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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The Mekong Delta is the food bowl of Vietnam, producing 50 percent of the country’s rice and 70 percent of its aquaculture produce. Almost 20 percent of the country’s poorest people live in the delta,... Show More + home to about 18 million people who are feeling the impact of climate change. The population is growing and the land sinking while the sea level rises. This is leading to more frequent flooding.Upstream hydropower and irrigation are affecting water flows, natural sedimentation patterns, and fish migration. The change in fresh water flows affects the delta’s ability to flush the ever intruding saline. The delta’s balance is tipping.These mounting pressures are unlikely be reversed any time soon. Studies indicate climate change is set to exacerbate these land and water use challenges. Sea water levels are set to rise, storms to become more severe, and farmers’ rice yields are expected to decline up to 12 percent due to salinity intrusion. Aquaculture production will also be affected. The costs of adaptation for aquaculture alone could reach $130 million - $190 million per year.Government agencies and communities must now decide how to defend the delta, when to make room for the river, where to let the salt water stay, and why it might need to adjust the communities livelihoods and agriculture or aquaculture practices in response to a new reality. To address these challenges, the World Bank Group is working closely with other development partners to help design and deliver knowledge and financing for addressing challenges in provinces of the Mekong Delta in a long-term program. The bid to support resilient planning in provinces like Bến Tre province is founded on a decision support framework which will overlay existing data and analysis commissioned by different government agencies and development partners together with GIS maps, sectoral master plans, local expert experience, and available climate modeling.With this, lower cost solutions can be identified. These may include decisions to build dikes, create sluice gates, or plant mangroves. Mapping which farmland or homes are likely to flood when, or which rice fields would be subject to salt water intrusion, would help guide investments and planning processes.The decision support framework will enable government officials and community leaders to better understand the impact of the choices they make, weigh the options they have, and collectively assess the inevitable trade-offs that result. “A long-term development strategy for this region will require a sustained effort in adaptive delta management based on sound science and bringing different sectors and provinces together to think, plan, prioritize, and implement resilient investments,” says Anjali Acharya, a World Bank senior environmental specialist who is leading a multisectoral team on this work.Leadership in the Mekong Delta will provide lessons for Vietnam’s neighbors, as well as for the Ganges, the Okavango, the Mississippi and other complex delta systems.Mr. Dung will be attending the September Climate Summit. He hopes to share his experience and help mobilize global action and inspire others to step up to the climate challenge. Show Less -
Hanoi, August 25, 2014 – The World Bank today congratulated Vietnam on the high-level attention to building resilience of vulnerable areas like the Mekong Delta – which are especially impacted by clim... Show More +ate change and disaster risks, as well as Vietnam’s green growth strategy and action plan, and urged the country to forge ahead on a low carbon and resilient growth path.The statements were made during meetings between the World Bank Group Vice President & Special Envoy in charge of Climate Change, Rachel Kyte, and Vietnam State President Truong Tan Sang, and Prime Minister Nguyen Tan Dung."Climate change is a fact. It is intensifying threats to development and growth and there is no benefit in delaying action. Vietnam's leadership in climate action, green growth and building resilience is widely recognized," said Rachel Kyte. "Moreover, Vietnam recognizes the need to coordinate climate action at the highest level and we look forward to continuing to work together to tackle the climate challenge.”During these meetings, the participants discussed several areas of mutual interest, including building resilience in vulnerable areas and sectors. They also discussed bilateral relationship on Climate Change and Green Growth, in which the World Bank official reaffirmed the Bank’s willingness to continue its support to Vietnam, by bringing in both global knowledge and financing.The meetings were part of her visit to Vietnam on August 24-25, 2014 at the invitation of Vietnam’s Minister of Natural Resources and Environment. During this visit, Ms. Kyte attended a High-level Meeting on Climate Change with Deputy Prime Minister Hoang Trung Hai and other high ranking officials. She also participated in a Mekong Delta Roundtable on collaboration amongst development partners, and a dialog with private sector companies on investments opportunities relating to climate changeIn a field trip to Ben Tre Province, she learnt first- hand about the impacts that salinity intrusion and coastal erosion are already having on local economic development, people’s livelihoods, and gained an understanding of the adaptation strategies and coping mechanisms of local communities. Show Less -
IBRD Loan: US $500.0 million equivalentTerms: Maturity = 26 years, Grace = 10 yearsProject ID: P131558Project Description: The objective of the project is to improve the capacity, efficiency and relia... Show More +bility of electricity transmission services in selected parts of the electricity transmission network in the territory of the Borrower. Show Less -
Investment aims to construct over 1,000 kilometers of transmission lines and implement Smart Grid technologies to improve reliability and quality of electricity supplyWASHINGTON, D.C., August 7, 2014 ... Show More +– The World Bank’s Board of Executive Directors today approved a loan of US$500 million to the Government of Vietnam to improve the capacity, efficiency and reliability of electricity transmission in areas that are key to the country’s economic development, including the Greater Hanoi Area, the Greater Ho Chi Minh City Area, the Mekong Delta, and the Central Region.The project will finance transmission lines and substations at voltage levels of 220 and 500 kilovolts to increase the transport capacity and reliability of the electric grid. It will finance about 15 percent of Vietnam’s transmission network growth from 2015 to 2020, targeting key investment needs in major economic development areas where transmission overloads are already present or will happen in the very short term.In addition, the project will support Smart Grid technologies for monitoring, control, and protection equipment to improve reliability and reduce electricity outages. At the same time, the project will also help build the capacity of the National Power Transmission Company by supporting its operational and financial independence, in line with the power sector reforms program, which foresees a wholesale competitive market to be piloted by 2015.The total financing requirement of the project is estimated at US$731.25 million, of which US$500 million will be funded by the International Bank for Reconstruction and Development, the World Bank Group’s lending arm for middle-income countries. The remaining US$231.25 million will be financed by the Socialist Republic of Vietnam. Show Less -
The focus of reforms is to strengthen the social assistance service delivery system by reducing the fragmentation of services, improving targeting through building a strong database on recipients, and... Show More + adopting more efficient delivery mechanisms. Particular emphasis is placed on ensuring that poor children get the assistance needed to help achieve their full potential and hence break the intergenerational transmission of poverty.Hanoi, August 7, 2014 – The Vietnam Social Assistance System Strengthening Project was officially launched today, with the goal of developing and piloting innovations in management and service delivery in four provinces in north, central and south Vietnam as a first step towards nationwide implementation. According to Vice Minister of Labour, Invalids and Social Affairs Nguyen Trong Dam: “Despite being a poor country, the Government of Viet Nam has continuously issued new social assistance policies to enable the country to achieve the MDGs, including the goal of reducing poverty. However, there exist too many social assistance policies, creating a huge burden on management systems and difficulties for beneficiaries, leading to low uptake. The current management system has not kept pace with the speed of Viet Nam’s development. Our objective therefore is to build a consolidated and modernized social assistance system which lays the foundation for delivery of social assistance in the long term."The project will consolidate existing database into a national database of poor and near-poor households and social assistance beneficiaries, laying the foundation for program consolidation and improving the effectiveness of public spending on social assistance. In the four pilot project provinces (Hà Giang, Quảng Nam, Lâm Đồng and Trà Vinh), the project will test the strengthened, consolidated cash transfer program by putting existing and new cash transfers for poor households with children and pregnant women into a “family package” which can guarantee income security for poor households in the long run. The program will be delivered through improved management and service delivery systems.“Vietnam has an established system of social assistance cash and in-kind transfers. But the system is not as effective as it could be in addressing Vietnam’s poverty challenges today.” According to Victoria Kwakwa, the World Bank Country Director to Vietnam, "The project aims to support efficiency enhancing reforms to the social assistance system. I sincerely hope that the project will be implemented quickly and successfully and form the basis for scaling up improvements nationwide."The Project supports the Government’s overall objective of poverty reduction through emphasizing the role of social assistance system for enabling poor children to reach their full potential and break the intergenerational transmission of poverty. “I am happy to see that the Government of Viet Nam has prioritised its youngest citizens under the proposed cash transfer”, stated Mr. Jesper Moller, Acting Representative of UNICEF in Viet Nam. “UNICEF views this as a sound economic investment that will better equip the future generations to sustain the country’s rapid development amid demographic change.”In four pilot project provinces, the poor families with children and pregnant women will receive benefits and parenting advice in a timely and accessible manner; local social officers will benefit through simplification of processes and associated reduction in workload; program administrators at the provincial and central level will benefit from enhanced ability to monitor program implementation and support for policy formulation.The project is a product of a partnership involving MOLISA, UNICEF, the UK Department for International Development (DFID) and the World Bank. The funding of US$ 60 million for the Project comes from the International Development Association, the World Bank Group’s lending arm for low income countries on blend terms.---For further information, please contact:Mr. Dang Kim Chung, Director General, Social assistance System Strengthening project,Ministry of Labour-Invalids and Social Affairs, Tel. (84-4) 3933 3038; Email: email@example.comMs. Nguyen Nguyet Nga, Senior Economist, World Bank, Tel. (84-4) 3934 6600 ; Email: Nnga@worldbank.orgMs. Nguyen Thi Van Anh, Social policy specialist, UNICEF, Tel (84-4) 3942 5706, ext. 308; Email: firstname.lastname@example.org Show Less -