Page 338 - Ebook HTKH 2024

Unstandardized Standardized Collinearity
Model t Sig.
Coefficients Coefficients Statistics
PL 0.363 0.056 0.372 6.506 0.000
MH 0.242 0.053 0.271 4.520 0.000

SP 0.073 0.049 0.075 1.476 0.042
QT 0.066 0.049 0.073 1.374 0.000
NL 0.111 0.057 0.116 1.932 0.003
Source: SPSS analysis results
The results of the testing and regression analysis, which measure the impact of
factors on green finance development, show that all correlations between the
independent factors and green finance development are statistically significant.
Therefore, all the hypotheses are accepted.
The standardized regression equation is as follows:

PT= 0.372×PL+0.271×MH+0.116×NL+0.075×SP+0.073×QT+ Ɛ
7. Discussion
Green growth strategy is crucial for every nation, including Vietnam. In the
transport sector, green growth involves more efficient use of natural resources,
enhancing business competitiveness and value, technology innovation, climate change
adaptation, job creation, and ensuring sustainable business development. Green finance

development is clearly a key method for achieving green growth in Vietnamese
transport enterprises.
The development of green finance depends on both external factors from the
government and banks and internal factors within the enterprise. From the government’s
side, national strategies are needed, ranging from improving the legal framework to
fostering international cooperation and learning from modern global green finance
models. For Vietnamese transport companies, awareness and capability development
among business managers is the first step toward accessing green financial tools, which

is essential for transitioning products and services toward green initiatives.
8. Conclusion and recommendations
The qualitative research results show that regarding the current state of green
finance development aimed at green growth for Vietnamese transport enterprises, the
Vietnamese government has proposed strategies for developing green finance and

established a legal framework. However, these frameworks are not yet clear or fully
developed. Research on green finance models and international cooperation policies
remains underdeveloped. Green finance development is a long-term process, as
businesses and banks still have limited understanding of green finance.
The quantitative research results show that there is a positive relationship between
the five factors and green finance development in Vietnamese transport enterprises. The
magnitude of the standardized regression coefficients indicates the level of impact on
green finance development in increasing order as follows:

● International cooperation policy (0.073)

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