Vietnam Development Report (VDR) 2019: Connecting Vietnam for Growth and Shared Prosperity

21/12/2019

Time: December 2019

By: The World Bank

With rising incomes, declining poverty levels and greater participation in global value chains, Vietnam has greatly benefited from having an open economy, conducive investment climate, and relatively good connectivity to the region and the rest of the world. Given emerging challenges and threats to its growth trajectory—through increasing international protectionism, a slowing global economy, and climate change—ensuring Vietnam’s competitiveness will require implementation of policies and investments that position the country to best adapt to the changing global environment.

This report features a comprehensive overview of connectivity issues in Vietnam and uses a set of new analytical tools and analyses to inform policy makers and other key stakeholders on policy options and investment strategies to support Vietnam’s integration with global and domestic markets, strengthen, and promote spatial inclusion, along with its resilience. In conclusion, the report presents a set of nine focused recommendations organized in four mutually reinforcing areas of connectivity related to (a) Integration with Global Markets, (b) Integration across Domestic Markets, (c) Spatial Inclusion, and (d) Building Resilience.

The Publication (in Vietnamese and English) is attached below: