Vietnam’s shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
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As of January 1, 2013, Vietnam’s portfolio consisted of 46 active IDA/IBRD investment and development policy operations totaling US$6.15 billion and US$1.87 billion in net IDA and IBRD commitments, respectively. The portfolio concentrates on infrastructure, including transportation and urban development, rural development, energy, water resources management, public administration reforms, finance, education, health and social services, and environment.