What assistance can the UN, World Bank, or IMF provide to Vietnam?I am doing a project on developing countries and I picked Vietnam. We are supposed to explain how the United Nations, World Bank, or the International Monetary Fund can help. Also, what are good trade policies to institute in Vietnam and how do we defend our cause? Information would be great! |
-Vietnam Relations - development & cooperation
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EC bilateral assistance to Vietnam
The overarching aim of European Commission support to Vietnam is to reduce poverty in an economically and environmentally sustainable way. Co-operation with Vietnam focuses both on human development per se and on assisting Vietnam in its integration into the international economy. EC aid is delivered through a combination of budgetary and sector support and technical assistance.
EC co-operation initiatives are divided into four main fields:
Support to Vietnam's reform agenda
Rural development and the environment
Health and education
Economic co-operation, trade-related assistance and governance
The European Commission is a co-financier of the World Bank-led Poverty Reduction Support Credit (PRSC), through which funds are made available to the Government of Vietnam to support Vietnam's reform agenda and the implementation of the Socio Economic Development Plan 2006-2010 (SEDP). Technical assistance for public financial management accompanies the EC's support to the PRSC. In 2008, the EC Delegation contributed for the fourth time to the PRSC, and actively participated, along with other donors, in policy dialogue with different Vietnamese ministries.
From 2006 on, the EC provides support to sector-wide programmes in forestry through Vietnam's Trust Fund for Forests and the Vietnam Conservation Fund. The initiative will cover areas such as sector financial analysis, conservation, law enforcement, governance and trade. It will complement contributions from EU Member States such as Finland, Germany, Sweden and the Netherlands, as well as from Switzerland and the Global Environment Facility and will be implemented by the Government of Vietnam and the World Bank.
In the field of rural development, building on an earlier integrated rural development programme which ended in 2004, the EC started its "Pro Poor Initiative for the Northern Uplands" in the Cao Bang and Bac Kan provinces since December 2005. This five-year project aimed at improving the living conditions of families in four of the poorest and remotest areas of Cao Bang and Bac Kan. 80 to 90 percent of the population belong to ethnic minorities, most of them living in extreme poverty with so far little perspectives for development. The project were terminated in December 2007 due to most of the contracts implementing the Financing Agreement was not concluded by the Final Date for Contracting of 22 November 2007.
EC supports an Urban Environmental Planning Programme in Provincial cities in the Mekong Delta region, to improve the quality of urban planning as a contribution to enhancing the state of the environment in provincial cities in Vietnam, with a financial contribution of 10 M€ for the period 2005-2009.
EC support in the social sectors has been comprehensive, with major projects (Health Systems Development Programme (23 M€) and Support for the Ministry of Education and Training - 7.6 M€) coming to an end in 2004/2005 and new ongoing initiatives. These include a project entitled Support for the Renovation of Education Management (12 M€), which started in 2006 provides support for strengthening capacity at central and local levels, and an initiative called HEMA, which stated in 2006 and helps contribute to the Government of Vietnam's Healthcare Fund for the Poor and help to improve its functioning (18 M€). HEMA is implemented in close cooperation with other projects in the same sector, supported among others by ADB/SIDA and the World Bank. The EC is also taking part with other donors (WB, DFID, CIDA, Belgium, and New Zealand) in a Sector Policy Support Programme for education that has the two following components: 1) support the Ministry's work to enhance the quality of basic education by providing funds via the NTP (National Targeted Programme) for Education, and 2) technical assistance to strengthen the management, monitoring and evaluation of the NTP. The EC will contribute up to 15.8 M€ to component 1; and will contribute to the management of the fund under component 2. Moreover, the EC is working with other donors on the formulation of a Sector Capacity Support Project in the health sector, with a budget of 15M€, which will intend to pave the way for a Sector Policy Support Programme, aligned with Government’s health policy.
In the field of economic co-operation and governance the European Commission concentrates its efforts on private sector development, legal reform, and trade-related technical assistance. The Private Sector Support Programme (9 M€) aims to strengthen the capacity of local authorities and service providers to establish an environment conducive to a thriving private sector. The Human Resources Development in Tourism project (10.8 M€) provides support to upgrade the standard and quality of human resources in the tourism industry and to enable the Government and ind
Vietnam is the WTO's 150th member, and one of its newest, so you might be better off looking at the WTO, which is strictly about trade. As for the IMF, they offer assistance to a country's financial system, so if Vietnam has shortages of capital the IMF can extend them emergency loans. The World Bank supports development projects in Vietnam such as roads, bridges, etc. And the UN offers Vietnam a world stage (Vietnam was on the Security Council of the UN in recent years), so they had a voice and a vote on vital issues like Darfur.
None I hope, those people really wanted to be a communist country. So how is that working out for them now?
