| dc.description.abstract | Since Doi Moi (Innovation) period in 1986, trade openness has been embarked by
Vietnam, which leads to increased international trade flows, together with increased
foreign direct investment (FDI) flows. The nexus between foreign trade and Foreign
Direct Investment (FDI) with economic success has been a great topic of international
development. Although there are rich insights into the influence of international trade
and FDI on sustained growth in developing countries, it appears to have very few
empirical analyses linked to Vietnam. Therefore, this paper investigates the influence
of foreign trade (including total exports and total imports) and FDI on Vietnamese
economic expansion over the course of 1986 to 2019 utilizing secondary data from the
World Bank Database (WB). In particular, the ordinary least squares (OLS) which is
applied analyzes the influence of international trade and FDI on Vietnamese growth
performance. The figures over a 1986-2019 study indicate that FDI, export, and import
have all favorable and statistically significant effects on the growth rate of the economy
in the long-run. In the short term, previous years’ impacts should be added up to
determine the impact of exports and imports. The result indicates that FDI an impact
on GDP in the short term. | en_US |
