Bài nghiên cứu xem xét vai trò của đầu tư đối với đầu tư tư nhân và tăng trưởng kinh tế qua các hệ số thu hút và lan tỏa. Sử dụng số liệu thống kê giai đoạn 1990-2019, cùng với tính toán các hệ số, nghiên cứu đã cho kết quả, đầu tư công là đầu tư vào cơ sở hạ tầng được xem như là vốn mồi để thu hút đầu tư tư nhân vào sản xuất kinh doanh. | Journal of Finance Marketing Vol. 67 No. 1 2022 ISSN 1859-3690 DOI https ISSN 1859-3690 TẠP CHÍ NGHIÊN CỨU TÀI CHÍNH - MARKETING TRƯỜNG ĐẠI HỌC TÀI CHÍNH MARKETING Journal of Finance Marketing Số 67 - Tháng 02 Năm 2022 JOURNAL OF FINANCE - MARKETING http ROLE OF PUBLIC INVESTMENT FOR PRIVATE INVESTMENT AND GROWTH THROUGH ATTRACTION COEFFICIENT SPILLOVER COEFFICIENT Nguyen Thi Thuy Lien1 University of Economics and Law 1 ARTICLE INFO ABSTRACT DOI The paper examines the role of investment in private investment and economic growth through the coefficients of attraction and spillover. Using statistics for the period 1990 - 2019 along with the calculation of Received coefficients the study showed that public investment is an investment in October 22 2021 infrastructure which is considered as prime capital to attract investment Accepted into production and business. The attractiveness coefficient of public December 10 2021 investment in private investment and production and business investment Published has been increasing rapidly after the period 2001-2005 showing that the February 25 2022 role of public investment continues to be dominant leading to attracting and spreading social capital. However the ICOR coefficient is still high showing that public investment in particular and social investment in general are still inefficient. Public investment in infrastructure sectors such as construction transportation warehouse telecommunications and electricity has high coefficients of backward and forward linkages stimulating the development of other industries attracting investment in the private sector in highly efficient economic sectors. On the basis of the above research results the article has proposed recommendations to Keywords the state to focus on mobilizing budget and social resources for public Public investment investment and public investment should focus on infrastructure sectors Attraction .