Publication:
Better Investment Outcomes in Viet Nam through Increased Public Investment Management Efficiency

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-04-10T20:09:56Z
dc.date.available2025-04-10T20:09:56Z
dc.date.issued2025-04-10
dc.description.abstractViet Nam’s long-term goal is to attain high-income status by 2045. Achieving a modern, industrialized and resilient economy with higher living standards will depend on well-designed government policy interventions, combined with well targeted, efficient and effective public expenditures. Among the latter, public investment will play a critical part in creating the environment for wealth creation and social welfare improvements. However, it will not just be the volume of public investment that counts but also the quality, and this will become more important as time goes by. As diagnostic studies have shown, the quality of public investment is currently compromised by fragmentation, duplication and inefficiency. Overcoming these difficulties will be a major challenge in meeting Viet Nam’s development aspirations, which forms the broader context for the current Technical Report. In addressing the challenge of improving the quality of public investment, the Technical Report homes in on four potential hurdles that will need to be overcome: i) a complex and overlapping legal and regulatory framework for public investment management; ii) inefficiencies in managing the portfolio of ongoing and planned investment projects through the medium-term investment plan; iii) the absence of a standardised methods and documents for assessing project quality prior to a funding decision; and iv) obstacles to mobilising official development assistance (ODA) in a timely way. The analysis in the Technical Report seeks to examine these four hurdles in depth and propose solutions.en
dc.identifierhttp://documents.worldbank.org/curated/en/099040125110037892
dc.identifier.doi10.1596/43058
dc.identifier.urihttps://hdl.handle.net/10986/43058
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectLIVING STANDARDS
dc.subjectINVESTMENT
dc.subjectINDUSTRALIZATION
dc.subjectPUBLIC EXPENDITURE
dc.subjectEFFICIENCY
dc.titleBetter Investment Outcomes in Viet Nam through Increased Public Investment Management Efficiencyen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-04-10
okr.date.doiregistration2025-04-14T11:53:12.583092Z
okr.date.lastmodified2025-04-05T14:04:02Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099040125110037892
okr.guid099040125110037892
okr.identifier.docmidP176260-63e012cd-a6b3-482c-bab6-24ca795bf9b0
okr.identifier.externaldocumentum40004510
okr.identifier.internaldocumentum40004510
okr.identifier.report200222
okr.import.id7082
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099040125110037892/pdf/P176260-63e012cd-a6b3-482c-bab6-24ca795bf9b0.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryViet Nam
okr.sectorFY17 - Central Government (Central Agencies)
okr.sectorPublic Administration
okr.themeFY17 - ICT,FY17 - Adaptation,FY17 - Mitigation,FY17 - Public Administration,FY17 - Debt Management,FY17 - Public Expenditure Management,FY17 - Municipal Institution Building,FY17 - Public Finance Management,FY17 - State-owned Enterprise Reform and Privatization,FY17 - Climate change,FY17 - Public Private Partnerships,FY17 - ICT Solutions,FY17 - Public Assets and Investment Management
okr.themeFY17 - Environment and Natural Resource Management,FY17 - Private Sector Development,FY17 - Public Sector Management
okr.topicPrivate Sector Development::Emerging Markets
okr.topicPublic Sector Development::Decentralization
okr.topicEnvironment::Natural Resources Management
okr.unitEFI-EAP-GOV-FM & PS-1 (EEAG1)
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