Thanks!
It seems that your PC meets the minimum requirements for Victoria 3 but might struggle with higher graphics settings due to the integrated graphics card. For a smoother experience, especially on higher settings, a dedicated graphics card is recommended. The error messages you provided indicate that you having issues related to graphics memory allocation.
You can try lowering graphic settings. Start with the lowest graphical settings and gradually increase them to find the best balance between visual quality and performance. Make sure to reduce the texture quality and update graphics drivers.
/Regards