ADB's Work in Viet Nam
Shareholding and Voting Power
Number of shares held:
36,228 (0.341% of total shares)
75,342 (0.567% of total membership, 0.870% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Viet Nam’s socioeconomic development has been remarkable, and the country achieved outstanding growth again in 2018 and 2019. This growth was underpinned by robust domestic consumption, which was boosted by low inflation and rising incomes among the country’s growing middle class. The acceleration of industry, notably manufacturing, driven by sizable increases in foreign direct investment, aided the growth momentum. The signing of the European Union–Viet Nam Free Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership also created more opportunities for the country’s exports.
Viet Nam was one of the founding members of ADB in 1966. ADB has since supported the country in its achievements in reducing poverty and has more recently been helping to guide Viet Nam’s endeavors to address income inequality and socioeconomic disparities, particularly for ethnic minorities and other vulnerable groups. Since 1966, ADB has provided $16.7 billion in cumulative assistance for Viet Nam.
On 1 January 2019, Viet Nam graduated to a Group C country, with access only to regular ordinary capital resources.
Da Nang Port is the third largest port in Viet Nam.