IDEAS home Printed from https://ideas.repec.org/a/aac/ijirss/v8y2025i4p1813-1822id8240.html
   My bibliography  Save this article

Impact of economic growth, public investment, and private investment on firm performance in some economic sectors in Vietnam: An SGMM approach

Author

Listed:
  • Ngo Ngan Ha
  • Duong Hoang Anh
  • Le Nhu Quynh
  • Trinh Trong Quyen

Abstract

This paper aims to propose policy implications to improve firm performance across various economic sectors in Vietnam by assessing the impact of economic growth, public investment, and private investment on firm performance in several sectors. To achieve this, the study employs the System Generalized Method of Moments (SGMM) with panel data from the General Statistics Office of Vietnam, covering 14 sectors from 2011 to 2022. Data analysis was conducted using Stata software, version 17. Empirical findings indicate that economic growth and public investment negatively affect firm performance in some sectors, whereas private investment has a positive impact in certain sectors. These findings have practical significance for Vietnamese state management agencies aiming to enhance firm performance. Specifically, Vietnam should focus on maintaining stable and sustainable economic growth across sectors. Additionally, improving the efficiency of public investment by addressing delays in project progress and capital pooling, as well as tackling inefficiencies in state-owned enterprises, is essential. Furthermore, the government should promote and facilitate private investment to support sector development.

Suggested Citation

  • Ngo Ngan Ha & Duong Hoang Anh & Le Nhu Quynh & Trinh Trong Quyen, 2025. "Impact of economic growth, public investment, and private investment on firm performance in some economic sectors in Vietnam: An SGMM approach," International Journal of Innovative Research and Scientific Studies, Innovative Research Publishing, vol. 8(4), pages 1813-1822.
    • Handle: RePEc:aac:ijirss:v:8:y:2025:i:4:p:1813-1822:id:8240
    as

    Download full text from publisher

    File URL: https://ijirss.com/index.php/ijirss/article/view/8240/1842
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aac:ijirss:v:8:y:2025:i:4:p:1813-1822:id:8240. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalie Jean (email available below). General contact details of provider: https://ijirss.com/index.php/ijirss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.