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Forest Sector Modernization and Coastal Resilience Enhancement Project

Abstract*

The development objective of the Forest Sector Modernization and Coastal Resilience Enhancement Project for Vietnam is to improve coastal forest management in the Project Provinces. The project has three technical components in addition to a fourth component on project management, monitoring, and evaluation. The first component modernizes the technical know how and approaches used for planning, supplying seedlings, and financing coastal protection...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objective is to improve coastal forest management in the Project Provinces.

Key Details

Project Details

  • P157127

  • Closed

  • Mizushi Satoh , Dinesh Aryal

  • Socialist Republic of Viet Nam

  • Viet Nam

  • September 20, 2016

  • (as of board presentation)

    June 22, 2017

  • March 29, 2019

  • US$ 180.00 million

  • Ministry of Agriculture and Rural Development

  • East Asia and Pacific

  • 2017

  • US$ 150.00 million

  • B

  • July 16, 2024

  • December 31, 2023

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 30.00
IDA Credit 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 150.00
IBRD + IDA Commitment 150.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 180.00

Summary Status of World Bank Financing (US$ Millions) as of January 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of January 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 28, 2024 IDA-60790 Loan Disb -1,033.55
Apr 16, 2024 IDA-60790 Loan Disb -89,546.41
Jun 30, 2024 IDA-60790 Loan Cancel 13,495,281.00
Jun 22, 2017 IDA-60790 Loan Commitment 150,000,000.00
May 19, 2023 IDA-60790 Loan Disb 652,000.00
May 19, 2023 IDA-60790 Loan Disb 929,569.40
May 25, 2023 IDA-60790 Loan Disb 974,721.00
Dec 22, 2023 IDA-60790 Loan Disb 245,219.02
Dec 26, 2023 IDA-60790 Loan Disb 1,528,128.40
Dec 6, 2023 IDA-60790 Loan Disb 193,589.98
Dec 20, 2023 IDA-60790 Loan Disb 100,000.00
Nov 16, 2023 IDA-60790 Loan Disb 145,861.00
Nov 1, 2023 IDA-60790 Int Charges 52,029.72
Nov 1, 2023 IDA-60790 Loan Repay 4,730,433.00
Nov 1, 2023 IDA-60790 Int Charges 110,228.35
Nov 1, 2023 IDA-60790 Int Charges 110,228.35
Nov 1, 2023 IDA-60790 Int Charges 183,713.95
Dec 4, 2023 IDA-60790 Loan Disb 1,155,840.00
Dec 28, 2023 IDA-60790 Loan Disb 1,336,391.90
Dec 14, 2023 IDA-60790 Loan Disb 19,000.00
Dec 20, 2023 IDA-60790 Loan Cancel 80,360,744.00
Sep 28, 2023 IDA-60790 Loan Disb 275,870.00
Sep 28, 2023 IDA-60790 Loan Disb 500,000.00
Nov 3, 2023 IDA-60790 Loan Disb 70,833.00
Nov 21, 2023 IDA-60790 Loan Disb 1,424,967.50
Mar 29, 2024 IDA-60790 Loan Disb -256,190.02
Mar 28, 2024 IDA-60790 Loan Disb -298,639.94
Apr 2, 2024 IDA-60790 Loan Disb -568,028.56
Apr 3, 2024 IDA-60790 Loan Disb -39,102.99
May 1, 2024 IDA-60790 Loan Repay 1,784,220.80
May 1, 2024 IDA-60790 Int Charges 137,763.90
May 1, 2024 IDA-60790 Int Charges 229,606.55
May 1, 2024 IDA-60790 Int Charges 137,763.90
May 1, 2024 IDA-60790 Loan Repay 72,189.71
Apr 23, 2024 IDA-60790 Loan Disb -34,498.46
Apr 4, 2024 IDA-60790 Loan Disb -53,241.56
Sep 14, 2022 IDA-60790 Loan Disb 480,172.00
Aug 3, 2022 IDA-60790 Loan Disb 45,562.01
Aug 4, 2022 IDA-60790 Loan Disb 715,562.70
Jan 18, 2022 IDA-60790 Loan Disb 1,557,797.40
Dec 27, 2021 IDA-60790 Loan Disb 636,654.75
Jan 25, 2022 IDA-60790 Loan Disb 506,877.90
Jan 13, 2022 IDA-60790 Loan Disb 305,070.44
Dec 28, 2021 IDA-60790 Loan Disb 107,389.99
Jan 28, 2022 IDA-60790 Loan Disb 45,241.00
Jan 27, 2022 IDA-60790 Loan Disb 209,740.64
Mar 1, 2022 IDA-60790 Loan Disb 345,803.00
Aug 29, 2022 IDA-60790 Loan Disb 756,094.10
Jan 7, 2022 IDA-60790 Loan Disb 1,000,000.00
Aug 30, 2022 IDA-60790 Loan Disb 114,000.00
Dec 23, 2022 IDA-60790 Loan Disb 367,651.00
Dec 23, 2022 IDA-60790 Loan Disb 1,539,060.50
Nov 23, 2022 IDA-60790 Loan Disb 57,885.00
Dec 23, 2021 IDA-60790 Loan Disb 186,268.00
Sep 23, 2022 IDA-60790 Loan Disb 115,143.00
Nov 1, 2022 IDA-60790 Loan Disb 1,147,356.60
Sep 6, 2022 IDA-60790 Loan Disb 544,600.00
Oct 17, 2022 IDA-60790 Loan Disb 116,420.99
Dec 5, 2022 IDA-60790 Loan Disb 591,915.00
Jan 9, 2023 IDA-60790 Loan Disb 946,800.00
Nov 1, 2022 IDA-60790 Int Charges 46,381.78
Nov 1, 2022 IDA-60790 Int Charges 46,381.78
Nov 1, 2022 IDA-60790 Int Charges 77,303.02
Nov 1, 2022 IDA-60790 Loan Repay 4,645,913.00
Nov 3, 2022 IDA-60790 Loan Disb 480,800.00
Nov 1, 2022 IDA-60790 Int Charges 439.85
Sep 12, 2022 IDA-60790 Loan Disb 919,108.20
Dec 16, 2022 IDA-60790 Loan Disb 294,736.00
Sep 19, 2022 IDA-60790 Loan Disb 154,000.00
May 1, 2021 IDA-60790 Int Charges 312.23
May 1, 2021 IDA-60790 Int Charges 4,138.62
May 1, 2021 IDA-60790 Int Charges 4,138.62
May 1, 2021 IDA-60790 Int Charges 6,763.02
Apr 29, 2021 IDA-60790 Loan Disb 50,000.00
Apr 29, 2021 IDA-60790 Loan Disb 1,214,099.00
Jun 25, 2021 IDA-60790 Loan Disb 39,130.00
Jun 25, 2021 IDA-60790 Loan Disb 17,861.00
Jul 16, 2021 IDA-60790 Loan Disb 500,000.00
Nov 1, 2021 IDA-60790 Int Charges 132.31
Nov 1, 2021 IDA-60790 Int Charges 10,388.71
Nov 1, 2021 IDA-60790 Int Charges 10,388.71
Nov 1, 2021 IDA-60790 Int Charges 17,314.53
Nov 18, 2021 IDA-60790 Loan Disb 220,000.00
Nov 3, 2021 IDA-60790 Loan Disb 48,644.01
May 19, 2022 IDA-60790 Loan Disb 504,239.00
Aug 17, 2021 IDA-60790 Loan Disb 56,823.15
May 31, 2022 IDA-60790 Loan Disb 568,418.60
May 1, 2022 IDA-60790 Int Charges 22,838.50
May 1, 2022 IDA-60790 Int Charges 22,838.50
May 1, 2022 IDA-60790 Int Charges 38,012.64
May 1, 2022 IDA-60790 Int Charges 245.05
May 1, 2022 IDA-60790 Int Charges 245.05
May 9, 2022 IDA-60790 Loan Disb 266,549.00
Jul 7, 2022 IDA-60790 Loan Disb 268,760.00
May 24, 2022 IDA-60790 Loan Disb 500,000.00
Dec 10, 2021 IDA-60790 Loan Disb 13,130.00
May 1, 2020 IDA-60790 Loan Disb 199,999.98
Oct 23, 2020 IDA-60790 Loan Disb 553,451.00
Nov 1, 2020 IDA-60790 Int Charges 894.84
Nov 1, 2020 IDA-60790 Int Charges 894.84
Nov 1, 2020 IDA-60790 Int Charges 1,184.44
Oct 22, 2020 IDA-60790 Loan Disb 160,242.55
Dec 29, 2020 IDA-60790 Loan Disb 48,680.00
Dec 29, 2020 IDA-60790 Loan Disb 77,747.06
Jan 27, 2021 IDA-60790 Loan Disb 56,400.00
Dec 10, 2020 IDA-60790 Loan Disb 54,840.00
May 25, 2021 IDA-60790 Loan Disb 26,740.00
May 18, 2021 IDA-60790 Loan Disb 7,892.99
Jan 10, 2023 IDA-60790 Loan Disb 150,205.98
Jan 10, 2023 IDA-60790 Loan Disb 280,545.88
Jan 10, 2023 IDA-60790 Loan Disb 1,604,183.20
Dec 9, 2022 IDA-60790 Loan Disb 664,671.00
Dec 12, 2022 IDA-60790 Loan Disb 500,000.00
Apr 28, 2023 IDA-60790 Loan Disb 672,900.00
Jan 18, 2023 IDA-60790 Loan Disb 493,868.75
Jan 13, 2023 IDA-60790 Loan Disb 500,000.00
Jan 13, 2023 IDA-60790 Loan Disb 1,520,764.00
Apr 14, 2023 IDA-60790 Loan Disb 109,678.00
Apr 25, 2023 IDA-60790 Loan Disb 590,258.00
Mar 7, 2023 IDA-60790 Loan Disb 427,968.00
May 4, 2023 IDA-60790 Loan Disb 1,446,805.00
Feb 28, 2023 IDA-60790 Loan Disb 38,700.00
May 1, 2023 IDA-60790 Loan Repay 4,815,831.00
May 1, 2023 IDA-60790 Int Charges 73,308.33
May 1, 2023 IDA-60790 Int Charges 73,308.33
May 1, 2023 IDA-60790 Int Charges 68,617.86
May 1, 2023 IDA-60790 Loan Repay 53,974.43
Jul 20, 2023 IDA-60790 Loan Disb 1,000,000.00
Aug 15, 2023 IDA-60790 Loan Disb 958,550.00
Aug 9, 2023 IDA-60790 Loan Disb 1,448,459.00
Sep 19, 2023 IDA-60790 Loan Disb 469,819.16
Sep 22, 2023 IDA-60790 Loan Disb 940,220.00
Sep 14, 2023 IDA-60790 Loan Disb 793,000.00
May 30, 2023 IDA-60790 Loan Disb 350,410.00
May 30, 2023 IDA-60790 Loan Disb 2,901,439.00
Sep 21, 2023 IDA-60790 Loan Disb 1,000,000.00
Jun 29, 2023 IDA-60790 Loan Disb 523,000.00
Jul 6, 2023 IDA-60790 Loan Disb 343,500.00
Nov 29, 2023 IDA-60790 Loan Disb 1,255,640.00
Jun 23, 2023 IDA-60790 Loan Disb 647,447.44
Jun 23, 2023 IDA-60790 Loan Disb 954,900.00
Apr 6, 2022 IDA-60790 Loan Disb 505,348.03
Dec 15, 2021 IDA-60790 Loan Disb 40,000.01
May 18, 2022 IDA-60790 Loan Disb 640,792.25
Apr 11, 2022 IDA-60790 Loan Disb 510,019.00
Apr 11, 2022 IDA-60790 Loan Disb 27,622.00
Apr 5, 2022 IDA-60790 Loan Disb 202,207.00
Dec 29, 2021 IDA-60790 Loan Disb 122,497.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Unsatisfactory 2024-05-17
Financial Management Moderately Unsatisfactory 2024-05-17
Overall Implementation Progress (IP) Unsatisfactory 2024-05-17
Progress towards achievement of PDO Unsatisfactory 2024-05-17
Procurement Moderately Satisfactory 2024-05-17
Monitoring and Evaluation Moderately Unsatisfactory 2024-05-17
Counterpart Funding Moderately Satisfactory 2024-05-17

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-21-2024
OutcomesUnsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-28-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • 1. Area of coastal forest restored and managed according to agreed criteria*Value0.0050000.004150.00
    DateMay 31, 2017December 31, 2023December 31, 2023
    Comment
  • 2. Coastal protection forests, in project area, under management/protection of local communities (groups/individual households) **Value0.0035000.000.00
    DateMarch 21, 2017December 31, 2023December 31, 2023
    Comment
  • 3.Share of target beneficiaries with rating ‘Satisfactory’ or above on project interventions (percentage, disaggregated by gender)Value0.0080.000.00
    DateMarch 21, 2017December 31, 2023
    Comment
  • FemaleValue0.000.000.00
    DateMarch 21, 2017August 30, 2017
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • 1.1 Number of seedlings producers with improved quality seedling supply capacity as the result of the project interventionValue0.0020.0010.00
    DateMarch 21, 2017December 31, 2023December 31, 2023
    Comment
  • 2.1 Area of coastal forest planted and rehabilitated under the project (ha)*Value0.007800.004150.00
    DateMarch 21, 2017December 31, 2023December 31, 2023
    Comment
  • 3.1 Community investment packages that have achieved the investment proposal objectives**Value0.0080.000.00
    DateMarch 21, 2017December 31, 2023
    Comment
  • 1.2. PFES tools developed under the project utilized by MARD to implement PFES pilot (Yes/No)ValueNoYesNo
    DateMarch 21, 2017December 31, 2023
    Comment
  • 2.2 Share of native species seedlings used in the annual total seedlings delivered under the projectValue5.0020.0020.00
    DateMarch 21, 2017December 31, 2023
    Comment
  • 3.2 Beneficiaries from the project supported packages (number, disaggregated by gender)Value0.0025000.007500.00
    DateMarch 21, 2017December 31, 2023December 31, 2023
    Comment
  • 2.3 Communities/ household groups involved in community-based management/protection of coastal protection forests**Value0.00350.000.00
    DateMarch 21, 2017December 31, 2023December 31, 2023
    Comment
  • FemaleValue0.0010000.003000.00
    DateMarch 21, 2017December 31, 2023December 31, 2023
    Comment
  • 3.3 Rural productive infrastructure supported by the project with cost-sharing arrangement (percentage)Value0.0080.000.00
    DateMarch 21, 2017December 31, 2023
    Comment