Aus4Innovation

$31.5 million, 2018-28

Aus4Innovation is contributing to Vietnam s innovation system for an inclusive, sustainable socio-economic development. Aus4Innovation has four end of program outcomes:

1. Enhanced capacity for institutional, and policy and regulatory reform in targeted Ministries that enables inclusive innovation
2. Improved ability of targeted innovation ecosystems in the selected sector to continuously respond to an evolving context
3. Inclusive national and regional innovation support mechanisms connect people, ideas, investment and resources to respond to innovation opportunities and challenges
4. Sustainable, mutually beneficial partnerships that strengthen Australia and Vietnam innovation systems.

The key partners of this investment are the Ministry of Science and Technology and several agencies under the Ministry of Agriculture and Rural Development. The investment is implemented by the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

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Aus4Innovation website

Australia-Vietnam Partnership for Economic Growth (Aus4Growth)

$90 million, 2024-31

The Australia-Vietnam Partnership for Economic Growth (Aus4Growth) aims to close gaps in Vietnam's policy and practice to support enhanced economic growth, trade and investment, clean energy and transport, inclusion, and digital acceleration. 
Aus4Growth supports implementation of the Australia-Vietnam Enhanced Economic Engagement Strategy and Comprehensive Strategic Partnership.  The program will deliver four end of program outcomes:

1. Vietnam strengthens targeted economic, trade and investment policies and their implementation to enhance productivity and competitiveness in a global economy.
2. Vietnam strengthens targeted energy and transport sector policies, regulations and plans and their implementation in response to climate change and the 2050 net zero emissions target.
3. Women, people with disability and low-income groups gain increased access to economic resources, skills, opportunities and benefits.
4. Vietnam strengthens targeted digital transformation policies, regulations and plans and their implementation to enhance the digital economy and digital adoption.

Aus4Growth is managed by the Boston Consulting Group on behalf of the Australian Government.

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.

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Vietnam Private Sector Development Partnership (VPSDP)

$15 million, 2022-27

Vietnam Private Sector Development Partnerships (VPSDP) is delivered by the International Finance Corporation (IFC). The program supports Vietnam to achieve its development objectives sustainably by promoting private sector development, transitioning to a green economy, supporting green financing and enhancing gender inclusion.

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