Development assistance in Vietnam
Transforming Rice Value Chains for Climate Resilient Sustainable Development in the Mekong Delta (TRVC)
$17 million, 2023-28
The Transforming Rice Value Chains for Climate Resilient Sustainable Development in the Mekong Delta (TRVC) project aims to support livelihoods in Vietnam's Mekong Delta. The project uses a prize-based competition to incentivise rice value chain companies to adopt low emission rice farming practices and support small household farmers to increase their income by producing high value and low emissions rice.
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Australia-World Bank Strategic Partnership in Vietnam Phase Two (ABP2)
$50 million, 2017-26
The second phase of the Australia-World Bank Strategic Partnership in Vietnam (ABP2) aims to share knowledge and strengthen development policies and programs through policy dialogue, dissemination of analytical work and capacity building. The program focuses on six key areas: low carbon infrastructure; economic management and growth; climate resilience in the Mekong Delta; inclusion; digital transformation; and gender equality.
Related documents*
| Name of document | Year published | Type |
|---|---|---|
| Australia-World Bank Strategic Partnership (ABP) Phase 2 & The Vietnam Private Sector Development Partnership fact sheet | 2023 | Fact sheet |
| Australia-World Bank Strategic Partnership in Vietnam Phase 2 Mid-Term review report and Management response | 2019 | Mid-Term review report and management response |
Vietnam Private Sector Development Partnership (VPSDP)
$15 million, 2022-27
The Vietnam Private Sector Development Partnerships (VPSDP) is delivered by the International Finance Corporation (IFC). The program supports Vietnam achieve its development objectives sustainably by promoting private sector development, transitioning to a green economy, supporting green financing and enhancing gender inclusion.
Related documents
| Name of document | Year published | Type |
|---|---|---|
| Australia-World Bank Strategic Partnership (ABP) Phase 2 & The Vietnam Private Sector Development Partnership fact sheet | 2022 | Fact sheet |
Australia-Vietnam Energy Transition Platform (AVETP)
$20 million, 2023-27
The Australia-Vietnam Energy Transition Platform (AVETP) is a climate finance mechanism to leverage private sector investment into the net zero transition in Vietnam. Australia will support the Renewable Energy Access and Capital Markets for Climate Action funds ($17 million), as well as new opportunities in green infrastructure projects identified by InfraCo Asia and GuarantCo, through the Private Infrastructure Development Group. AVETP also includes $3 million for funds targeting small-and-medium enterprises through Australian Development Investments.
Related links:
Private Infrastructure Development Group
Northern Vietnam Humanitarian Response for Typhoon Yagi
$4 million, 2024-25
Typhoon Yagi was the most powerful storm to hit northern Vietnam in over three decades. Ongoing heavy rainfall in the northern mountainous regions led to severe flooding and landslides causing widespread destruction and loss of life. Investment supported emergency response and recovery activities in northern provinces of Vietnam.