his brief summarizes the findings of policy advice prepared by ADB for the Viet Nam Ministry of Finance to support improvements in the efficiency of national railway and urban metro asset management.

ADB, through its Improving Public Expenditure Quality Program, has provided policy and technical assistance to address critical public financial management weaknesses, increase the efficiency of public expenditure, and improve infrastructure and services for Viet Nam since 2014.

Key reform priorities of the program are to (i) establish a detailed railway asset management system, (ii) strengthen the financial performance of railway operators, and (iii) coordinate the operation and maintenance of Ho Chi Minh City and Ha Noi metro lines.