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This is a Quantitative Study study.

Gauging the Spillover Interlinkage Level Between Green FDI, Economic Growth, Renewable Energy Consumption, and Pollution Emission in Vietnam: New Findings From a Model‐Free Connectedness Approach

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The analysis reveals a two-way relationship between green fdi and energy security in Vietnam from 1995 to 2022.
Findings show that green fdi is most affected by shocks, particularly from non-renewable energy sources.
Renewable energy consumption faced negative impacts between 2016 and 2020, affecting green fdi growth.
The study highlights significant policy implications for investors and governments to address systemic risks.

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Model-free analysis unveils connections between green fdi, energy security, and pollution emissions, indicating significant policy implications.

Nhuong et al. (2025) studied this question.

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Model-free analysis unveils connections between green fdi, energy security, and pollution emissions, indicating significant policy implications.