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This is a Quantitative Study study.

September 20, 2025

Determinants of Regional Economic Growth in Vietnam Empirical Evidence and Policy Recommendations (2022–2024)

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This analysis reveals investment capital significantly drives economic growth in Vietnam's provinces, suggesting policy improvements.

Investment capital is the most influential factor for regional economic growth, promoting infrastructure development.
Regression results indicate state budget revenue and labor force positively affect GRDP, though labor's impact is modest.
Improving investment efficiency is essential for sustainable growth, especially in the context of digital transformation.
Strengthening fiscal capacity is crucial for implementing effective public investment and social welfare policies.

Thi-Nga Do (2025) studied this question.

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