Australia Grants AU$150 Million to Vietnam

The Australian Government will provide an estimated AU$150.4 million (VND3.2 trillion) in official development assistance (ODA) to Vietnam in the fiscal year 2012 - 2013, making Vietnam the fifth largest bilateral recipient of Australia’s development assistance.

 

Australian Ambassador to Vietnam Allaster Cox said “Australia is committed to assisting Vietnam to alleviate poverty and achieve sustainable development, as demonstrated by the AU$12.5 million increase in funding in 2012-2013.” Australian aid programme in Vietnam, which is managed by the Australian Agency for International Development (AusAID), is focused on five priority areas.

 

In 2012-2013, Australia will continue to assist Vietnam to improve access to essential infrastructure services such as water supply and sanitation. Its aid will also support perfecting the design for Cao Lanh Bridge to improve traffic connectivity in the centre of Mekong Delta.