The Vietnam Inclusive and Sustainable Recovery Development Policy Operation

Project Dates: April 2022 - December 2022
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The Vietnam Inclusive and Sustainable Recovery Development Policy Operation
PROJECT OBJECTIVE

The proposed operation will support the Government of Vietnam’s effort to promote a more inclusive, green and digital-friendly economic recovery in the aftermath of the COVID-19 pandemic.

PROJECT DESCRIPTION

The development objective of the Inclusive and Sustainable Recovery Development Policy Operation in Vietnam supports the Government of Vietnam’s effort to promote a more inclusive, green and digital-friendly economic recovery in the aftermath of the COVID-19 pandemic. The development policy operation series is anchored on two pillars. Pillar 1 supports an inclusive economic recovery by reducing the tax burden on COVID-19-affected businesses, facilitating access of vulnerable groups to financial assistance, improving gender balance in labor policies, and promoting financial inclusion with the development of a nationwide e-payment system. Pillar 2 contributes to sustainable recovery by greening domestic policies through trade agreements, accelerating adoption of e-government, and greening its infrastructure through new investments in renewable energy.


SECTORS OR AREAS OF WORK
  1. Energy finance

Region/Location

BUDGET

USD 221,500,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
ADDITIONAL INFORMATION

For more information https//projects.worldbank.org/en/projects-operations/project-detail/P176717


BUDGET

USD 221,500,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE