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 September 12, 2014, the portfolio consists of 47 IDA/IBRD operations and 6 stand-alone trust funds projects, with total net commitments of US$ 8,537 billion. 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.