RELATIONSHIP BETWEEN SEAFOOD EXPORT AND VIETNAM'S ECONOMIC GROWTH IN THE PERIOD OF 2005 – 2022

Abstract

This article studies the relationship between seafood exports and Vietnam's economic growth in the period 2005 - 2022.  To conduct the research, the authors collected data on seafood export turnover and economic growth rate - represented by real gross domestic product (GDPr) in the period from 2005 to 2022. Data is collected from the General Statistics Office of Vietnam (GSO) and international financial statistics sites (IFS, IMF).  After synthesizing and cleaning the data, the research team used Eviews 8 software to analyze the data series to examine the relationship between seafood export turnover and economic growth during the research period. Model results show that when seafood export turnover increases by 1%, economic growth increases by 1.041382%, so it can be confirmed that seafood export has a positive relationship with Vietnam's economic growth during the research period. From the research results, the authors have several proposals to promote the growth of Vietnamese seafood exports to the international market in the post-pandemic context and the volatile world seafood market situation.