The Relationship Between Oda, Import–Export Turnover, and Vietnam’s Economic Growth During the Period 1995 – 2022 (SDG)

Objectives: This article studies the relationship between official development assistance (ODA), import-export turnover, and Vietnam’s economic growth during the period 1995–2022. Method: Using qualitative combined with quantitative research methods, based on the database collected by year from 1995 to 2022 from the website of the General Statistics Office, International Monetary Fund, Ministry of Finance, and World Bank...The database was analized by the Eview 12 Software. Results and Discussion: Vietnam’s economic growth depends on the operation of ODA budget solutions and total export turnover over time. ODA capital has a positive impact but is not as clear as total import-export turnover. In the first stage, when ODA capital rises, GDPR increases too, but in the later stages, continuing to increase ODA capital will not benefit the Vietnamese economy, while total export turnover has a positive effect on Vietnam’s economic growth for a long time. Research Implications: ODA capital only has a positive impact in the early stages when Vietnam enters the innovation phase, but in the later stages, international trade plays a more important role in Vietnam’s economic growth. Under the condition that other factors remain unchanged when total export turnover increases by 1%, GDPR increases by 0.416906%. Value: From the results of the analysis, the research team proposes solutions to selectively attract ODA, effectively use capital to ensure that infrastructure continues to be developed more modernly, and strengthen international trade activities to motivate sustainable economic growth.