Viet Nam: Financial Sector Deepening Program, Subprogram 1

Sovereign Project | 44251-013 Status: Closed

Summary

ADB is supporting Viet Nam’s drive to broaden its financial sector and create a modern market-based economy. The project will help develop and deepen money and capital markets, and improve the capacity of public and private institutions in the nonbank financial sector.

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Project Name Financial Sector Deepening Program, Subprogram 1
Project Number 44251-013
Country Viet Nam
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3081-VIE: Financial Sector Deepening Program, Subprogram 1
Asian Development Fund US$ 45.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance - Finance sector development - Insurance and contractual savings - Money and capital markets

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Project Outcome

Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location

Safeguard Categories

Environment C
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design Satisfactory
During Project Implementation To be updated

Responsible Staff

Responsible ADB Officer Stephen Schuster
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
State Bank of Vietnam
ADB@GOSBV.ORG
47-49 Ly Thai To Street
Hanoi
Vietnam

Timetable

Concept Clearance 03 Oct 2012
Fact Finding 13 May 2013 to 17 May 2013
MRM 27 Sep 2013
Approval -
Last Review Mission -
Last PDS Update 25 Oct 2011

Loan 3081-VIE

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
06 Dec 2013 24 Jan 2014 23 May 2014 31 Mar 2014 31 Jul 2014 18 Aug 2014
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 45.00 Cumulative Contract Awards
ADB 45.00 06 Dec 2013 45.18 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 06 Dec 2013 45.18 0.00 100%

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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