ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Viet Nam and ADB
ADB’s assistance to Viet Nam focuses on supporting economic recovery from the COVID-19 pandemic and creating a climate resilient and sustainable economy driven by the private sector.
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- Fact Sheet
- Data
- ADB Projects
- What's New
- Contacts
- VRM Holidays
In the Spotlight
ADB Signs Loan for First Cross-Border Wind Power Project in Asia, First Plant in Lao PDR and Largest in Southeast Asia
ADB and Monsoon Wind Power Company Limited signed a $682.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic.
Improving Food Safety in Fruit and Vegetable Value Chains in Viet Nam
Fruit and vegetables are essential for good health and generate income for millions of smallholder farmers and other value chain actors in Viet Nam. However, consumers tend to reduce intake as they are concerned about food safety. They are mostly worried about pesticide contamination.
ASEAN Catalytic Green Finance Facility 2022: Building Southeast Asia’s Green Project Pipelines
This document presents progress made and achievements from January to December 2022 of the ASEAN Catalytic Green Finance Facility (ACGF).
Uniquely Urban: Case Studies in Innovative Urban Development
This report presents case studies that highlight how ADB's teams are working together to design innovative urban projects across the Asia and Pacific region that leverage its value-added services and support sustainable economic growth.
Viet Nam Facts
ADB's Work in Viet Nam
Before the coronavirus disease (COVID-19) pandemic, Viet Nam’s annual economic growth rate averaged at 6.3% from 2010–2019, propelled by investments, a buoyant domestic consumption, rising middle class, and exportoriented manufacturing. Viet Nam weathered the COVID-19 impacts well in 2020, sustaining growth at 2.9%, among the highest growth in the Asia and Pacific region. However, the rise of COVID-19 cases from the Delta variant in 2021 severely affected the economy, dragging down the 2021 growth to 2.6%. Gross domestic product growth is forecast at 6.5% in 2022 and 6.7% in 2023—a rebound made possible by Viet Nam’s high COVID-19 vaccination coverage, the shift to a more flexible pandemic containment approach, expanding trade, and the Government of Viet Nam’s economic recovery and development program.
Viet Nam was one of the founding members of ADB in 1966. ADB has since supported the country’s poverty reduction achievements and has more recently been helping guide measures to increase the inclusiveness of infrastructure and service delivery, and improve environmental sustainability and climate change response.
Data: Viet Nam
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Viet Nam, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in Viet Nam View all projects
Featured
A glimpse into how scaling-up investment in Hasfarm Holdings is helping women in Central Highlands, Viet Nam improve their economic status and reach their full potential.
Approved/Active
Proposed
- Artificial Intelligence and Digitalization Fund
- ASEAN Australia Smart Cities Trust Fund
- ASEAN Catalytic Green Finance Facility
- ASEAN Infrastructure Fund
- Asia Pacific Disaster Response Fund
- Asian Clean Energy Fund
- Asian Development Fund
- Australian Climate Finance Partnership
- Canadian Climate Fund for the Private Sector in Asia
- Canadian Climate Fund for the Private Sector in Asia II
- Cities Development Initiative for Asia
- Clean Energy Financing Partnership Facility
- Clean Energy Fund
- Climate Change Fund
- Climate Innovation and Development Fund
- Climate Investment Funds
- Financial Sector Development Partnership Fund
- Financial Sector Development Partnership Special Fund
- Global Environment Facility
- Global Partnership for Education Fund
What's New
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| Publications, Papers and Briefs
Corporate Market Power and Monetary Policy Transmission in Asia
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| Publications, Papers and Briefs
Assessing Spatiotemporal Differences in Shrimp Ponds Using Remote Sensing Data and Machine Learning Algorithms
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| News Releases, News Release
ADB Signs Loan for First Cross-Border Wind Power Project in Asia, First Plant in Lao PDR and Largest in Southeast Asia
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| Statutory Reports and Official Records
ASEAN Catalytic Green Finance Facility 2022: Building Southeast Asia’s Green Project Pipelines
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| Publications, Papers and Briefs
Policy Responses to Cope with COVID-19 in Viet Nam: An Empirical Stock-Flow-Consistent Approach
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| Reports
Uniquely Urban: Case Studies in Innovative Urban Development
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| Reports
Imperatives for Improvement of Food Safety in Fruit and Vegetable Value Chains in Viet Nam
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| Papers and Briefs
Financial Access of Women-Owned Small and Medium-Sized Enterprises in Viet Nam
Contact: Viet Nam Resident Mission (VRM)
3rd Floor, Cornerstone Building, 16 Phan Chu Trinh Street, Hoan Kiem District, Ha Noi, Viet Nam
Office Hours: 8:30 a.m. to 5:00 p.m. (Monday to Friday)
The Viet Nam Resident Mission was established in 1996 and it is located in Ha Noi. Its primary responsibilities include:
- Country strategy and programming
- Policy dialogue and support
- Portfolio management and administration of delegated projects
- Aid coordination
- Economic and sector work and other analytical work
- Government, civil society, and private sector relations
- Country reporting
- External relations and information dissemination
It also undertakes loan and technical assistance processing.
ADB’s operations in Viet Nam require high standards of accountability, transparency, openness, and public participation. Members of the public affected by any ADB-assisted project may address their concerns if the project is causing or likely to cause harm.
The information on this page will guide you through the ADB complaints arrangements, as well as the requirements for complaints handling.
Who can file?
- Person or persons from a community directly affected by an ADB project
- A local representative (civil society organization) of the affected people. If a complaint is made through a representative, the following are required:
- name, designation, address, and contact information of the representative organization. Organization must be legally recognized;
- names of the project-affected persons on whose behalf the complaint is made; and
- signed evidence of authority to represent them.
Where to file?
1. Project-level
Project-affected persons are encouraged to first address the issue with available grievance mechanisms at the project level. Please contact the project owner, or the ADB project officer for more information at /projects/country/vie.
2. Resident Mission
If the complaint is not resolved at the project-level, submit a signed complaint by mail, fax, or e-mail to ADB-Viet Nam Resident Mission (VRM).
3rd Floor, Cornerstone Building, 16 Phan Chu Trinh Street, Hoan Kiem District, Ha Noi, Viet Nam
Tel +844 39331374
Fax +844 39331373
Making a complaint in person is only by appointment. Please call:
Tel +844 39331374 ext. 145
Process for complaints handling
- Receiving and acknowledging the complaint
- Forwarding the complaint to the project grievance redress mechanism, project owner and/or project team
- Monitoring the complaint resolution to ensure compliance with the project grievance redress mechanism
VRM will be closed on these dates:
- New Year's Day: January 2 (Friday), in lieu of January 1
- Tet Day: January 20-26 (Friday - Thursday of the following week)
- Liberation Day: May 2 (Tuesday), in lieu of April 30
- Labor Day: May 1 (Monday)
- National Day: September 1, 4 (Friday, Monday)
Last updated: 12 December 2022