IN VIETNAM, SOUND WATER DEVELOPMENT APPROACHES YIELD POSITIVE BENEFITS VIETNAM’S POSITIVE DEVELOPMENT TRAJECTORY OVER THE LAST TWO DECADES With annual growth in gross domestic product (GDP) averaging about 6.4 percent $ over this period, Vietnam has experienced among the fastest—and most equitable— trajectories of development in the world. 6.4% GDP of Prudent economic policies, combined with the enabling conditions created by a high endowment of water, have transformed Vietnam from a low income to a middle- income country within two decades. Rapid economic expansion has been accompanied by: strong export improved access to growth health and education From the early 1990s, when over half the services population lived on less than US$1.90 a day, the rate of extreme poverty has fallen to 3 percent—among the fastest declines in poverty ever recorded. 3% declines provision of life-sustaining piped in poverty water to cities large inflows of investment Learn more: www.worldbank.org/water IN VIETNAM, SOUND WATER DEVELOPMENT APPROACHES YIELD POSITIVE BENEFITS VIETNAM’S ABUNDANT WATER ENDOWMENT HAS SHAPED ITS DEVELOPMENT FORTUNES The country is rich in water 10,200 cubic meters (m3) of resources renewable freshwater per capita: Vietnam’s water availability -- high 3,500 rivers of by regional and global standards. more than 10 kilometers (km) in length Coverage of water supply and sanitation (WSS) services has improved sharply nationwide in Vietnam. of the 91% population have Spread across access to basic 16 major river drinking water basins and With plentiful 78% have access to basic sanitation rainfall 2,000 With over 7,500 dams and reservoirs and 4 million millimeters hectares (ha) of irrigated area, irrigation brings (mm) a year livelihoods to about 1/2 the workforce and their families contributing nearly 1/5 of the nation’s income Rivers have determined the locations Vietnam is the world’s 2nd- of settlements largest exporter of rice; the and cities, and largest producer of pepper, the power the second-largest producer the country’s of coffee, and the third-largest industries. producer of aquaculture products. Learn more: www.worldbank.org/water