Vietnam Country Profile

Speeches Shim

Despite Vietnam’s dramatic economic transformation into a lower middle-income country in 2010, numerous development challenges threaten Vietnam’s continued economic growth and hamper its integration into the global economy. The United States aims to be a vital partner in supporting a strong, prosperous and independent Vietnam that contributes to international security, engages in free, fair and reciprocal trade, and respects human rights and the rule of law. 

In an effort to build Vietnam’s self-reliance, USAID partners to spur further growth and trade competitiveness, combat pandemic threats, promote renewable energy, address war legacy issues, and conserve Vietnam’s forests and biodiversity. 


Vietnam’s commitment to fostering inclusive growth and prosperity has drastically reduced poverty rates from nearly 60 percent of the population in the 1990s to under 5 percent in 2018. The United States, through USAID, helps solidify these gains by strengthening economic governance, improving health and higher education outcomes, and reinforcing environmental protections to ensure the sustainability of natural resources important to Vietnam’s long-term growth.

Issuing Country 
Wednesday, March 6, 2019 - 6:15pm