Thirty years after the launch of the economic reforms known as Doi Moi, Vietnam is considered a development success story—marked by remarkable poverty reduction and economic growth. Notwithstanding notable achievements, development challenges persist. The last World Bank Group (WBG) country strategy for Vietnam, the FY12–16 Country Partnership Strategy (CPS), was presented to the WBG Board of Directors on December 15, 2011.The Vietnam Country Partnership Framework (CPF) covers the period FY18–22. It has been prepared based on analysis and conclusions in Vietnam 2035: Toward Prosperity, Creativity, Equity, and Democracy (Vietnam 2035)1 and in the 2016 Vietnam Systematic CountryDiagnostic (SCD), and informed by the CPS Completion and Learning Review (CLR) and the 2016 Client Survey. The CPF is fully aligned with the Government of Vietnam’s (GoV) 2010–20 Socio-Economic Development Strategy (SEDS) and the recent 2016–20 Socio-Economic Development Plan (SEDP). The CPF responds to priorities for support expressed by the government and builds on the WBG’s comparative advantage.The CPF is prepared at a critical juncture in Vietnam’s development and at a time of transition. FY18 represents a new period in GoV–WBG relations as Vietnam graduates from the International Development Association (IDA) at end-FY17. Moreover, success raises expectations—Vietnam has high ambitions for further development and growth, aspiring to modernity, industrialization, and a better quality of life.The CPS has three pillars: (i) strengthen Vietnam’s competitiveness in the regional and global economy; (ii) increase sustainability of the country’s development; and (iii) broaden access to economic and social opportunity, supported by three cross-cutting themes: (a) strengthen governance, (b) promote gender equality, and (c) improve resilience related to external economic and climatic shocks.
Details
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Document Date
2017/05/04
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Document Type
Country Assistance Strategy Document
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Report Number
111771
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2017/06/01
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Disclosure Status
Disclosed
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Board Meeting Date
2017-05-30T00:00:00Z
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Doc Name
Vietnam - Country partnership framework for the period FY18-FY22
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Keywords
united nations framework convention on climate change;Ethnic Minorities;access to basic health service;Agriculture;analytical and advisory;resilience to climate change;middle class;access to quality services;labor force participation rate;demand for infrastructure investment;Technical and Vocational Education;access to tertiary education;children under age;access to higher education;purchasing power parity term;increase in income inequality;sustainable use of resources;domestic private sector;ethnic minority groups;Natural Resources;Macroeconomic Stability;rural area;Exchange Rates;labor productivity growth;tertiary education institution;investments in infrastructure;gross national income;natural resource depletion;greenhouse gas emission;disaster risk management;ethnic minority population;social protection system;national poverty line;climate change impact;ethnic majority group;global economy;marginalized group;inclusive growth;higher education institution;sea level rise;urban air pollution;medium term growth;current account surplus;large metropolitan areas;access to finance;monetary policy framework;outstanding public debt;quality and relevance;labor market institution;Access to Education;improvements in access;private sector resource;Public Financial Management;nonbank financial institution;access to investment;infant mortality rate;access to infrastructure;ethnic minority child;climate change resilience;efficient water use;conversion of forest;safety net program;banking sector stability;foreign direct investment;human development outcome;global best practice;import of goods;current account balance;access to sanitation;social assistance system;health financing system;education and health;growth and development;labor force growth;demand for service;investment and development;access to land;efficiency of infrastructure;competitive private sector;multilateral trade agreement;fight against corruption;private sector solution;environmental protection measures;climate change adaptation;improving service delivery;source income;source of income;sustainable development path;environmentally sustainable growth;Rule of Law;renewable energy generation;demand for energy;renewable energy source;health insurance coverage;rate of enrollment;difference in poverty;household survey data;persistent fiscal deficits;maternal mortality ratio;unpaid family worker;gender earnings gap;total labor force;preference for son;trade and investment;high dropout rate;industry and manufacturing;net enrollment rate;agriculture and service;junior secondary school;share of woman;social inclusion;social insurance;aging population;comparative advantage;Gender Gap;natural disaster;factor accumulation;income source;Basic Education;ecological footprint;school enrollment;natural asset;natural hazard;poverty profile;land market;governance challenge;productive infrastructure;household enterprise;environmental sustainability;secondary city;fiscal pressure;legal requirement;economic empowerment;public official;government commitment;downside risk;governance issue;household welfare;stakeholder consultation;asset quality;domestic demand;generation capacity;human capital;Job Creation;international reserve;
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Citation
Vietnam - Country partnership framework for the period FY18-FY22 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/173771496368868576/Vietnam-Country-partnership-framework-for-the-period-FY18-FY22