Between April 21-22, USAID and the Vietnam Chamber of Commerce and Industry (VCCI) co-organized an in-depth Public-Private Partnership (PPP) bootcamp in Da Nang where more than 50 provincial government officials and members of the private sector received training on international best practices and their application in the Vietnam context. USAID has supported Vietnam in strengthening its PPP framework since 2019, especially with the drafting of the 2020 PPP Law. Following the bootcamp, USAID and VCCI are working to launch a virtual PPP helpdesk and an upgraded PPP portal. The curriculum developed for the bootcamp will be available online, through the portal, to a wider audience.
The PPP model is helping tackle Vietnam’s current budget constraints by securing private capital through PPP projects to meet its needs. By strengthening Vietnam’s ability to attract private investors, Vietnam is better positioned to effectively manage its public resources, ensure quality services for citizens at fair market prices, and sustainably finance its own development.