Term of References
Vietnam – World Bank – SECO subnational Public Financial Management Project
Position: Project Coordinator
Context
Do you want to build a career that is truly worthwhile? Working with the World Bank Group provides a unique opportunity for you to help Vietnam achieve its socio-economic development objectives and improve the lives of many.
The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, please visit www.worldbank.org.
The World Bank Group is a key development partner of Vietnam both at the national level and increasingly at the subnational level supporting the emerging growth poles, such as Ho Chi Minh, Da Nang and Can Tho. Join The World Bank – SECO subnational Public Financial Management Project in these efforts.
Program
Vietnam is a unitary state in which subnational entities play an important and growing role in the country’s socio-economic development. They are now the main providers of infrastructure and public services, with subnational spending now accounting for over 55% of consolidated expenditures, 70% of total public investments, 60% of transport expenditures, 90% of education expenditures and 80% of health sector expenditures. This highlights the critical role of subnational governments in Public Financial Management.
Spending decentralization has grown more rapidly than the required PFM know-how and the overall capacity of subnational entities, which need to be strengthened. With limited revenue growth and little revenue autonomy, subnational entities need to maximize the efficiency and effectiveness of their expenditures. They also need to strengthen their revenue base, unlock the value of public assets, and minimize borrowing costs while ensuring that debt and debt risks are properly managed.
The Sub-national PFM technical assistance program supported by the World Bank and the Swiss cooperation SECO will support the PFM strengthening of the cities of Da Nang and Can Tho, two emerging growth poles in Vietnam. While the City of Da Nang is Vietnam’s 5th largest city and a growing economic hub in the country’s central region, the City of Can Tho is the key gateway to the Mekong Delta (with its 13 provinces) in the South of Vietnam. Over the past five years, both cities have been national growth champions with an average GDP growth of 8.5% and committed to reforms.
The development objective of the program is to support Da Nang and Can Tho Cities in strengthening their institutions and capacity to mobilize and utilize financial resources in a more effective, efficient, accountable, and sustainable manner. The five-year program (2010 – 2025) includes the following analytical and advisory assistance activities to support the local governments of:
Duties and Accountabilities of the candidate:
The Project Coordinator will work directly with the World Bank Group and contribute to the implementation of the Subnational public financial management project in Vietnam. More specifically, the responsibilities include:
Selection Criteria
Behavioral Competencies
The initial contract will be 150 days. Subject to satisfactory performance and business continuity, the contract will be extended.
If this is you, apply by November 11th, 2020 by sending your CV and a cover letter explaining why you are a good fit for this position with at least 3 references of previous employers/ supervisors to: [email protected].
Suitable candidates will be contacted for an interview.