Vietnam over the last 10-15 years has made enormous gains in poverty reduction. Most people have benefited from high economic growth rates. However, overall it is still a relatively poor country in terms of per capita income and the gap between the poorest and the majority of the population is widening. This report provides an overview on poverty and development in Vietnam. Identified are areas where the Trust can maximise impact within Vietnam. Additionally, recommendations are provided on the next steps for Programme Implementation.