Navigating challenges in Vietnamese enterprises: An examination of the interplay between environmental regulations,...

This study examines the interplay between environmental regulations, organizational innovation, resilience, learning support, and performance in the Vietnamese business context. The paper explores the mutual interaction and influence among these variables. Additionally, it focuses on the indirect effects of organizational innovation and resilience, showing that organizational innovation mediates the relationship between environmental regulations and performance and resilience mediates the relationship between organizational learning support and performance. The study extends the framework of the dynamic capabilities perspective by demonstrating that dynamic capabilities enable organizations to adapt to and capitalize on stringent environmental policies. Our sample data come from 349 Vietnamese manufacturers and are analyzed using partial least squares structural equation modeling, which is effective for examining complex relationships and interactions among multiple variables. The results indicate that, although environmental regulations do not directly impact organizational performance, they do so indirectly through organizational innovation. The study also demonstrates the significant role of innovation and resilience in enhancing performance, yielding valuable insights for organizations that seek sustainable growth amid uncertainty. These findings lead to practical implications for developing strategies and policies that promote resilience, innovation, and learning, including a robust framework for addressing management challenges in emerging economies.