Publication:
Assessment of the Financing Framework for Municipal Infrastructure in Vietnam

dc.contributor.authorWorld Bank
dc.date.accessioned2014-04-01T21:04:59Z
dc.date.available2014-04-01T21:04:59Z
dc.date.issued2013-09
dc.description.abstractA fundamental challenge for Vietnam is to improve the affordability and efficiency of infrastructure investment. The fragmentation of public infrastructure investment results in duplication and waste, and is a major underlying cause of investment inefficiency. Bond issuance has been the most prominent form of debt financing at the sub-national level. At the provincial level, significant disconnects exist between total planned investment needs in infrastructure, and the effective demand for such investment. The success of any initiative to improve the financing of municipal infrastructure in Vietnam hinges on advances in the broader landscape of policy reform as part of the country's long-term development. Meeting these challenges requires a comprehensive approach that addresses issues of governance, financing, and execution. This report has been formulated with the objective of informing the Government of Vietnam (GOV) on how the financing framework for municipal infrastructure in the country can be strengthened. It is based on an assessment of the constraints and opportunities that sub-national governments face in accessing financing for infrastructure development. It also draws upon lessons and good practices from international experience in this area, considering their relevance for Vietnam. A set of recommendations and implementable actions is provided, recognizing the broader context of ongoing reforms that are needed on institutions, incentives and the availability of information.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/09/18928950/assessment-financing-framework-municipal-infrastructure-vietnam-final-report
dc.identifier.doi10.1596/17568
dc.identifier.urihttps://hdl.handle.net/10986/17568
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectASSET MANAGEMENT
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectBALANCE SHEET
dc.subjectBANKING SECTOR
dc.subjectBID
dc.subjectBIDS
dc.subjectBOND
dc.subjectBOND ISSUANCE
dc.subjectBOND ISSUE
dc.subjectBOND ISSUES
dc.subjectBOND MARKET
dc.subjectBORROWING CAPACITY
dc.subjectBUDGETING
dc.subjectCAPITAL BASE
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL GRANTS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL MARKETS
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANK LOANS
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL LOANS
dc.subjectCOMPETITIVE BIDDING
dc.subjectCONTINGENT LIABILITIES
dc.subjectCORPORATE BONDS
dc.subjectCREDIT ENHANCEMENT
dc.subjectCREDIT RATING
dc.subjectCREDIT RATINGS
dc.subjectCREDIT RISKS
dc.subjectCREDITORS
dc.subjectCURRENCY
dc.subjectCURRENCY RISK
dc.subjectDEBT
dc.subjectDEBT DEFAULT
dc.subjectDEBT FINANCING
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT MARKETS
dc.subjectDEBT OBLIGATIONS
dc.subjectDEBT REPAYMENT
dc.subjectDEBT REPAYMENTS
dc.subjectDEBT RESTRUCTURING
dc.subjectDEBT SERVICE
dc.subjectDEBTS
dc.subjectDEMAND FOR BONDS
dc.subjectDEVELOPMENT BANK
dc.subjectDISBURSEMENT
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDOMESTIC BORROWING
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectELECTRICITY
dc.subjectENABLING ENVIRONMENT
dc.subjectEQUITY CAPITAL
dc.subjectEQUITY MARKETS
dc.subjectEQUITY STAKES
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE MOVEMENTS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE RESPONSIBILITIES
dc.subjectEXPENDITURES
dc.subjectEXTERNAL FINANCE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SUSTAINABILITY
dc.subjectFISCAL DECENTRALIZATION
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN FUNDS
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN LOAN
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT GUARANTEE
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SUPPORT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectIMPLICIT GUARANTEES
dc.subjectINCOME LEVEL
dc.subjectINFORMATION DISCLOSURE
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE FINANCE
dc.subjectINFRASTRUCTURE FINANCING
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERGOVERNMENTAL TRANSFERS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTING
dc.subjectINVESTMENT CAPITAL
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT PORTFOLIO
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT RATE
dc.subjectINVESTMENT REQUIREMENTS
dc.subjectINVESTOR INTEREST
dc.subjectLAND USE
dc.subjectLAND VALUE
dc.subjectLAND VALUES
dc.subjectLEGAL FRAMEWORK
dc.subjectLENDER
dc.subjectLENDERS
dc.subjectLENDING DECISIONS
dc.subjectLENDING INTEREST RATE
dc.subjectLEVIES
dc.subjectLEVY
dc.subjectLICENSES
dc.subjectLOAN AGREEMENT
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENT REVENUES
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL INFRASTRUCTURE
dc.subjectLOCAL MARKET
dc.subjectLONG-TERM CAPITAL
dc.subjectLONG-TERM INSTRUMENT
dc.subjectMACROECONOMIC STABILITY
dc.subjectMANAGEMENT OPERATIONS
dc.subjectMARKET ECONOMY
dc.subjectMARKET FAILURES
dc.subjectMARKET INFRASTRUCTURE
dc.subjectMARKET MAKERS
dc.subjectMARKET PRICE
dc.subjectMARKET SIZE
dc.subjectMATURITIES
dc.subjectMATURITY MISMATCHES
dc.subjectMATURITY PERIOD
dc.subjectMATURITY PERIODS
dc.subjectMATURITY STRUCTURE
dc.subjectMDF
dc.subjectMUNICIPAL BOND
dc.subjectMUNICIPAL BOND ISSUANCE
dc.subjectMUNICIPAL BOND MARKET
dc.subjectMUNICIPAL BONDS
dc.subjectMUNICIPAL FINANCE
dc.subjectMUNICIPAL INFRASTRUCTURE
dc.subjectMUTUAL FUNDS
dc.subjectNATIONAL GOVERNMENTS
dc.subjectNON-PERFORMING LOAN
dc.subjectNON-PERFORMING LOANS
dc.subjectNPL
dc.subjectOUTSTANDING AMOUNT
dc.subjectOUTSTANDING DEBT
dc.subjectOUTSTANDING DEBTS
dc.subjectPAYMENT OF DEBT
dc.subjectPAYMENT OF INTEREST
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPORTS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPROPERTY RIGHTS
dc.subjectPROVINCIAL GOVERNMENTS
dc.subjectPUBLIC
dc.subjectPUBLIC ASSETS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC DEBTS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INFRASTRUCTURE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR DEBT
dc.subjectREGULATORY FRAMEWORK
dc.subjectREPAYMENT
dc.subjectREPAYMENT CAPACITY
dc.subjectRESERVE
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectREVENUE SHARING
dc.subjectRISK ASSESSMENTS
dc.subjectRISK FACTOR
dc.subjectRISK MANAGEMENT
dc.subjectROADS
dc.subjectSECURITIES
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT SYSTEM
dc.subjectSHORT MATURITY
dc.subjectSHORT-TERM DEPOSITS
dc.subjectSTATE BANK
dc.subjectSUB-NATIONAL BORROWERS
dc.subjectSUB-NATIONAL DEBT
dc.subjectSUB-NATIONAL FINANCES
dc.subjectSUBNATIONAL GOVERNMENTS
dc.subjectTAX
dc.subjectTAX RATES
dc.subjectTAX REVENUES
dc.subjectTIMELY PAYMENT
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectURBAN PLANNING
dc.subjectURBAN SERVICES
dc.subjectURBANIZATION
dc.subjectVALUATION
dc.titleAssessment of the Financing Framework for Municipal Infrastructure in Vietnamen
dc.title.alternativeDanh gia khung tai tro cho co so ha tang dia phuong o Viet Nam bao cao cuoi cungen
dspace.entity.typePublication
okr.date.disclosure2014-02-11
okr.date.doiregistration2025-05-07T09:51:13.328532Z
okr.doctypeEconomic & Sector Work::Country Infrastructure Framework
okr.docurlhttp://documents.worldbank.org/curated/en/2013/09/18928950/assessment-financing-framework-municipal-infrastructure-vietnam-final-report
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.identifier.externaldocumentum000461832_20140211142446
okr.identifier.internaldocumentum18928950
okr.identifier.reportACS5919
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/02/11/000461832_20140211142446/Rendered/PDF/ACS59190WP0P130ocao0WB0Final0merged.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryViet Nam
okr.sectorFinance
okr.sectorTransportation
okr.sectorWater, sanitation and flood protection
okr.themeUrban development :: Municipal finance
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicUrban Development::Municipal Financial Management
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics
okr.topicPublic Sector Development
okr.unitVietnam Sustainable Development (EASVS)
okr.volume1 of 1
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