Country Partnership Framework for the Socialist Republic of Vietnam for the Period FY18-FY22
Thirty years after the launch of the economic reforms known as Doi Moi, Vietnam is considered a development success story—marked by remarkable poverty reduction and economic growth. Notwithstanding notable achievements, development challenges persi...
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/173771496368868576/Vietnam-Country-partnership-framework-for-the-period-FY18-FY22 http://hdl.handle.net/10986/27146 |
| Summary: | Thirty years after the launch of the
economic reforms known as Doi Moi, Vietnam is considered a
development success story—marked by remarkable poverty
reduction and economic growth. Notwithstanding notable
achievements, development challenges persist. The last World
Bank Group (WBG) country strategy for Vietnam, the FY12–16
Country Partnership Strategy (CPS), was presented to the WBG
Board of Directors on December 15, 2011.The Vietnam Country
Partnership Framework (CPF) covers the period FY18–22. It
has been prepared based on analysis and conclusions in
Vietnam 2035: Toward Prosperity, Creativity, Equity, and
Democracy (Vietnam 2035)1 and in the 2016 Vietnam Systematic
CountryDiagnostic (SCD), and informed by the CPS Completion
and Learning Review (CLR) and the 2016 Client Survey. The
CPF is fully aligned with the Government of Vietnam’s (GoV)
2010–20 Socio-Economic Development Strategy (SEDS) and the
recent 2016–20 Socio-Economic Development Plan (SEDP). The
CPF responds to priorities for support expressed by the
government and builds on the WBG’s comparative advantage.The
CPF is prepared at a critical juncture in Vietnam’s
development and at a time of transition. FY18 represents a
new period in GoV–WBG relations as Vietnam graduates from
the International Development Association (IDA) at end-FY17.
Moreover, success raises expectations—Vietnam has high
ambitions for further development and growth, aspiring to
modernity, industrialization, and a better quality of
life.The CPS has three pillars: (i) strengthen Vietnam’s
competitiveness in the regional and global economy; (ii)
increase sustainability of the country’s development; and
(iii) broaden access to economic and social opportunity,
supported by three cross-cutting themes: (a) strengthen
governance, (b) promote gender equality, and (c) improve
resilience related to external economic and climatic shocks. |
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