BANGKOK, THAILAND (28 October 2020) –The 11th The Greater Mekong Subregion (GMS) GMS Economic Corridors Forum was held today under the theme “Boosting Competitiveness, Connectivity, and Community in the GMS Economic Corridors through Focused and Integrated Spatial Development” with the Asian Development Bank (ADB), Secretariat to the GMS Economic Program. The Forum serves as a key platform that crystalizes thinking and experiences from all six member countries on spatial development with focus on successes and potential areas for developments in economic corridor connectivity, regional economic integration, and safe and sustainable community-building. The meeting yielded valuable discussions that helped pave the way for strengthening the GMS cooperation for the future.

OSAKA, JAPAN (29 June 2019) — Asian Development Bank President Takehiko Nakao today met with Viet Nam Prime Minister Nguyen Xuan Phuc on the sidelines of the G20 Leaders’ Summit in Osaka. 

BANGKOK, THAILAND (4 June 2019) — The Asian Development Bank signed an agreement with a financing package of 9.9 billion Thai baht ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of Bangkok’s mass rapid transit system.

PHNOM PENH, CAMBODIA (24 May 2019) — The Asian Development Bank has approved a $7.64 million loan to support the construction of a 100-megawatt solar power park in Cambodia, which will help the country develop renewable energy resources, diversify its energy mix, and improve the competitiveness of its economy.

PHNOM PENH, CAMBODIA (3 April 2019) — Following a very strong economic performance last year, Cambodia will likely see moderate, but still robust, growth, with the economy expected to expand about 7% this year and 6.8% next year.

HONG KONG, CHINA (3 April 2019) — Growth in the People’s Republic of China (PRC) is expected to moderate in the next two years as global growth slows and trade tensions with the United States weigh on trade and investment.

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (3 April 2019) — Economic growth in the Lao People’s Democratic Republic is expected to remain stable this year and next, supported by the expanding agriculture, energy, industry, and services sectors.

YANGON, MYANMAR (3 April 2019) — Myanmar’s economic growth is expected to pick up in 2019 and 2020, thanks to higher foreign direct investment and positive responses to the government’s economic and policy reforms.

HA NOI, VIET NAM (03 April 2019) — Viet Nam’s economy experienced another year of strong growth in 2018, although a weaker external environment could affect the country’s growth outlook for this year and next.

HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), the country’s largest commercial bank by assets, today signed a $300 million loan agreement to support the growth and productivity of small and medium-sized enterprises in Viet Nam.