The Service Sector in Lower-Income Asian Economies

A new ADB working paper looks at the significant contribution of the service sector to the overall economic growth of Bangladesh, Cambodia, Nepal, Papua New Guinea, Uzbekistan, and Viet Nam. Read More

Improved South-Southeast Asia Connectivity Key to Boosting Trade, Rebalancing Economy

Connecting South Asia and Southeast Asia, an interim report by ADB and ADB Institute (ADBI), says improving cross-border infrastructure and trade facilitation will foster economic integration and regional growth. Read More

Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Energy Cooperation in the GMS: Progress, Prospects, and Priorities

An ADB report, Assessment of the Greater Mekong Subregion Energy Sector Development: Progress, Prospects, and Regional Investment Priorities, updates information on regional energy resources and analyzes prospects for energy sector development and how regional cooperation can contribute to national goals. 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