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    Asian Development Bank and Viet Nam: Fact Sheet

    Asian Development Bank | April 2009
    Abstract
    Updated yearly, this ADB Fact Sheet provides social and economic indicators on Viet Nam as well as concise information on ADB's operations in the country and contact information. Viet Nam has been one of Asia’s fastest growing economies over the last 20 years, with growth of real gross domestic product (GDP) averaging 7.4% during 1989–2008. Strong economic growth, combined with improved social safety nets, has enabled Viet Nam to reduce poverty dramatically. Poverty incidence has declined from 58.1% in 1993 to 16.0% in 2006. Viet Nam has been able to sustain strong economic growth for a long period and to significantly improve the efficiency of social safety nets by carrying out a broad range of economic and institutional reforms fostering economic growth and improved targeting of social security provision. Viet Nam is in transition from a centrally planned to a market economy, and from a social protection system that relied heavily on price subsidies to one based on targeted programs. Market-oriented reforms have involved partial privatization of state-owned enterprises, liberalization of markets and recognition of private property rights, which has resulted in the emergence of a vibrant private sector.
    Citation
    Asian Development Bank. 2009. Asian Development Bank and Viet Nam: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5825.
    Keywords
    Urban Development Finance
    Trade Finance
    Small Business Finance
    Rural Finance
    Roundtable on International Trade and Finance
    Regional Development Finance
    Public Service Finance
    Public Finance
    Project Finance
    Private Finance
    Nonbank Financing
    Non-Bank Financial Institutions
    Municipal Finance
    Local Government Finance
    Local Currency Financing
    Limited Resource Financing
    International Financial Institutions
    Infrastructure Financing
    Industrial Finance
    Government Financial Institutions
    Government Finance
    Financing of Infrastructure
    Financial Sector Development
    Financial Regulation
    Taxation
    Public Accounting
    National Budget
    Municipal Bonds
    Local Government
    Local Taxes
    International Monetary Relations
    International Financial Market
    International Banking
    Central Banks
    Business Financing
    Capital Resources
    Budgetary Policy
    Capital Needs
    Corporate Divestiture
    Capital Instruments
    Pension Funds
    Insurance Companies
    Banks
    Portfolio Management
    Fiscal Administration
    Economics of Education
    Development Banks
    Use tax
    Taxing power
    State of taxation
    Tax-sales
    Tax revenue estimating
    Tax planning
    Spendings tax
    Special assessments
    Tax administration and procedure
    Sales tax
    Real property and taxation
    Progressive taxation
    Effect of taxation on land use
    Effect of taxation on labor supply
    Intergovernmental tax relations
    Inheritance and transfer tax
    Energy tax
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    Citable URI
    http://hdl.handle.net/11540/5825
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    Author
    Asian Development Bank
    Theme
    Finance
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise