Summary of publication
The Vietnam Private Sector Development Partnership (VPSDP) is a 5-year (2022 – 2027) partnership program between the Government of Australia (GoA), through the Department of Foreign Affairs and Trade (DFAT) and the International Finance Corporation (IFC) with total value of AUD15 million. It aims to enhance the competitiveness and diversification of the private sector, while supporting an inclusive and sustainable post- COVID-19 recovery and economic growth through advisory and services. The objectives are achieved through 4 mutually reinforcing pillars:
- Enabling Environment for the private sector
- Accelerating inclusive and climate-smart private investment in key growth sectors
- Creating a green, sustainable, and inclusive financial sector
- Enhancing Standards & Gender Inclusion
VPSDP is operationalised through a multi-donor programmatic trust fund managed by IFC. A Mid Term Review, conducted between January and March 2026, aims to (i) independently assess the VPSDP’s effectiveness and efficiency in achieving the intended EOPOs to date; and (ii) based on the summative assessment, provide recommendations for improvement, strengthen the alignment with the policy priorities of the Government of Australia (GoA) and the Government of Vietnam (GoV).
The MTR assessed activities implemented from April 2022 to December 2025, applying OECD - DAC evaluation criteria, with particular focus on relevance, coherence, effectiveness, and efficiency. Methodology included a desk review of project documents, a field mission to Vietnam and a combined of online and in-person interviews. The MTR report also presents recommendations to enhance partnership performance and to inform future phase design (if any).
Documents
Mid-term review
- Vietnam Private Sector Development Partnership (VPSDP) Mid-Term Review Report and Management Response [DOCX 2.2 MB]
- Vietnam Private Sector Development Partnership (VPSDP) Mid-Term Review Report and Management Response [PDF 2.1 MB]