Motorcycle tires being manufactured inside the Camel Rubber Vietnam Co. Ltd factory at the Lao Bao Commercial Area in Huong Hoa District, Quang Tri, Viet Nam. The tires produced by the company are sold locally and are also exported to Lao PDR, Cambodia, Thailand, European and South American countries, as well as to other countries in the ASEAN region. Photo by the Asian Development Bank.

ADB Promotes Trade and Cross-border Investment between SMEs in the GMS and India

The Asian Development Bank (ADB) approved a $3,000,000 technical assistance to support the implementation of initiatives to accelerate trade and cross-border investment between small and medium-sized enterprises (SMEs) of Cambodia, Thailand, Viet Nam—member countries of the Greater Mekong Subregion (GMS) program—and India. This ADB-administered technical assistance is financed by the United Kingdom Fund for Asia Regional Trade and Connectivity under the Regional Cooperation and Integration Financing Partnership Facility.

Projects

Seated from left: Mr. Sok Chenda Sophea, Minister attached to the Prime Minister, Minister in charge of GMS Cooperation Program/GMS Minister, Secretary General, Council for the Development of Cambodia, and Mr. Ahmed M. Saeed, Vice President for ADB Operations in the Southeast Asia Department, the East Asia Department, and the Pacific Department at the 23rd GMS Ministerial Conference. Photo by ADB.

ADB Affirms Support for Future GMS Initiatives 

The Asian Development Bank (ADB) remains committed to supporting the future initiatives of the Greater Mekong Subregion (GMS) Program. Mr. Ahmed M. Saeed, Vice President of ADB, reaffirmed ADB’s support in his speech at the recently-concluded 23rd GMS Ministerial Conference (MC-23). The MC-23 was Mr.

Events

Heads of GMS country delegations participate in the 23rd GMS Ministerial Conference. Standing from left are Mr. Vu Dai Thang, Deputy Minister, Ministry of Planning and Investment, Viet Nam; Mr. Aung Htoo, Deputy Minister, Ministry of Commerce, Myanmar; Ms. Cheng Lihua, Vice Minister, Ministry of Finance, PRC; Mr. Sok Chenda Sophea, Minister attached to the Prime Minister, Minister in charge of GMS Cooperation Program/GMS Minister, Secretary General, Council for the Development of Cambodia; Mr. Viengsavath Siphandone, Deputy Minister, Ministry of Public Works and Transport, Lao PDR; Mr. Thaworn Senneam, Deputy Minister, Ministry of Transport, Thailand; and Mr. Ahmed M. Saeed, Vice President for ADB Operations in the Southeast Asia Department, the East Asia Department, and the Pacific Department. Photo by ADB.

23rd Ministerial Conference of the Greater Mekong Subregion Economic Cooperation Program

The Royal Government of Cambodia and the Asian Development Bank (ADB) organized the 23rd GMS Ministerial Conference on 17-18 November 2019 in Phnom Penh, Cambodia, with the theme “Greater Integration, Inclusivity and Sustainability in the GMS.”  The meeting brought together GMS Ministers and Senior Officials of the six GMS countries—Cambodia, the People’s Republic of China (PRC), Lao People’s Democratic

Article

Branding Brings Economic Opportunities for Women in Southeastern Myanmar

Through the ‘Made in Mon’ branding of local handicraft, women and the poor in Southeastern Myanmar are getting gainful employment opportunities.

ADB through a grant from the Japan Fund for Poverty Reduction initiated the project by upgrading handicraft production and processing facilities, providing design, manufacturing and marketing advice.

Multimedia


Children attending school in a resettlement village near the Nanai Reservoir in Phôngsali province of the Lao People's Democratic Republic. Photo by Ariel Javellana/ Asian Development Bank

GMS Risk Communication Specialists Stress Importance of Regional Approach for Health Emergencies 

Risk communication is a critical component of countries’ effective response to health emergencies. This is why it is one of the focus areas of the Asia Pacific Strategy for Emerging Diseases (APSED), the common strategic framework for World Health Organization member countries of the Asia Pacific region to effectively detect, prepare for, and respond to threats posed by emerging infectious diseases. Risk communication helps inform decision making, encourage positive behavior change, and maintain public trust.  

Article

Phnom Penh skyline reflecting the city's rapid growth. The Central Market, built in 1937, is seen in the foreground. Photo by Lor Teng Huy - own work, CC BY-SA 4.0

GMS Ministers to Gather in Phnom Penh for the 23rd GMS Ministerial Conference

The Ministers of the six member countries of the Greater Mekong Subregion (GMS) are set to lay the groundwork for the preparation for the 7th GMS Summit of Leaders. 

Hosted by the Royal Government of Cambodia and the Asian Development Bank (ADB), the 23rd GMS Ministerial Conference (MC-23) will take place in Phnom Penh on 18 November 2019, with the theme "Greater Integration, Inclusivity and Sustainability in the GMS.”   

Articles

ADB, Ascent Capital's Equity Investment Deal to Provide Growth Capital to Private Enterprises in Myanmar

NAY PYI TAW, MYANMAR (2 January 2019) — The Asian Development Bank signed an agreement on 21 December 2018 to provide a $10 million equity investment to Ascent Myanmar Growth Fund I LP, a Myanmar-focused private equity fund, to provide much-needed capital investment for the growth and expansion of small and medium-sized enterprises operating in the Southeast Asian country.

News Releases

Director General of ADB’s Private Sector Operations Department Mr. Michael Barrow and BIDV’s Senior Executive Vice-President in charge of the Board of Management Mr. Le Ngoc Lam sign the loan agreement at a ceremony in Ha Noi. Photo: ADB.

ADB Provides $300 Million Loan to BIDV to Support SMEs in Viet Nam

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.

News Releases