TY - JOUR AU - Manh Pham AU - Nguyen Tuan AU - Le Thanh PY - 2022/03/31 Y2 - 2024/03/29 TI - The relationship between ghg emissions and economic growth in Vietnam JF - Science & Technology Development Journal: Economics- Law & Management JA - STDJELM VL - 6 IS - 1 SE - Research article DO - https://doi.org/10.32508/stdjelm.v6i1.802 UR - http://stdjelm.scienceandtechnology.com.vn/index.php/stdjelm/article/view/802 AB - This research aims to evaluate the relationship between greenhouse gas emissions and economic growth [measured by GDP (gross domestics product) and GDP per capital] in Vietnam. The authors used the data compiled from the WB (word bank) database and time series estimation method. The results from models show that the factors affecting the intensity of CO2 emissions in Vietnam are statistically significant, at 1%, 5% and 10%, with the impact level of emission intensity (with a lag of 2 ) at -0.48; economic growth rate at 29180.49 (with a lag of 1); and the square of economic growth rate at - 14588.66 (with a lag of 1), with the model's explanatory level of 56.54%. In addition, the coefficient of the quadratic function is negative, illustrated by a downward curve in the graph representing the relationship between economic growth and emissions, reflecting correctly the environmental Kuznet curve. At the same time, the figures of Granger Causality Tests reveal that there is a causal relationship between the economic growth rate and the intensity of CO2 greenhouse gas emissions in Vietnam during the research period, with a significance level of 5. %. Economic growth exacerbates the intensity of greenhouse gas (CO2) emissions, and this increase has a return effect on growth (positive effect). However, with the square of economic growth rate doubling, this relationship will tend to be negative. On the basis of the analysis results, the study also proposes some policy implications which reduce the intensity of greenhouse gas emissions and aim to promote green growth in Vietnam: (1) reducing emission sources in economic fields: industry, agriculture, services; (2) reducing the use of fossil energy which should be replaced by Renewable energy (energy from wind and solar); (3) applying modern science and technology in production and economic activities; (4) completing the legal framework to encourage economic sectors and businesses to use natural resources effectively; (5) The Government should enact policies to encourage all economic sectors to apply modern technology in production. ER -