B. Hang, Truong Thanh Dao, D. Hai
2026.5.14Journal of Governance and Regulation
Abstract
In Vietnam, foreign direct investment (FDI) has become a pillar of economic growth, accounting for over 70 percent of export turnover and generating millions of jobs (Ministry of Planning and Investment, 2023). This study analyzes the impact of infrastructure quality on green FDI intention from the perspective of enterprises operating in Vietnam’s industrial zones. Survey data from 115 firms were processed using quantitative techniques, including Cronbach’s alpha reliability testing, exploratory factor analysis (EFA), and multiple linear regression. Five groups of infrastructure factors were examined, namely transportation, energy, information and digital technology, waste treatment and environmental protection, and logistics. The results indicate that the measurement scales achieved reliability and validity; all infrastructure factors exert positive and statistically significant effects on green FDI intention. The regression model explains 74.4 percent of the variance in the dependent variable. Among them, logistics and transportation show the strongest influence, followed by information and digital technology, waste treatment and environmental protection, and finally energy. These findings reinforce the ownership, location, and internalization (OLI) paradigm with respect to location advantages and provide important policy implications for the development of green infrastructure, thereby enhancing competitiveness in attracting sustainable investment to Vietnam.
Citation format
HANG, B.; DAO, Truong Thanh; HAI, D. The impact of infrastructure quality on green FDI intention: Evidence from enterprises in industrial zones. Journal of Governance and Regulation, 2026, 15(2, special issue): 389.