Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks
Vietnam’s on-going reform program places emphasis on improving the efficiency of public investment in order to boost the country’s economic performance, which remains highly dependent on factor accumulation. Despite the improvements introduced by t...
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World Bank, Hanoi
2019
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| Online Access: | https://documents.worldbank.org/en/publication/documents-reports/documentdetail/784301559570828978/public-investment-management-in-vietnam-assessment-and-reform-priorities-for-overcoming-the-bottlenecks http://hdl.handle.net/10986/31762 |
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okr-10986-317622021-05-25T09:24:09Z Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks World Bank CAPITAL SPENDING GOVERNMENT BONDS PUBLIC INVESTMENT MANAGEMENT PROJECT APPRAISAL INDEPENDENT REVIEW BUDGETING PROJECT MONITORING MONITORING AND EVALUATION Vietnam’s on-going reform program places emphasis on improving the efficiency of public investment in order to boost the country’s economic performance, which remains highly dependent on factor accumulation. Despite the improvements introduced by the government in recent years, including the issuance of the public investment law, progress in restructuring of public investment has been slow and mostly focuses on cleaning up of the existing fragmented portfolio. A major factor behind the slow progress of restructuring public investment is the lack of a well-designed reform program with clear specific objectives and priorities. Against this background, the Ministry of Planning and Investment (MPI) requested the World Bank to undertake a diagnostic assessment of Vietnam’s public investment management (PIM) system in order to identify weaknesses compared to good practice models, determine priorities for reform and make specific recommendations on actions over the short, medium and long term. This framework analyzes the presence and quality of institutional arrangements required to support the performance of eight must-have functionalities across the project and capital budgeting cycles, thus enabling a robust assessment against good international practice. 2019-05-31T21:07:45Z 2019-05-31T21:07:45Z 2018-07 Report https://documents.worldbank.org/en/publication/documents-reports/documentdetail/784301559570828978/public-investment-management-in-vietnam-assessment-and-reform-priorities-for-overcoming-the-bottlenecks http://hdl.handle.net/10986/31762 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Hanoi Economic & Sector Work Economic & Sector Work :: Public Investment Review East Asia and Pacific Vietnam |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
CAPITAL SPENDING GOVERNMENT BONDS PUBLIC INVESTMENT MANAGEMENT PROJECT APPRAISAL INDEPENDENT REVIEW BUDGETING PROJECT MONITORING MONITORING AND EVALUATION |
| spellingShingle |
CAPITAL SPENDING GOVERNMENT BONDS PUBLIC INVESTMENT MANAGEMENT PROJECT APPRAISAL INDEPENDENT REVIEW BUDGETING PROJECT MONITORING MONITORING AND EVALUATION World Bank Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks |
| geographic_facet |
East Asia and Pacific Vietnam |
| description |
Vietnam’s on-going reform program places
emphasis on improving the efficiency of public investment in
order to boost the country’s economic performance, which
remains highly dependent on factor accumulation. Despite the
improvements introduced by the government in recent years,
including the issuance of the public investment law,
progress in restructuring of public investment has been slow
and mostly focuses on cleaning up of the existing fragmented
portfolio. A major factor behind the slow progress of
restructuring public investment is the lack of a
well-designed reform program with clear specific objectives
and priorities. Against this background, the Ministry of
Planning and Investment (MPI) requested the World Bank to
undertake a diagnostic assessment of Vietnam’s public
investment management (PIM) system in order to identify
weaknesses compared to good practice models, determine
priorities for reform and make specific recommendations on
actions over the short, medium and long term. This framework
analyzes the presence and quality of institutional
arrangements required to support the performance of eight
must-have functionalities across the project and capital
budgeting cycles, thus enabling a robust assessment against
good international practice. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks |
| title_short |
Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks |
| title_full |
Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks |
| title_fullStr |
Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks |
| title_full_unstemmed |
Public Investment Management in Vietnam : Assessment and Reform Priorities for Overcoming the Bottlenecks |
| title_sort |
public investment management in vietnam : assessment and reform priorities for overcoming the bottlenecks |
| publisher |
World Bank, Hanoi |
| publishDate |
2019 |
| url |
https://documents.worldbank.org/en/publication/documents-reports/documentdetail/784301559570828978/public-investment-management-in-vietnam-assessment-and-reform-priorities-for-overcoming-the-bottlenecks http://hdl.handle.net/10986/31762 |
| _version_ |
1764475029602435072 |