Vietnam Receives 2nd Largest Amount of International Aid in Southeast Asia: Lowy Institute

Vietnam is the second largest recipient of international aid in Southeast Asia, after Indonesia.

Research from Australia’s Lowy Institute released on Monday shows that from 2015 to 2022 Southeast Asia received a total aid commitment of $380 billion, with $255 billion already disbursed, of which Vietnam received nearly 50 billion, 18% of the total aid disbursed to the region.

According to the Lowy Institute, Southeast Asia is the fastest-growing region in terms of both economy and population. It faces numerous challenges to its development, however – poverty, inequality, limited access to healthcare and education, political instability or unrest, and significant impact from natural disasters. These challenges have intensified since the COVID-19 pandemic.

(VOV)