The World Bank’s assistance program of foreign aid to Vietnam has three objectives: to support Vietnam’s transition to a market economy, to enhance equitable and sustainable development, and to promote good governance. From 1993 through 2004, Vietnam received pledges of US$29 billion of Official Development Assistance (ODA), of which about US$14 billion, or 49 percent, has been disbursed. In 2004 international donors pledged ODA of US$2.25 billion, of which US$1.65 billion was disbursed. Three donors accounted for 80 percent of disbursements in 2004: Japan, the World Bank, and the Asian Development Bank. During the period 2006–10, Vietnam hopes to receive US$14 billion–US$15 billion of ODA.
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“So the gentle poet’s name
To foreign parts is blown by fame;
Seek him in his native town,
He is hidden and unknown.”
—Ralph Waldo Emerson (1803–1882)
“Frustrate a Frenchman, he will drink himself to death; an Irishman, he will die of angry hypertension; a Dane, he will shoot himself; an American, he will get drunk, shoot you, then establish a million dollar aid program for your relatives. Then he will die of an ulcer.”
—Stanley Rudin. The New York Times (August 22, 1963)
“Above all, Vietnam was a war that asked everything of a few and nothing of most in America.”
—Myra MacPherson, U.S. author. Long Time Passing: Vietnam and the Haunted Generation, epilogue (1984)