The relationship between interest rate, total investment Capital and Vietnam's economic growth from 2005 to 2020

Abstract

To examine the relationship between interest rates, total investment Capital and economic growth in Vietnam, this article will inspect Vietnam’s lending interest rates, total investment Capital, and Gross Domestic Product (based on consumer price 2010, data aggregated by year) from 2005 to 2020. To investigate the impact of lending interest rates on total investment Capital and the impact of total investment Capital on Vietnam's economic growth in the 2005 - 2020 period, data series aggregated (by year) during this period will be analyzed using Eviews 8 software. Along with the research findings, the authors will also consider the State Bank of Vietnam’s interest rate management action during the COVID-19 pandemic to provide some related policy discussions.