Viet Nam


Multi-dimensional Review of Viet Nam

Towards an Integrated, Transparent and Sustainable Economy

Since the launch of the Ðổi Mới economic reforms in 1986, Viet Nam has achieved tremendous economic and social progress. Today, it is well integrated on global markets, has enjoyed robust growth, and has seen remarkable poverty reduction. With its recent successful fiscal consolidation, its attractiveness as a trading destination and rapidly growing domestic middle class, Viet Nam faces a window of opportunity for its transition to an inclusive market economy. Three guiderails should form the basis of this strategy: integration, transparency and sustainability. Better integration between state-owned enterprises, foreign investors and domestic private companies in open markets will be key to future performance gains. Partnerships between universities and enterprises would also help upgrade skills and create innovation, thereby making the integration durable. Transparency and performance of government are prerequisites for trust and a key lever to enhance efficiency and productivity in most areas of the state and the economy. A more sustainable development path will need better management of water, air and energy to address climate change. Reforms of the social security system can also ensure that no one is left behind, especially in the face of a fast ageing population.

Published on July 01, 2020

In series:OECD Development Pathwaysview more titles


Abbreviations and acronyms
Facts and figures of Viet Nam
Executive summary
Overview: Viet Nam’s window of opportunity to create an integrated, transparent and sustainable economy
Initial assessment2 chapters available
Multi-dimensional constraints analysis in Viet Nam
Conclusion: Three cross-cutting constraints to sustainable development in Viet Nam
Strategic recommendations: Towards an integrated, transparent and sustainable economy4 chapters available
New opportunities in agriculture, manufacturing and services in Viet Nam
Enhancing SOE efficiency in Viet Nam
Skills and innovation: Strengthening Viet Nam’s tertiary education
Ensuring sustainability through better environmental and energy management in Viet Nam
From analysis to implementation2 chapters available
Strengthening Viet Nam’s capabilities for implementation
Indicators for implementation
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