Despite the fact that Vietnam's GDP has increased significantly during the last ten years. However, Vietnam's economy is currently confronted with two significant obstacles, referred to as the "two knots," namely, institutional and transportation infrastructure. This research uses a quantitative method called multivariable linear regression to analyse these two knots (MLR). The study's goals are to evaluate the impact of institutions and infrastructure on economic development using a case study from Vietnam, and then to make recommendations to competent authorities for improving the situation based on the findings. The five infrastructure variables that have the most impact on the economy are road length, airport link to the rest of the world, rail length, fixed internet subscriptions, and fixed telephone subscriptions. Voice and accountability of people and government are two other institution variables. Policy implementation and policy quality Compliance with rules and laws, as well as anti-corruption efforts, have an economic impact.
Author (S) Details
Vu Thi Kim Hanh
Van Lang university, Hochiminh City, Vietnam.
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