ABSTRACT
There have been dramatic increases in infrastructure services over the 1990’s, which have contributed to Vietnam’s rapid growth, international trade, and poverty reduction during this period. Growth in infrastructure services is essential for sustainable and equitable growth of the economy. The information infrastructure, which is essential for Vietnam if it to harness global knowledge for its own development, is also limited. If infrastructure needs are not carefully prioritized so that they fit into available financing, the danger is that some low priority investments might get financed at the expense of higher priority ones. There is a clear need, both to prioritize the infrastructure investment program, as well as to look for new and diversified sources of funding to fund the high priority, core program. Historically, international donors have financed a large share of infrastructure investments, but this is likely to decline in the future.
