Vietnam and the World Bank celebrated their strong and enduring partnership in 2011—a partnership that has made important contributions to Vietnam's remarkable poverty reduction efforts and social and economic development over the past few decades.
1976The Dawn of PartnershipAfter reunification in 1975, the Socialist Republic of Vietnam became a member of the World Bank Group. Two years later, the first World Bank economic mission visited the country and published the Vietnam Economic Report.
1978First Credit ApprovedVietnam received its first loan of $60 million from the International Development Association (IDA) for the Dau Tieng Irrigation Project covering 14,000 hectares and for the construction of a dam on the Saigon River.
1986Vietnam's RenovationThe Sixth Congress of the Communist Party launched a comprehensive drive called "Doi moi" (Reforms) toward reforms of socio-economic life in Vietnam.
1993Consultative Group MeetingsThe first Consultative Group Meeting (CG) for Vietnam was held in Paris. CG meetings are co-chaired by the Vietnam Government and the World Bank, and attended by partners to address development issues. Since 1999, they have been held in Hanoi.
1993Education for AllThe Primary Education Project provided more and better school books, built classrooms and improved school management in five rural provinces. It also improved the enrollment rate to 95 percent in 2002 from 86 percent in 1993. (View the slideshow)
1994Economic DynamicsVietnam received a $150 million Structural Adjustment Credit that contributed to transform it from a centrally-planned to a market economy, making it one of the most dynamic emerging markets in the region.
1996Improving Access to Rural Credit ServicesThree Rural Finance Projects totaling $522 million provided the first credit access for households, strengthened financial institutions and generated new sources of employment. (Watch the video)
2000"The Knowledge Bank"The annual Vietnam Development Report helps develop a common understanding of the policy agenda with the Government and the donor community. Other analytical work feed into the policy dialogue and in the creation of new laws.
2004Powering up Rural DevelopmentUnder the Second Rural Energy Project, over 2.7 million people in some of the poorest parts of Vietnam gained access to electricity as 555,327 households were connected to the national grid. (Watch the video)
2005Ride Safe, Save LivesWith 6.5 fatalities per 10,000 vehicles each year, accidents on Vietnam's roads are a major contributing factor to a national injury crisis. The Vietnam Road Safety Project has been working to bring together health, education, police, and highway agencies in order to save lives.
2006Enhancing health care servicesThe Bank is working to improve health care services for more than 20 million people. Three regional health projects that target the poor support the implementation of the new health insurance law at local levels.
2006Connecting PeopleThe Third Rural Transport Project is bridging some of the most inaccessible mountainous regions in Northern Vietnam's 33 provinces, linking poor communities to better markets and services via all-weather roads.
2007Improving Water Supply and SanitationInvestments and innovative programs in water and sanitation provided more access to clean water in rural areas (70%) and in cities (95%). (Watch the video)
2008New Approach to Gender EqualityFollowing two Bank-supported pilot projects in the early 2000s, a landmark law was passed making it mandatory for both husbands and wives' names to appear on land titles. (Watch the video)
2009Toward a Middle-income VietnamIn 2009, the Bank approved a $500 million loan to support public investment reforms. This is Vietnam's biggest loan to date and the first from the International Bank for Reconstruction and Development (IBRD).
2011Renewable and Low Cost EnergyThe $300 million Trung Son Hydropower Project is expected to provide clean, renewable and low cost energy and also aims to improve or restore livelihoods and living standards of affected households and villages.
2012Looking ForwardThe World Bank's new Country Partnership Strategy supports the Vietnam Government's focus on pushing for much-needed reforms aimed at sustaining growth that uplifts the lives of the poor, while protecting the environment.