Examining the Influence of Governance Quality and Institutional Policies on Logistics Growth in Vietnam

The logistics sector plays a crucial role in economic growth, trade facilitation, and supply chain efficiency, yet its development in Vietnam is influenced by institutional and regulatory factors. This study examines the impact of governance quality, institutional policies, regulatory efficiency, and logistics infrastructure development on logistics growth in Vietnam using a multivariate regression approach. Data were collected from 300 logistics professionals, policymakers, and industry stakeholders, and analyzed to determine the relationships between these institutional determinants and logistics sector performance. The regression analysis results indicate that governance quality is the strongest predictor (β = 0.38, p < 0.001), emphasizing the importance of policy transparency, institutional accountability, and regulatory enforcement in logistics sector performance. Institutional policies (β = 0.29, p < 0.001) and regulatory efficiency (β = 0.27, p < 0.001) also have significant positive effects, suggesting that coherent policy frameworks, streamlined trade facilitation measures, and simplified regulatory processes enhance logistics sector competitiveness. Logistics infrastructure development (β = 0.22, p < 0.001) contributes to long-term logistics efficiency, although its impact is slightly less immediate compared to institutional and governance-related factors. These findings suggest that enhancing governance mechanisms, improving regulatory efficiency, and investing in logistics infrastructure are essential for Vietnam to strengthen its logistics competitiveness, attract foreign direct investment (FDI), and integrate more effectively into global supply chains. The study provides policy recommendations to improve logistics sector governance and efficiency, positioning Vietnam as a key logistics hub in the Asia-Pacific region.