The last Country Partnership Strategy was discussed by the Board on December 15, 2011 FISCAL YEAR January 1 – December 31 CURRENCY EQUIVALENTS Currency Unit = Vietnamese Dong (VND) 22,690 VND = $1 (Exchange Rate Effective April 15, 2017 in SAP, the World Bank) ABBREVIATIONS AND ACRONYMS AAA Analytical and Advisory Assistance AANZ ASEAN–Australia–New Zealand free trade area ABP Australian Bank Partnership Program ADB Asian Development Bank AFD Agence Française de Développement AIIB Asian Infrastructure Investment Bank ASA Advisory Services and Analytics ASEAN Association of Southeast Asian Nations BRT Bus Rapid Transfer Drawdown Option CC Climate Change CIEM Central Institute for Economic Management, Ministry of Planning and Investment CIFF City Infrastructure Financing Facility CLR Completion and Learning Review CO2 Carbon dioxide CP Communist Party CPF Country Partnership Framework CPS Country Partnership Strategy CWT Counter-wildlife trafficking DFAT Australia Department of Foreign Affairs and Trade DFID Department for International Development (UK) DPF Development Policy Financing DPO Development Policy Operation DRM Disaster risk management ES Environmental sanitation ESMF Earth System Modeling Framework EU European Union EUR Euro EVFTA EU-Vietnam Free Trade Agreement EVN Vietnam Electricity FCPF Forest Carbon Partnership Facility FDI Foreign Direct Investment FY Fiscal Year GAP Gender Action Plan GCF Green Climate Fund GDP Gross Domestic Product GFF Global Financing GG Green Growth GHG Greenhouse Gas GIZ Die Deutsche Gesellschaft fur Internationale Zusammenarbeit GoV Government of Vietnam GDP Gross domestic product GEF Global Environment Facility GFDDR Global Facility for Disaster Reduction and Recovery GFS Government Finance Statistics GHG Greenhouse gas GIZ Die Deutsche Gesellschaft für Internationale Zusammenarbeit GNI Gross national income GW Gigawatt HCFC Hydrochlorofluorocarbons HCMC Ho Chi Minh City HPEt Health Professional Education and Training for Health Systems Reform IBRD International Bank for Reconstruction and Development ICR Implementation Completion Report ICP Indicative Cooperation Program (Belgium) IDA International Development Association IDF Institutional Development Fund IEG Independent Evaluation Group IFC International Finance Corporation IMF International Monetary Fund INTOSAI International Organization of Supreme Audit Institutions IPF Investment project financing IPSAS International Public Sector Accounting Standards IWRM Integrated Water Resources Management JICA Japan International Cooperation Agency KEXIM Korea Export-Import Bank KfW Kreditanstalt für Wiederaufbau KOICA Korea International Cooperation Agency LCL Less concessional loan
MARD Ministry of Agriculture and Rural Development MDG Millennium Development Goal MIC Middle-income country MICS Multiple Indicator Cluster Survey (UNICEF) MIGA Multilateral Investment Guarantee Agency MKD Mekong Delta MOC Ministry of Construction MOET Ministry of Education and Training MOF Ministry of Finance MOFA Ministry of Foreign Affairs MOH Ministry of Health MOIT Ministry of Industry and Trade MOLISA Ministry of Labor, Invalids, and Social Affairs MOST Ministry of Science and Technology MOT Ministry of Transport MPI Ministry of Planning and Investment MSMEs Micro and Small-Medium Enterprises M&E Monitoring and evaluation MTIP Medium-term Investment Plan NA National Assembly NDC Nationally Determined Contributions NPL Non-Performing Loans ODA Official Development Assistance OECD Organization for Economic Co-operation and Development OOG Office of Government PA Prior action PER Public Expenditure Review PFM Public financial management PforR Program-for-Results PHRD Japan Policy and Human Resources Development Fund PIM Public investment management PISA Program for International Student Assessment PLR Performance and Learning Review PM Prime Minister PMU Project Management Unit PPP Public private partnership PM2.5 Particulate matter 2.5 PPIAF Public-Private Infrastructure Advisory Facility RECEP Regional Comprehensive Economic Partnership RMNCAH Reproductive, Maternal, Newborn, Child, and Adolescent Health RSWS Rural Sanitation and Water Supply SBV State Bank of Vietnam SCD Systematic Country Diagnostic SDG Sustainable Development Goal SDR Special Drawing Rights SECO State Secretariat for Economic Affairs SEDP Socio-Economic Development Plan SEDS Socio-Economic Development Strategy SME Small-Medium Enterprise SOE State-owned enterprise TA Technical assistance TPP Trans-Pacific Partnership UN United Nations USAID United States Agency for International Development VBF Vietnam Business Forum VHLSS Vietnam Household Living Standards Survey VN Vietnam VND Vietnamese dong VN2035 Vietnam 2035 WBG World Bank Group WTO World Trade Organization World Bank IFC MIGA Vice President: Director: Sr. Manager: Task Team Leaders: Victoria Kwakwa Ousmane Dione Cia Sjetnan, Dung Viet Do Dimitris Tsitsiragos Vivek Pathak Kyle Kelhofer Daniel Street, Tehmina Nawab Keiko Honda Merli Baroudi Timothy Histed, Paul Barbour
Farmers trained through IFC Vietnam Agri-finance project Baseline: 0 Target 6,100 (2016) Partially achieved Agriculture Value Chain and Rural SME project (IFC) Pillar 2: SUSTAINABILITY Rating: Moderately satisfactory SEDP indicators: 42.5% forest coverage in 2015;70% of industrialized and export processing zones with wastewater treatment plants, 85% solid waste collection rate; 85% medical waste collection rate; 80% severe environment polluters regulated Sub-pillar 2.1: Natural resources management (“Green”) SEDS Goal 11: Protect and Improve Quality of the Environment, Proactively and Effectively Respond to Climate Change, as well as Prevent and Fend off Natural Disasters. Sub-pillar 2.1. rating Moderately satisfactory Justification for rating: Out of four outcomes under this sub-pillar, three are rated mostly achieved. One indicator could not be verified. The indicator related to improved management of water resources could not be verified, though progress has been made towards more integrated approaches to water resources management. Land management has improved, and a new law has been adopted. Time needed for land related transactions has been significantly reduced. 1.5 million Land Use Rights Certificates were registered in the name of female land users since 2007. Outcome 12: Improved management of water resources in selected areas: Increased water productivity in pilot areas Baseline: TBD at start of MDWM project Indicator achievement: Data for indicator could not be verified, but progress can be observed through alternate indicators and measures. Progress can be observed with regards to water resource management, linked to irrigation and in relation to multi-sectoral water allocations. Mekong Delta Water Management Project supports pilots in five provinces to improve water productivity and strengthen provincial water resource management and investment plans and has progressed well with satisfactory development objectives and project implementation ratings in the current ISR. WB lending: Ongoing: Mekong Delta Water Management (FY11) (P113949), closing March 2017 Coastal Resources for Sustainable Development (FY12) P124702), closing March 2018 Regional Mekong Water Resources (FY13)
Lending also focused on increasing access to health services for the poor at district level and commune lev--by improving availability and quality of health services as well as working on the demand side for health services. Results under both Northern Upland Health Support Project as well as Central North Region Health Project surpassed targets and created effective access to district hospitals services for the poor and ethnic minorities and significantly improved quality of services. In relation to the demand side good results were also obtained in relation to reducing financial constraints related to accessing services. Vietnam Health Care Support to the Poor of the Northern Uplands and Central Highlands, co-financing to Mekong Health Support, IDF – Improving Effectiveness and Sustainability of Social Health Insurance, KTF – Vietnam Health System Governance Strengthening, HRBF – Developing Results focused Health Care financing mechanisms in Vietnam
3: June 2012 June 2013 June 2014 June 2015 June 2016 February 2017 Number of projects (IDA/IBRD) 54 59 57 50 53 50 Commitment amount ($ million) 8,859.4 9,680.8 9,829.5 9,247.1 10,414.2 9,830.5 Commitment at risk ($ million) 997.0 1,454.2 1,122.8 1,507.9 261.0 261.0 Commitment IP/DO problem ($ million) 997.0 1,454.2 1,057.8 1,507.9 261.0 261.0 Total undisbursed balance ($ million) 5,392.3 5,875.9 6,152.0 5,567.1 6,456.4 6,052.3 Total disbursed ($ million) 3,527.7 3,753.6 3,724.5 3,189.2 3,506.3 3,245.2 Disbursement ratio (percent) 16.0 19.5 18.3 20.7 18.6 8.8 Disbursed in FY ($ million) 1,385.5 1,337.4 1,321.0 1,309.4 1,213.0 499.9 Number of problem projects 8 11 9 11 3 3 Number of projects at risk 8 11 10 11 3 3 Average project age (years) 4.3 4.2 4.0 3.9 3.7 4.1 4: (IBRD/IDA 5: 6: MIGA Data as per March 31, 2017 Project Name Effective Date Expiry Date Business Sector Maximum ($)