Publication: Boosting Viet Nam’s Sustainable Marine Economy (PEIR)
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2025-06-25
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2025-06-25
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This PEIR was developed as a key tool to support Viet Nam in unlocking the full potential of its marine economy. It provides a comprehensive analysis of how public resources are allocated and spent across marine-related sectors, with insights into whether such investments align with the country’s sustainability and growth objectives. By evaluating the effectiveness of spending, the PEIR identifies gaps in public investment strategies, highlights inefficiencies, and proposes reforms to optimize the targeting and impact of government expenditures. To support the updating of institutional frameworks, this report provides actionable recommendations for strengthening governance structures and enhancing coordination across marine sectors. This will foster more integrated and efficient policy implementation. Additionally, the PEIR will play a vital role in creating a more conducive environment for private sector engagement, by identifying areas where public funding can effectively leverage private investment in sustainable marine development. Ultimately, the PEIR will help ensure that public resources are not only used more effectively, but also strategically directed to foster a sustainable blue economy that boosts national growth, safeguards marine ecosystems as well as promotes sustainable and climate-resilient livelihoods for coastal communities.
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“Mani, Muthukumara; Nguyen, Thu Thi Le. 2025. Boosting Viet Nam’s Sustainable Marine Economy (PEIR). © World Bank. http://hdl.handle.net/10986/43375 License: CC BY-NC 3.0 IGO.”
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