Need Help with Compatibility of Adobe Premiere Pro on AMD Ryzen 5

If your laptops supports upgrading the RAM to 16GB, I would do that as soon as possible.  I'd also look into increasing or maximizing the internal SDD storage as that provides your highest bandwidth.

If editing at 1080p or 2160p:
• I'd edit from a USB3 SSD drive connected directly to one of the 3 USB-A ports.

• I'd focus on short format video content.

• I'd use the Premiere Pro Proxy worflow with low frame size proxies, patiently waiting for proxy creating to finish before doing anything else.  In that version of Premiere Pro, you may need to create a custom 960x540 Ingest Preset for either H64 or ProRes (favoring ProRes if stroage space allows for it).  However, I would expect this laptop to handle 1080p24 or 1080p30 ProRes 422 LT for a Full Resolution, short format edit.

• I'd customize the Sequence Video Previews to be 960x540 in the Sequence settings.

• Storage space allowing for it, I'd take advantage of Smart Rendering, favoring ProRes 422 LT or ProRes 422 Proxy.

• I'd avoid Long-GOP formats or patiently transcode them prior to importing them into a project.
• I'd avoid variable frame rate footae or pateintly transcode it with Shutter Encoder (donationware) to constant frame rate prior to importing them to a project.

• I'd favor single-stream editing, avoiding the Multi-Camera Editing Workflow).

• I'd be very patient when using Trascription and creating Captions.

• I'd be very patient with features like Remix and Enhance Speech, saving those for after picture is locked.

• I'd be very patient when working with Graphics or Motion Graphics Templates (MOGRTs), focusing on them when picture is locked.

• I'd be very patient when color grading after picture is locked and try to arrange access to a higher end system for it.

• I'd be very, very patient when exporting Full Rosolution edits to H264 or H265.

• For 2160p Timelines, I would try to edit with an external 4K display connected via HDMI and try to arrange access to a higher end system for finishing.

>Graphics Card: NVIDIA® GeForce RTX™ 4050 

Be sure you are using the studio driver

nVidia Driver Downloads https://www.nvidia.com/Download/index.aspx?lang=en-us
-for all Adobe programs use the STUDIO driver, not the GAMING driver
-To achieve the highest level of reliability, Studio Drivers undergo extensive
-testing against multi-app creator workflows and multiple revisions of the top
-creative applications from Adobe to Autodesk and beyond

To be honest, that particular Ryzen 5 is not a true 3000-series CPU at all, but is actually an older-architecture (derived from the 2000-series) CPU that's been turned into an APU by gimping many of its performance features just to accommodate integrated graphics. And that integrated graphics is a lousy one by current standards due to it pre-dating the RDNA architecture (it dates from the GCN5 era). Worse, due to that particular CPU's gimping, the performance of everything that's connected to it also gets degraded. The RTX 4050, in particular, is especially sensitive to the PCI-e bus bandwidth (the RTX 4050 is designed to utilize eight PCI-e 4.0 lanes, but your 3580U's PCI-e graphics connection is restricted to only PCI-e 3.0 throughput).