Australia reaffirms development commitment to Vietnam with increased ODA funding
VOV.VN - The Australian Government has reaffirmed its long-term commitment to supporting Vietnam’s development by increasing Official Development Assistance (ODA) funding for the 2026–2027 period, as bilateral relations continue to deepen under the Comprehensive Strategic Partnership framework.
According to the newly announced federal budget, Australia will allocate AUD98.3 million to development cooperation programs with Vietnam during 2026–2027, up from AUD96.6 million in the previous period.
Gillian Bird, Ambassador of Australia to Vietnam, said the increase in development assistance reflects Australia’s strong and enduring commitment to its partnership with Vietnam.
“In a time of global uncertainty, Australia is Vietnam’s trusted and reliable partner,” Ambassador Bird said.
“Our development program in Vietnam is supporting Vietnam’s inclusive, sustainable economic growth, and helping to build a peaceful, stable and prosperous region for us all.”
Australia has been one of Vietnam’s long-standing development partners, with total development assistance exceeding AUD3 billion since 1973. Its current development partnership is supporting Vietnam to achieve its goal of becoming a high-income country by 2045 through investments in economic growth, human resource development, climate action and gender equality and disability inclusion.
Australia’s total global ODA budget for 2026–2027 is projected to reach approximately AUD5.2 billion, representing a 2.2% increase from the 2025–2026 period. This includes an estimated AUD1.35 billion in Official Development Assistance to Southeast Asia – an increase of AUD73.6 million on the 2025-26 Budget.
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