Exploring the Nexus between Digital Economy and Green Growth: Insights from Emerging Economies

Abstract

The digital economy creates new development space, opening high-speed and sustainable growth opportunities for Vietnam to become a leading country in the region in digital economic development and green growth. Thus, the article's objectives are to explore the key factors affecting the digital economy and their impacts on green growth. Based on the above goal, the authors used qualitative and quantitative methodologies to analyze the data, and the study used descriptive statistical methods, including assessing the mean value and standard deviation and utilizing a structural equation model using SPSS 20.0 and Amos from surveying a sample size of 250 persons related to management, economics, banks, research institutes, and universities in 10 provinces in Vietnam. The article's findings have five determinants influencing the digital economy and impacting the digital economy on green growth. Finally, the study's novelty helps policymakers and provincial managers apply research results to develop the digital economy and green growth. Mainly, many proposed solutions exist to realize the parallelism of the digital economy and the green economy; these policy recommendations pay more attention to investment in human resource quality, technological innovation, perfect digital policies, investment in digital infrastructure, and promote propaganda work to raise awareness of the entire society about the digital economy. Doi: 10.28991/ESJ-2024-08-04-022 Full Text: PDF

Keywords

• digital
• economy
• development
• green
• growth
• policy.