Viet Nam: Asian Development Bank Member Fact Sheet 2018 Updated
Asian Development Bank | July 2019
Abstract
Viet Nam has enjoyed relative prosperity over the past 5 years. Economic growth—propelled by a surge in foreign direct investment, buoyant domestic consumption, and export-oriented manufacturing—has been strong, while inflation has remained single digit and well-balanced policies have helped maintain macroeconomic stability, improve the business environment, and build investor confidence.
Despite remarkable achievements in reducing poverty, Viet Nam still faces growing income inequality and other socioeconomic disparities, particularly for ethnic minorities and other vulnerable groups. The country is also one that is most at risk of the impacts of climate change, with extreme weather events becoming more common and threatening to undo past development gains. To overcome these challenges, Viet Nam needs to continue to develop a more dynamic and inclusive economy to compete globally and deliver sustainable, equitable growth over the long term.
Citation
Asian Development Bank. 2019. Viet Nam: Asian Development Bank Member Fact Sheet 2018 Updated. © Asian Development Bank. http://hdl.handle.net/11540/10838.Keywords
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development Research
Green revolution
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Rural planning
Regional development bank
Project finance
Strategic planning
Infrastructure projects
Government programs
Public finance
Public enterprises
Development
Economics
Development In East Asia
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Economic development projects
Economic forecasting
Economic development projects
Municipal government
Technology transfer
Exchanges of patents and technical information
Technical education
Technology
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Transfer Technocracy
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