving the dual objectives of economic growth and environmental protection in the long term.

Keywords: GDP, FDI, environment, Viet Nam