World Bank2013-08-232013-08-232002-11-21https://hdl.handle.net/10986/15331The focus of the report, combined with Vietnam's remarkable long-term growth potential, presents a favorable outlook, suggesting the effects of the East Asian crisis are over. The country is committed to socially inclusive development, and, translates a vision of transition towards a market economy, with socialist orientation into concrete public actions, emphasizing the transition should be pro-poor, noting this will require investments in the rural, and lagging regions, and a more gradual reform implementation, than often recommended. However, challenges identified include, first, further progress in economic reform - fast progress in liberalizing foreign trade, and integrating with world economy is increasingly at odds with the slowdown of state-owned enterprise reform. Second, poverty alleviation may be endangered - for in the absence of vigorous action, inequality is likely to increase. And, third, improving the quality of governance faces an economic inefficient mismatch, reflected by its legal framework, budgetary system, and administrative structures, resulting from the inherited centrally-planned economy. The report reviews the increasing inequalities, and the need to redress imbalances, indicating that - although needed - economic reforms, trade liberalization, and the transformation of state-owned enterprises, may create losers, while many of the gains of the last decade remain fragile. The Comprehensive Poverty Reduction and Growth Strategy (CPRGS) identified key decisions that need to be made, supported by strong inter-ministerial coordination for its implementation, namely rolling out to provincial, district, and commune levels in order to better align priorities, and expenditures to the national development goals, supported by external assistance.en-USCC BY 3.0 IGOACCOUNTABILITYACCOUNTINGACCOUNTING STANDARDSADBADMINISTRATION REFORMADMINISTRATIVE TRADITIONSAGRICULTURAL PRODUCTIONAIRALLOCATION OF RESOURCESANALYTICAL WORKAUDITINGBANKING SECTORBANKING SYSTEMBLOCK GRANTSBOOK VALUEBUDGET CONSTRAINTSBUDGET DEFICITBUDGET FORMULATIONBUDGET MANAGEMENTBUSINESS ENVIRONMENTCAPITAL EXPENDITURESCAPITAL FORMATIONCENTRAL BANKINGCITIZENSCIVIL SERVICECOMMERCIAL BANKSCONCESSIONAL TERMSCONSENSUSCONSOLIDATIONCORRUPTIONCREDIT POLICIESCURRENCY UNITCURRENT EXPENDITURESDEBT RELIEFDECENTRALIZATIONDECISION-MAKINGDEMOCRACYDEVELOPMENT GOALSDEVELOPMENT STRATEGYDEVOLUTIONDISABILITIESDISASTERSDISCLOSUREDOMESTIC DEMANDDONOR REPRESENTATIVESECONOMIC ACTIVITYECONOMIC CONDITIONSECONOMIC COOPERATIONECONOMIC GROWTHECONOMIC MANAGEMENTECONOMIC REFORMEDUCATIONAL ATTAINMENTENACTMENTENTERPRISE REFORMENVIRONMENTAL DEGRADATIONENVIRONMENTAL QUALITYEXCHANGE RATEEXTERNAL DEBTEXTERNAL ENVIRONMENTFINANCIAL MANAGEMENTFINANCIAL SECTORFINANCIAL SECTORSFISCALFISCAL STANCEFISCAL YEARFOREIGN BANKSFOREIGN DIRECT INVESTMENTFOREIGN EXCHANGEFOREIGN INVESTMENTFOREIGN TRADEFORMAL ECONOMYGIRLSGOOD GOVERNANCEGOVERNMENT INFORMATIONGOVERNMENT OFFICIALSGROWTH RATEHEALTH CAREHEALTH INDICATORSHEALTH INSURANCEHEALTH OUTCOMESHEALTH SERVICESHEALTH STATUSHEALTH SURVEYHOUSEHOLD CONSUMPTIONHUMAN DEVELOPMENTINCOMEINCOME COUNTRIESINCREASED INEQUALITYINFLATIONINFORMAL SECTORINSTITUTIONAL ASSESSMENTINTEREST RATESINTERMEDIARIESINTERNATIONAL AUDITING STANDARDSINTERNATIONAL ECONOMICSINTERVENTIONJUDICIARYLABOR FORCELABOR MARKETLACK OF CLARITYLAND DEGRADATIONLAND REDISTRIBUTIONLAND REFORMLAWSLEGAL FRAMEWORKLEGAL REFORMLEGISLATIONLEVEL PLAYING FIELDLIQUIDATIONLIVING STANDARDSLOCAL GOVERNMENTSLOCAL LEVELLOCAL REVENUE SOURCESLONG TERMMACROECONOMIC FRAMEWORKMACROECONOMIC MANAGEMENTMACROECONOMIC STABILITYMALNUTRITIONMANAGEMENT INFORMATION SYSTEMSMANAGERSMARKET ECONOMYMIGRANTSMINISTRY OF FINANCEMORTALITYNATIONSNATURAL RESOURCESNEEDS ASSESSMENTNEW ENTRANTSNON-FARM EMPLOYMENTOILOVERALL EXPENDITUREPOLICY ACTIONSPOLICY ENVIRONMENTPOLICY MAKERSPOLICY MEASURESPOLLUTIONPOOR HOUSEHOLDSPOVERTY ALLEVIATIONPOVERTY ANALYSISPOVERTY REDUCTIONPRIMARY SCHOOLPRIORITY ACTIONSPRIVATE SECTORPRIVATE SECTORSPRIVATIZATIONPRODUCTIVITYPROPERTY RIGHTSPUBLIC ACTIONSPUBLIC ADMINISTRATIONPUBLIC ADMINISTRATION REFORMPUBLIC EXPENDITUREPUBLIC EXPENDITURE MANAGEMENTPUBLIC EXPENDITURESPUBLIC INVESTMENTPUBLIC INVESTMENTSPUBLIC SERVICEPUPILSRATING AGENCIESREAL TERMSRECAPITALIZATIONREPRESENTATIVESRESOURCE CONSTRAINTSRESOURCE USERURAL AREASRURAL HOUSEHOLDSRURAL POORSAVINGSSECTOR MINISTRIESSERVICE DELIVERYSOCIAL EQUITYSOCIAL INCLUSIONSOCIAL PROGRAMSSOCIAL SAFETYSOCIAL SAFETY NETSOCIAL SAFETY NETSSOCIAL SECTORSSOVEREIGN RISKSTATE SECTORSTATE- OWNED ENTERPRISESSTATE-OWNED ENTERPRISESSTRUCTURAL REFORMSTRUCTURAL REFORMSTRADE LIBERALIZATIONTRANSITION ECONOMIESTRANSPARENCYURBAN AREASURBAN HOUSINGWASTEWORKERS DEVELOPMENT ASSISTANCEDEVELOPMENT CONSTRAINTSDEVELOPMENT ECONOMICSPOVERTY REDUCTIONPOVERTY INCIDENCEINEQUITYECONOMIC GROWTHTRANSITION ECONOMIESMARKET ECONOMYTRADE LIBERALIZATIONPUBLIC ADMINISTRATIONRURAL DEVELOPMENTVULNERABLE GROUPSREFORM IMPLEMENTATIONECONOMIC REFORMSTATE-OWNED ENTERPRISESPOVERTY ALLEVIATION MECHANISMSGOVERNMENT COMMITMENTSGOVERNANCE CAPACITYLEGAL FRAMEWORKBUDGETARY POLICYADMINISTRATIVE CAPABILITYINTERAGENCY COORDINATIONDECENTRALIZATIONPUBLIC EXPENDITURESDEVELOPMENT POLICYEXTERNAL FINANCEWorld Bank10.1596/15331