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Vietnam's Development Success Story and the Unfinished SDG Agenda
Author:
Ms. Anja Baumnull

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Series:
IMF Working Papers
Volume/Issue:
Volume 2020: Issue 031
Language:
English
Publication Date:
14 Feb 2020
DOI:
https://doi.org/10.5089/9781513527024.001
ISBN:
9781513527024
ISSN:
1018-5941
Pages:
31
Keywords:
WP; Vietnam; development success; enrollment rate; income group; spending Needs; economic policies; SDGs; education; electricity; infrastructure; health; authorities estimate; expansion plan; closed economy; growth performance; government monopoly; government of Vietnam; government attention; government mandate; spending needs; electricity company EVN; Health care spending; Total expenditures; Global; Southeast Asia; Mekong
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during this time. This paper sheds light on some elements of Vietnam’s success story, highlighting crucial policies in education and electricity sectors. It undertakes a forward-looking costing exercise that focusses on five sectors – education, health, roads, water, and electricity infrastructure. Achieving the remaining SDGs in Vietnam will be a challenge, with total annual additional spending needs in the 5 subsectors estimated at 7 percent of GDP by 2030.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2020: Issue 031