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Vietnam's Development Success Story and the Unfinished SDG Agenda

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  • Ms. Anja Baum

Abstract

Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during this time. This paper sheds light on some elements of Vietnam’s success story, highlighting crucial policies in education and electricity sectors. It undertakes a forward-looking costing exercise that focusses on five sectors – education, health, roads, water, and electricity infrastructure. Achieving the remaining SDGs in Vietnam will be a challenge, with total annual additional spending needs in the 5 subsectors estimated at 7 percent of GDP by 2030.

Suggested Citation

  • Ms. Anja Baum, 2020. "Vietnam's Development Success Story and the Unfinished SDG Agenda," IMF Working Papers 2020/031, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2020/031
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    References listed on IDEAS

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    7. World Bank, 2000. "Vietnam - Managing Public Resources Better : Public Expenditure Review 2000, Volume 1. Main Report," World Bank Publications - Reports 15002, The World Bank Group.
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    Cited by:

    1. Amr Hosny, 2021. "Adapting to Climate Change in Vietnam: Insights from a Structural Model," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 9(2), pages 145-152, June.
    2. Tuan Nguyen Tran, 2023. "A comparative study of urban land use efficiency of the cities of Hai Phong and Can Tho, Vietnam," Environmental & Socio-economic Studies, Sciendo, vol. 11(3), pages 43-53, September.
    3. Arve Hansen, 2022. "Negotiating Unsustainable Food Transformations: Development, Middle Classes and Everyday Food Practices in Vietnam," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(3), pages 1441-1459, June.
    4. Nguyen, Thi Cuc & Miatto, Alessio & Kim, Junbeum, 2024. "Material services in an emerging economy: Tracking resource utilization in Vietnam's shelter, thermal comfort, and road transportation," Ecological Economics, Elsevier, vol. 220(C).
    5. Amarasekara, Chandranath & Venuganan, Poongothai, 2021. "Comparative Review of the Human Capital Development Journeys of Vietnam and Sri Lanka," MPRA Paper 111204, University Library of Munich, Germany.

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