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Vietnam has demonstrated great development success over the past few decades as evidenced by a variety of measures, including national income, poverty reduction and access to services. However, Vietnam’s performance in terms of progress on robust, equitable and sustainable development is less favorable when when benchmarked against countries at similar income level, especially on the environment and resource efficiency.
This report analyses Vietnam's development track record over the last decades, its current status, and the challenges and opportunities in making the country's development cleaner, greener, and more climate-resilient.
Moving toward a more circular economy, in essence a more resource-efficient industry and harnessing the potential of renewable resources to reduce leakage and pollution, in key sectors and value chains can unlock significant growth potential and help reverse the current trends.