Background: The study aims to identify factors affecting land bank creation and propose policy implications to improve land use efficiency in Vinh Long province. Methods: Based on applying institutional theory and land rent theory, the authors develop hypotheses and a research model that determines the relationship between factors affecting land banks, land rent theory and land use efficiency. The quantitative research method used the measurement model and PLS-SEM structure to test the correlation between factors. The survey was conducted with 170 respondents working in the land field. Result: According to research, the land bank is the factor that has the most significant impact on land use efficiency, with legal, planning and financial policy factors comprising in second and third. Based on these results, land policy and lawmakers can apply this research theory to adjust land-related factors according to administrators’ wishes.
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Bao et al. (2024) studied this question.
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