Viet Nam
Quick Facts
Population | 96 million (2017) |
GDP at PPP (current international dollars) | 647 billion (2017) |
GDP per capita at PPP (current international dollars) | 6,776 (2017) |
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Viet Nam has worked with its GMS partners to increase the productivity of its agriculture sector. The country has prioritized critical reforms that have resulted in steady growth in agricultural output, making Viet Nam the second largest exporter of rice in the world. As in other GMS countries, rural transport and market access have also improved agricultural and rural livelihoods.
Viet Nam seeks to develop its energy resources with better transparency, competition and economic efficiency in order to attract private investment, which will complement public sector investments, and ensure energy supply security for its rapidly growing domestic demand. Viet Nam has worked with its GMS neighbors to benefit from power trading arrangements being developed in the subregion, and on information sharing regarding the exploration, production, and transmission of energy resources. Viet Nam is also expanding electricity access to rural and remote areas, and boosting the share of renewable energy to total energy supply.
Similar to other fast-growing GMS economies, Viet Nam has had to respond to growing pressures on its environment and natural resources. The Government has enacted legislation and launched programs to mitigate the environmental impacts of urban expansion. Viet Nam, in coordination with its GMS partners, has invested in tree planting programs that are showing results in terms slowing the loss of forest cover.
With a large rural and young population that is in need of skills development and training, Viet Nam is seeking to train 27.5 million workers – including 10 million rural workers – by 2020. In coordination with its GMS partners, Viet Nam is focusing efforts on poverty reduction and gender mainstreaming in order to help vulnerable workers benefit from national training programs. As part of its national human resources development work, the country is also strengthening its emphasis on protecting migrant workers, both domestically and across borders.
Viet Nam is sharing knowledge with its GMS partners to develop its fixed and mobile telecommunications systems, as well as Internet service. To promote competition and universal access, the country is promoting more transparent telecommunications licensing procedures and fees (in line with its subregional neighbors), and efficient government regulations. Viet Nam takes part in GMS training programs designed to increase the expertise of officials across the subregion.
Making trade and investment easier between GMS countries is a key priority for Viet Nam. The country has worked with its subregional partners to harmonize and simplify trade and investment procedures.
Viet Nam is a vital link in the emerging subregional transport system of the GMS. It is home to key sections of major GMS corridors, such as the Ho Chi Minh City-Phnom Penh Highway, the East-West Transport Corridor, the Kunming-Haiphong Transport Corridor, and the Southern Coastal Corridor. The country has also embarked on the construction of major expressways to enhance its overall transport efficiency. Viet Nam also hosts important maritime links via its ports. Viet Nam’s fast-growing economy has been a strong contributor to the development of GMS economic corridors that have benefited its own people, and the citizens of neighboring countries.
This is the joint statement from the 16th GMS Ministerial Meeting in Ha Noi, Viet Nam in August 2010.
This is the summary of proceedings from 16th Semi-Annual Meeting of the Greater Mekong Subregion Working Group on Environment (WGE-AM 16) held on 25 June 2010, as well as the pre-WGE session on 24 June 2010, in Hanoi, Viet Nam.
The Fourteenth Meeting of the Subregional Transport Forum (STF-14) was held in Nanning, Guangxi Zhuang Autonomous Region (GZAR), People’s Republic of China (PRC), on 2-3 December 2010 The Meeting was jointly organized by the Ministry of Transport, PRC; the Department of Transport, GZAR; and the Asian Development Bank (ADB).
The Seventh Meeting of the GMS Working Group on Agriculture was held on 15-16 November 2010 in Ha Noi, Viet Nam.
MANILA, PHILIPPINES (13 December 2010) - The Asian Development Bank is supporting the governments of Cambodia, Lao People's Democratic Republic and Viet Nam in a community-driven initiative to conserve more than 1.9 million hectares of threatened forest land, home to over 170,000 mostly poor, ethnic minority people.
This issue of the Greater Mekong Subregion (GMS) Journal of Development Studies features the outputs of four research projects funded by grants under the Research Program of the Phnom Penh Plan for Development Management (PPP).
MANILA, PHILIPPINES (29 November 2010) - The Asian Development Bank will extend $95 million to help the Lao People's Democratic Republic and Viet Nam upgrade roads in the northeastern transport corridor that offers trade and poverty reduction benefits to both countries, as well as the wider Mekong region.
MANILA, PHILIPPINES (23 November 2010) - The Asian Development Bank is extending $49 million to expand surveillance response systems to help control dengue outbreaks, and prevent the spread of communicable and tropical diseases in Cambodia, Lao PDR, and Viet Nam.
MANILA, PHILIPPINES (18 August 2010) - Ministers from the six countries of the Greater Mekong Subregion are holding its 16th Ministerial Meeting in Ha Noi, Viet Nam on 20 August 2010 to discuss a new 10-year (2012-2022) framework for regional cooperation.
This strategic framework develops a practical approach to railway integration in the Greater Mekong Subregion, provides GMS countries with an initial framework for achieving integration and interoperability, identifies priority initiatives, builds a platform for further dialogue and discussion between and among GMS countries, and provides a context for evaluating future projects.