Asia's Economic Growth Slows

New ADB report lowers region's growth rate to 6 percent on continued global uncertainties and slowing economic activity.  Read More

Resilient Asian Bonds Face Looming Risks

Asia's bond markets continue to expand but tough times lie ahead, says a newly released report. Read More

12 Pillars for the Transformation of Asia and the Pacific Region

Asia and the Pacific has made good progress towards the eight Millennium Development Goals (MDGs), though the region will still need to make greater efforts if it is to meet some important targets. Read More

Asia's Path to Prosperity

Industrialization must be an essential part of the growth formula if Asian countries are to prosper and avoid the 'middle income trap,' says ADB report. Read More

Overview

Viet Nam's economy stabilized in 2012 as previous policy tightening suppressed inflation and bolstered external accounts.

ADB's country partnership strategy (CPS), 2012-2015, for Viet Nam is fully aligned with the country's Socio-Economic Development Plan and supports issues arising from its recent transition to a middle-income country. The CPS focuses assistance to Viet Nam through the three pillars of inclusive growth, enhancing economic efficiency, and environmental sustainability. To maximize development impacts, ADB prioritizes six sectors: agriculture and natural resources, education, energy, finance, transport, and water supply and other municipal infrastructure and services.

Fast Facts

88.78 (2012)
Population in millions

1.1% (2010-2012)
Annual population growth rate

12.6% (2011)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
1,600.66 / 13.38
Agriculture (31)
 
740.50 / 6.19
Education (15)
 
2,574.57 / 21.52
Energy (14)
 
542.00 / 4.53
Finance (11)
 
283.20 / 2.37
Health (9)
 
139.50 / 1.17
Industry and Trade (6)
 
1,029.08 / 8.60
Public Sector (13)
 
3,716.90 / 31.06
Transport and ICT (24)
 
1,059.82 / 8.86
Water Supply (15)
 
280.00 / 2.34
Multisector (7)
 
11,966.23 / 100.00
TOTAL (145)
Cumulative as of 31 December 2012