Viet Nam and ADB
In the Spotlight
In a pioneering collaborative study, a research team from IHE Delft Institute for Water Education is working with ADB, using remote sensing to understand how water resources are used in project sites in Cambodia, India, Indonesia, Pakistan, Sri Lanka, and Viet Nam.
Public Financial Management Systems - Viet Nam: Key Elements from a Financial Management Perspective
This publication documents Viet Nam's financial management systems covering the areas of budgeting, funds flow, accounting and reporting, and auditing systems.
ADB signed an agreement to provide transaction advisory services to the Ministry of Transport (MOT) for Ho Chi Minh City Third Ring Road project. Under the agreement, ADB’s Office of Public-Private Partnership will support MOT in the development of a bankable public-private partnership (PPP) structure for the project to enable leveraging of private investments.
This country brief summarizes how the partnership of ADB and the Government of Viet Nam has been instrumental to the development of the country.
Viet Nam’s economic growth has been increasing since 2011, while inflation has remained in single digits. Well-balanced macroeconomic policies have helped restore stability and investor confidence, with growth being propelled by a surge in foreign direct investment and export-oriented manufacturing.
Viet Nam needs to continue to develop a more dynamic market economy—one that can compete globally and deliver sustainable, equitable growth over the long term. Despite remarkable achievements in reducing poverty, serious development challenges remain, with income and other socioeconomic gaps still evident in pockets of ethnic minorities and other vulnerable groups.
ADB's country partnership strategy for Viet Nam focuses assistance through three pillars: promoting job creation and competitiveness, increasing the inclusiveness of infrastructure and service delivery, and improving environmental sustainability and climate change response.
Viet Nam is a member of the Greater Mekong Subregion (GMS).
Projects in Viet Nam
Population living below the national poverty line in Viet Nam (2015)
Population in Viet Nam, in millions (2016)
Maternal mortality ratio in Viet Nam, per 100,000 live births (2015)
Average annual population growth rate in Viet Nam (2011-2016)