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Publication
Vietnam 2035: Toward Prosperity, Creativity, Equity, and Democracy
(Washington, DC: World Bank, 2016)The year 2015 marks 70 years since Vietnam’s Declaration of Independence, 40 years since reunification, and just short of 30 years from the launch of Doi Moi reforms, which catapulted the nation from the ranks of the world’s poorest to one of the great development success stories. Critical ingredients of success have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were fused with the embrace of markets and the global economy, setting the nation on the path to becoming the middle-income country that it is today, raising tens of millions of people out of poverty. Energized by past success but by no means content, Vietnam now aspires, by the year 2035, to modernity, industrialization, and a higher quality of life – aspirations that stand on three major pillars: economic prosperity, balanced with environmental sustainability; equity and social inclusion; and state capacity and accountability. The Vietnam 2035 report – a joint undertaking by experts from Vietnam and the World Bank – evaluates Vietnam’s possibilities and options in this endeavor. -
Publication
Informality and the Playing Field in Vietnam's Business Sector
(Washington, DC: World Bank and the International Finance Corporation, 2003-08)The development story in Vietnam in recent years has been one of remarkable progress (Dollar 2002). Over the 1990s, the economy doubled and the incidence of poverty declined by half. Although these are indeed notable achievements, they are but the first steps across a difficult terrain. About 30 million people, or more than a third of the total population, continue to live in poverty, and 25 million, or about 60 percent of the labor force, are either underemployed or unemployed. To create jobs for the unemployed, underemployed, and new additions to the work force, Vietnam will have to double the economy again by the end of the decade, but this cannot happen unless both the level and the quality of investment increase substantially. According to World Bank estimates, average total investment must reach 30 percent of gross domestic product (GDP) by 2010, which represents a 5 percent increase over the 1990s, while average productivity will have to be about 40 percent higher (World Bank 2001). To achieve these objectives, Vietnam needs to encourage the private sector to contribute more to economic growth. This will require significant improvements in its business environment. -
Publication
Toward Country-led Development : A Multi-Partner Evaluation of the Comprehensive Development Framework--Findings from Six Country Case Studies
(Washington, DC, 2003)Collectively, the six country case studies provide an unusually rich source of material on the local dynamics of the aid business and the realities that countries face when they try to adopt CDF principles in earnest. In order to make this material more accessible (full case studies are over 70 pages), OED has summarized each study to about 15 pages and gathered all six summaries into this volume, which is intended to complement the main synthesis report for the CDF evaluation, Toward Country-Led Development: A Multi-Partner Evaluation of the Comprehensive Development Framework. This volume can also be used alone, to enrich the discussion of development assistance in a particular case study country or as a basis for comparing country experiences. Since the main purpose of the CDF evaluation was to look at what had happened since the CDF was launched, priority was given to interested countries where pilot implementation of the CDF was the most advanced (on the grounds that these countries would offer the greatest potential for learning). Consideration was also given to Regional balance. One non-CDF pilot country (Burkina Faso) was chosen as a control.