Tỷ giá và FDI: Nghiên cứu trường hợp Việt Nam

Abstract

Foreign Direct Investment (FDI) plays a crucial role in promoting economic growth in countries and is influenced by various factors. The objective of the research is to analyze the relationship between exchange rates and FDI in the context of Vietnam's open economy. The data used in this research were collected from the Vietnam Statistical Yearbook for the period 2012-2023, and the quantile regression method was applied to examine the impact of exchange rate fluctuations on FDI inflows in the long term. The results show a negative relationship between exchange rates and FDI, indicating that when the domestic currency depreciates, FDI inflows into Vietnam tend to decrease. Therefore, to enhance FDI attraction, one of the major challenges for the State Bank of Vietnam is ensuring exchange rate stability. Achieving this requires close coordination between the State Bank's monetary policy and the Government's inflation control measures.