Supporting Viet Nam towards the 2030 integrated Finance Strategy for accelerating the achievement of the SDGs (Joint GoV-UN Program).

PROJECT SUMMARY

The joint GoV-UN Program (JP) supports Viet Nam’s transformation to a more inclusive, productive green, and climate-resilient economy and accelerate the achievement of the SDGs. The JP will assist the development and rolling-out of Viet Nam’s 2030 integrated financing and investment strategy while considering the impact of COVID-19. The JP will support the achievement of SDG 17 through the mobilization of finance, promoting policy coherence, and facilitating effective public-private partnerships. Additionally, the JP will positively and directly impact SDG 8 through the creation of decent jobs, entrepreneurship, and innovation, as well as supporting Viet Nam’s transition to a low-carbon economy.

PROJECT OBJECTIVES

The overall objective of the JP is to support Viet Nam’s transformation to a more people-centered, equitable, inclusive, productive, green, and climate-resilient economy and accelerate the achievement of the SDGs.

  • Objective 1:  Sustaining economic growth alongside ensuring social progress and justice and environmental and ecological protection with effective management and utilization of natural resources, and a proactive response to climate change;
  • Objective 2:  Ensuring that the full potential of all citizens is promoted and that they participate in the development and benefit equitably from the results of development; and
  • Objective 3: Building a Vietnamese society that is peaceful, prosperous, inclusive, democratic, just, civilized, and sustainable.

EXPECTED RESULTS

  • Strengthened resource allocation through better alignment of development finance with national SDG priorities
  • Improved effectiveness of public investment gained through better integration across government, vertically and horizontally
  • Increased public investment crowding-in of private finance and attracting quality FDI flows that support the development of domestic enterprises