世界银行-越南：高绩效经济的公共投资（英）

1E N J E U X M O D E R N E S D ’ U N E V I L L E M I L L É N A I R EWORLD BANK POLICY NOTEVIET NAM:PUBLIC INVESTMENTFOR A HIGH-PERFORMING ECONOMYFOR THE AMENDMENTS TO THE PUBLIC INVESTMENT, STATE BUDGET, PROCUREMENT, PUBLIC ASSET AND PUBLIC DEBT MANAGEMENT LAWSPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorized2This policy note presents a comprehensive analysis of Viet Nam’s public investment management (PIM) system, and strategic recommendations to make the system work better in meeting the country’s development needs. The preparation of this note is a collaborative efort of the core team of Quyen Hoang Vu, Marc Robinson, Dung Viet Do, and Phuong Anh Nguyen with contributions from (in alphabetical order) Anand Rajaram, Chiara Odetta Rogate, Dorsati Madani, Guo Li, Kalesh Kumar, Kien Trung Tran, Ha Thi Thanh Nguyen, Halla Maher Qaddumi, Hang Diem Nguyen, Huong Thi Lan Tran, James Anderson, Jay-Hyung Kim, Jorge Martinez, Lars Jessen, Mai Thi Phuong Tran, Marc Forni, Phuong Hoang Ai Nguyen, Sean Michaels, Serdar Yilmaz, Simon Groom, Son Duy Nguyen, Tu Anh Vu Thanh, Tuan Minh Le, Tung Duc Pho, and Zayra Romo. It benefted signifcantly from discussions with the Ministries of Planning and Investment, Finance, and Transport; Departments of Planning and Investment, and Finance of Da Nang city and Ho Chi Minh city; the Central Economic Commission; the Finance and Budget Committee of the National Assembly; Scholars working on the Mekong Delta Region; Vietnam Chamber of Commerce and Industry and Vietnam Logistics Business Association; as well as many World Bank colleagues working on public and linkage investment issues. Overall guidance was provided by World Bank management including Mariam J. Sherman (Division Director), Kathleen A. Whimp (Operations Manager), and Andrea Coppola (Lead Economist and Program Leader) for Viet Nam, Cambodia, and Lao PDR; and Alma Kanani and Oleksii Balabushko (Practice Managers) of the Institutions Global Department, East Asia and Pacifc region.  VIET NAM:PUBLIC INVESTMENTFOR A HIGH-PERFORMING ECONOMYWORLD BANK POLICY NOTE FOR THE AMENDMENTS TO THE PUBLIC INVESTMENT, STATE BUDGET, PROCUREMENT, PUBLIC ASSET AND PUBLIC DEBT MANAGEMENT LAWSAPRIL 2025CONTENTExecutive Summary 6Main text1. The Role of Public Investment in Viet Nam’s Future Development 8Public investment and Viet Nam’s development needs 8Substantial scope to increase investment efficiency 122. The Public Investment Management System in Viet Nam 18A bureaucratic PIM system 18Low quality-at-entry due to inadequate project screening 19Inflexible selection and budgeting processes 21Inefficient project implementation and inadequate monitoring and ex-post evaluation 23Weakness