Viet Nam and ADB
In the Spotlight
Viet Nam underwent dramatic economic reforms in the 1980s and 1990s and ADB stood in partnership during the sometimes difficult process. Today, Viet Nam is a lower-middle-income country that has made huge strides in social and economic development.
This publication summarizes the results of a pilot study to quantify water and energy use in high-effciency irrigation systems in 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.
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
- Ho Chi Minh City Wastewater and Drainage System Improvement Project
- Northern to Central 500 kV Transmission Grid Reinforcement Project
- Distribution Grid Development Sector Project for Viet Nam Power Corporations
- Rural Electrification Project
- Skills and Knowledge for Inclusive Economic Growth Program (formerly Secondary Education Sector Teachers and Education Managers Development Program)
Population in Viet Nam, in millions (2016)
Population living below the national poverty line in Viet Nam (2015)
Maternal mortality ratio in Viet Nam, per 100,000 live births (2015)
Average annual population growth rate in Viet Nam (2011-2016)