The invention is to provide: an aqueous emulsion which is excellent in emulsion polymerization stability when produced, and is excellent in mechanical stability, freezing stability, stability to long-term standing at high temperatures, water resistance adhesive property, and redispersibility; and a redispersible resin and adhesive where the aqueous emulsion is used. The invention relates to an aqueous emulsion comprising a polyvinyl alcohol-based resin (A) comprising a 1,2-diol component in a side chain and having an average degree of polymerization of 50 to 2,500 and a polymer (B) comprising at least one unsaturated monomer selected from an ethylenically unsaturated monomer and a diene-based monomer.