Impact of Information and Communication Technology (ICT) Development on Vietnam’s Exports: A Gravity Model Approach

Nguyen Nguyen Thi Thu Huong * , Le Thi Thuy Linh , Nguyen Quynh Anh , & Nguyen Thi Hoang Anh

* Correspondence: Nguyen Nguyen Thi Thu Huong (email: huongntt.ktb@vimaru.edu.vn)

Article Sidebar

PDF
Received: 15 Jan 2025
Revised: 17 Apr 2025
Accepted: 13 May 2025
Published: 31 Oct 2025
DOI: 10.58810/vhujs.10.1.2025.892
Views
0
Downloads
0
How to Cite
Nguyễn, H. T. T., Lê, L. T. T., Nguyễn, A. Q., & Nguyễn, A. T. H. (2025). Impact of Information and Communication Technology (ICT) Development on Vietnam’s Exports: A Gravity Model Approach. Van Hien University Journal of Science 10(1), 93-106.
Issue
Volume 10 - Issue 1 (2025)
Section

Main Article Content

Abstract

This study assesses the impact of information and communication technology (ICT) development on Vietnam’s exports using Fixed Effects Model (FEM) estimation for a gravity model based on a dataset covering bilateral exports from Vietnam to 217 trading partners from 2002 to 2022. The results indicate that ICT development in Vietnam and its partners, measured by the proportion of Internet users in the population, mobile subscribers per 100 people, and fixed broadband subscribers per 100 people, has a positive impact on Vietnam's exports. These findings provide a foundation for Vietnamese policymakers to implement measures and for exporting enterprises to choose trading partners to increase Vietnam's exports.
Keywords: ICT development, gravity mode, Vietnam’s exports

Article Details

References

Adeleye, N., and Eboagu, C. (2019). Evaluation of ICT development and economic growth in Africa. NETNOMICS: Economic research and electronic networking, 20(3): 31-53. https://doi.org/10.1007/s11066-019-09131-6

Bhatt, P. (2013). Causal relationship between exports, FDI and income: The case of Vietnam. Applied Econometrics and International Development, 13(1): 161-172.

Bui, T. H. H., and Chen, Q. (2017). An analysis of factors influencing rice export in Vietnam based on gravity model. Journal of the Knowledge Economy, 8(3): 830-844. https://doi.org/10.1007/s13132-015-0279-y

Duong, T. D. M., and Phan, T. H. (2023). Trade and investment effects of the eu-Vietnam free trade agreement. Hue University Journal of Science: Economics and Development, 132(5B): 67-82. https://doi.org/10.26459/hueunijed.v132i5B.7167

Ejemeyovwi, J. O., Osabuohien, E. S., and Bowale, E. I. (2021). ICT adoption, innovation and financial development in a digital world: empirical analysis from Africa. Transnational Corporations Review, 13(1): 16-31. https://doi.org/10.1080/19186444.2020.1851124

GOS. (2024). Exports and imports of goods. https://www.gso.gov.vn/en/px-web/?pxid=E0901&theme=Trade% 2C%20Price%20and%20Tourist

Ismail, N. W. (2021). Digital trade facilitation and bilateral trade in selected Asian countries. Studies in Economics and Finance, 38(2): 257-271. https://doi.org/10.1108/SEF-10-2019-0406

Jungmittag, A., and Welfens, P. J. J. (2009). Liberalization of EU telecommunications and trade: theory, gravity equation analysis and policy implications. International Economics and Economic Policy, 6(1): 23-39. http://dx.doi.org/10.1007/s10368-009-0125-4

Kirmani, M. M., Wani, F. A., and Saif, S. M. (2015). Impact of ICT on effective financial management. International Journal of Information Science and System, 4(1): 1-14.

Nguyễn Hoàng Tính và Lê Cảnh Dũng (2024). Phân tích các nhân tố tác động đến kim ngạch xuất khẩu gạo của Việt Nam. Tạp chí Khoa học Đại học cần Thơ, 60(1D): 224-234. https://doi.org/10.22144/ctujos.2024.248

Nguyen, T. H. (2016). Impact of export on economic growth in Vietnam: Empirical research and recommendations. International Business and Management, 13(3): 45-52. http://dx.doi.org/10.3968/9040

Nguyen, T. K. (2015). Manufacturing exports and employment generation in Vietnam. Southeast Asian Journal of Economics, 3(2): 1-21.

Nguyen, T. T. H. (2023). Determinants of Vietnam's Agricultural Exports, Focusing on its Trading Partners' Characteristics. Journal of Science and Technology Hung Vuong University, 33(4): 14-25. https://doi.org/10.59775/1859-3968.153

Nguyen, T. T. H., and Park, D. (2023). Impact of ICT development on bilateral intermediate input trade: Considering cross-country heterogeneity. The Journal of International Trade & Economic Development, 32(8): 1291-1311. https://doi.org/10.1080/09638199.2023.2255700

Oliinyk, A. A., Piankova, O. V., Sierova, L. P., and Slokva, M. G. (2023). The role of the ICT sector in foreign economic activity of Ukraine. European Scientific e-Journal, 25: 18-31. http://dx.doi.org/10.47451/ecn2023-06-01

Pham, T. H. H. (2012). Temporal causality and the dynamics of foreign direct investment and trade in Vietnam. The Journal of International Trade & Economic Development, 21(1): 83-113. http://dx.doi.org/10.1080/09638190903365922

Rice, M. F. (2003). Information and communication technologies and the global digital divide: Technology transfer, development, and least developing countries. Comparative Technology Transfer and Society, 1(1): 72-88. https://doi.org/10.1353/ctt.2003.0009

Tinbergen, J. (1962). Shaping the world economy: suggestions for an international economic policy. New York: Twentieth Century Fund.

Vilaseca‐Requena, J., Torrent‐Sellens, J., and Jiménez‐Zarco, A. I. (2007). ICT use in marketing as innovation success factor: Enhancing cooperation in new product development processes. European Journal of Innovation Management, 10(2): 268-288. https://doi.org/10.1108/14601060710745297

Wang, A., Li, J., and Wang, Y. (2022). Does ICT promote digitizable product trade?–Evidence from Chinese exports to the ‘Belt and Road’countries. The Journal of International Trade & Economic Development, 31(6): 953-965. https://doi.org/10.1080/09638199.2022.2047217

World Bank Group (2016). World development report 2016: Digital dividends. World Bank Publications.