The World Bank Report No: ISR15995 Implementation Status & Results Vietnam VN-Project Preparation TA Facility (P118610) Public Disclosure Copy Operation Name: VN-Project Preparation TA Facility (P118610) Project Stage: Implementation Seq.No: 7 Status: ARCHIVED Archive Date: 24-Sep-2014 Country: Vietnam Approval FY: 2010 Product Line: IBRD/IDA Region: EAST ASIA AND PACIFIC Lending Instrument: Technical Assistance Loan Implementing Agency(ies): Key Dates Board Approval Date 24-Jun-2010 Original Closing Date 31-Dec-2015 Planned Mid Term Review Date 08-Apr-2013 Last Archived ISR Date 25-Jun-2014 Effectiveness Date 13-Oct-2010 Revised Closing Date 31-Dec-2015 Actual Mid Term Review Date 15-Apr-2013 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is that Government agencies have increased capacity to plan and prepare public investments efficiently and to international quality standards. Project outcomes will include: (a) improved quality at entry, (b) shortened preparation periods and time to realize project benefits, (c) increased capacity within government agencies and the national consulting industry to produce project preparation documents of good quality, to an acceptable schedule. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Component A: Project Preparation Facility 94.70 Component B: Project Preparation Support and Capacity Building 4.70 Component C: Incremental Operating Costs and Project Management Expenses 0.60 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Substantial Substantial Implementation Status Overview Current disbursements amount to SDR 16.48 million (US$25.44 million equivalent) of the SDR 66.2 million Credit (US$102.2 million equivalent), or about 24.89 percent of the Credit Page 1 of 4 The World Bank Report No: ISR15995 proceeds. Total commitments in all three components amount to approximately US$66.6 million, and approximately US$35.6 million are unallocated. A Level 2 restructuring was approved on May 12, 2014 which will contribute towards the achievement of the project development objective. Public Disclosure Copy Locations No Location data has been entered Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target PDO Indicator Text Value n/a Date 18-May-2010 Comments The MTR recommends that a revision of the results framework with a specific inclusion of PDO indicators that would measure the overall progress towards the PDO Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Reduced Preparation Period Number Value 27.00 20.00 Date 18-Mar-2010 31-Dec-2015 Comments Reduced preparation period The MTR recommends that a for projects compared with the revision of the results situation before the Project framework with a specific facility came into existence, inclusion of Intermediate as measured byAverage time Results indicators that (months) from PCN to Board wouldmeasure the overall Public Disclosure Copy Approval. progress towards the PDO Improved Project Readiness Percentage Value 5.00 25.00 Date 18-Mar-2010 31-Dec-2015 Comments There is an increase in the The MTR recommends that a number of projects prepared revision of the results under a sub-project that have framework with a specific achieved the readiness inclusion of Intermediate criteria of completionof Results indicators that procurement ready to award Page 2 of 4 The World Bank Report No: ISR15995 contracts at time of financing wouldmeasure the overall approval for either: (i) 30% of progress towards the PDO the value of the total project costs; or (ii.) the first 18- Public Disclosure Copy months of activities Increased Disbursement Number Value 21.60 15.00 Date 18-Mar-2010 31-Dec-2015 Comments For projects prepared using The MTR recommends that a the facility, the time required revision of the results (measured in months) to framework with a specific achieve 10% disbursement is inclusion of Intermediate reduced compared with: (i) Results indicators that the situation before the facility wouldmeasure the overall came into existence; and (ii) progress towards the PDO projects prepared without accessing the facility. Data on Financial Performance (as of 30-Jun-2014) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P118610 IDA-47790 Effective 24-Jun-2010 15-Jul-2010 13-Oct-2010 31-Dec-2015 31-Dec-2015 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P118610 IDA-47790 Effective XDR 66.20 66.20 0.00 16.48 49.72 25.00 Disbursement Graph Public Disclosure Copy Page 3 of 4 The World Bank Report No: ISR15995 Public Disclosure Copy Key Decisions Regarding Implementation During the wrap- up between the World Bank and MPI on July 24, 2014, an action plan for project implementation was agreed which would clearly identify the need for any subsequent changes in the project. Restructuring History Level 2 CD Decision on 12-May-2014 Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4