eng Science and Education Publishing Journal of Business and Management Sciences 2333-4533 2020-05-13 8 2 61 66 10.12691/jbms-8-2-4 JBMS2020824 article Nguyen Thanh Giang Corresponding author: Nguyenthanhgiang_aof@gmail.com 1 Department of Public Finance, Academy of Finance, Hanoi, Vietnam The Keynesian macroeconomic model implies that household expenditures and savings have significant long-run impacts on economic growth by affecting total expenditures. Therefore, policymakers should determine and apply appropriate policies to maintain these variables. For this purpose, the long-run relationship of economic growth with consumption, unemployment and saving rates in Vietnam is analyzed with the time data method using annual data for the period 1996-2017. Consumption appears to have the most impact on economic growth in accordance with the estimation results of a co-integration test from an autoregressive distributed lag model (ARDL model). In long run, an increase of 1% in consumption expenditures decreases economic growth by 0.41%. A 1% increase in saving rates increases economic growth by 0.0009%. While an increase of 1% in unemployment rates decreases economic growth by 0.043%. Our results demonstrate that there exists only long run relationship among economic growth, consumption, saving and unemployment rates for Vietnam, but not in short run. http://pubs.sciepub.com/jbms/8/2/4/jbms-8-2-4.pdf economic growth consumption saving unemployment rates long-run