Viet Nam Development Finance Assessment

This Development Finance Assessment (DFA) paper was drafted by Dr. Kongchheng Poch, the Economist of the United Nations Resident Coordinator’s Office (UNRCO) in Viet Nam as part of the desk review and background analysis conducted for the preparation of the Resource Mobilization Strategy (RMS) and Country Analysis (CA). It focuses on mapping and analysing the sources of development finance. It does not aim to examine the use of financial resources by the government. The paper follows the Development Finance Assessment (DFA) Guidebook in analysing the development financial flows and broadly utilized the summary of the development financial flow categorization. The DFA Guidebook has been developed as a tool to identify opportunities to mobilize additional sources of finance and to use existing financial resources more efficiently to achieve the SDGs. In the same manner, this paper aims to scan the development financial landscape in Viet Nam as a potential input to on-going discussions for developing SDG Financing Strategy, identified as a critical priority of the 2nd Voluntary National Review (VNR) report. The paper benefited greatly from the review, comments and feedback by the professional staff and UN Country Team in Viet Nam. The key findings and recommendations of the paper were presented at the UN Country Team and Development Partners Group meetings in March 2025.