Effects of Exchange Rate Volatility on Vietnam's Bilateral Exports

This article is aimed at analyzing the effects of exchange rate volatility on Vietnam\'s export values in relation to 51 main export partners over a period of ten years from 2009 to 2018. Necessary diagnostic tests were applied to ensure that the GMM (Generalized Method of Moments) employed in the study is a consistent, non-biased and appropriate method. The estimated results of all variables are statistically significant and consistent with the export demand model assumptions. The empirical results confirm that the exchange rate uncertainty has a significant negative impact on Vietnam's exports and the magnitude of this impact is larger than other factors in the research model