Ratio between embedded vector dimensions and vocabulary size
The ratio of vocabulary vs embedding length to determine the size of other layers in a neural network doesn't really matter. Word embeddings are always around 100 and 300 in length, longer embedding vectors don't add enough information and smaller ones don't represent the semantics well enough. What matters more is the network architecture, the algorithm(s) and the dataset size. 

A simple way to understand this concept is that a bidirectional LSTM model with 50 neurons (nodes) followed by a fully connected layer of 70 neurons will outperform a simple MLP of 1000 neurons (nodes) connected to a embedding layer simply due to its architecture. Adding dropout will improve performance as well.

In addition, even if the vocabulary is just 300 words, using pre-trained embeddings will probably yield better results than training the embeddings directly on the dataset. The same applies to data size, a dataset with more samples will make a better classifier than a dataset with just a couple thousand samples. 

In summary, it is preferable to try many architectures and cross-validate them (and/or ensemble them depending if you have a large enough dataset) with the smallest number of neurons possible and then start building up in size, depending on what computational resources you have and the speed of development you need. Large models slow down development speed whereas small models speed it up. This goes whether your vocabulary is the size of common crawl or just 300. As usual, try feature engineering (sentence length, special characters, etc.) and increase the dataset size as doing so often helps in whatever task you're trying to predict.