August 25, 2025International Journal of Economics and Financial IssuesOpen Access

The Moderating Roles of R&D on Digital Transformation and Financial Performance: Evidence from Vietnam’s Manufacturing Enterprises

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Higher R&D investment is linked to better digital transformation and financial performance in manufacturing enterprises.
Findings indicate that government support policies effectively aid manufacturing firms in Vietnam during early digital transformation stages.
The analysis utilized Generalized Least Squares (GLS) estimation and Hausman’s test to explore the proposed hypotheses.
Recommendations are provided for foreign investors and other countries undergoing similar transitions in digital transformation.

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Implication

Analysis reveals R&D enhances digital transformation and financial performance in Vietnamese manufacturing enterprises, suggesting the role of supportive policies.

Cite This Study

Dung et al. (2025) studied this question.

synapsesocial.com/papers/68af7c827567bf4f94ff368c https://doi.org/10.32479/ijefi.18717

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Implication

Analysis reveals R&D enhances digital transformation and financial performance in Vietnamese manufacturing enterprises, suggesting the role of supportive policies.

The Moderating Roles of R&D on Digital Transformation and Financial Performance: Evidence from Vietnam’s Manufacturing Enterprises

Key Points

Discussion

Implication

Cite This Study

The Moderating Roles of R&D on Digital Transformation and Financial Performance: Evidence from Vietnam’s Manufacturing Enterprises

Key Points

Discussion

Implication

Cite This Study