The Asian Development Bank (ADB) approved a $20 million loan to support the Lao People’s Democratic Republic’s (Lao PDR) response to the novel coronavirus disease (COVID-19) pandemic on 25 May 2020.
While tightened control by Viet Nam and the People’s Republic of China (PRC) in response to the COVID-19 epidemic may have slowed down customs procedures and trade, the two countries continue to work on easing import/export at the border through cooperation and discussions.
Limited resources did not stop Viet Nam from implementing a quick and effective response against the COVID-19 pandemic. As countries all over the world work to overcome the novel coronavirus outbreak, Viet Nam, a country with a population of 95 million, boasts a remarkably low infection rate of only 271 total confirmed cases and no deaths, according to the World Health Organization situational report (as of 5 May 2020).
As the region works to overcome the ongoing COVID-19 pandemic, the Asian Development Bank (ADB) through the GMS Health Security Project is supporting reinforcement of public health security and readiness of health systems in Cambodia, the Lao People’s Democratic Republic (PDR), Myanmar, and Viet Nam, to face the threats of COVID-19.
In a blog post, Mr. Arjun Goswami of the Asian Development Bank (ADB) emphasizes the importance of regional cooperation to more effectively address the transnational threat and mutual risks posed by the COVID-19 pandemic.
Mr. Steven Beck of the Asian Development Bank (ADB) wrote in a blog post that “the COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies.” His post asked (i) how we can maintain trade flows at a time when everyone’s attention seems to be focused on tightening borders, and (ii) how we can keep goods moving when the financial systems that companies rely on are under stress.
The Asian Development Bank (ADB) will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
The Asian Development Bank (ADB) is ready to provide Viet Nam with timely and flexible support for the government’s response to the novel coronavirus (COVID-19) pandemic.
The Third Meeting of the Greater Mekong Subregion (GMS) Working Group on Health Cooperation, jointly organized by the Ministry of Public Health of Thailand and the Asian Development Bank (ADB), was held on 12–13 December in Bangkok, Thailand.
The Asian Development Bank (ADB) today approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).
The funds will supplement an ongoing regional technical assistance and strengthen response capacity in Cambodia, the People's Republic of China, the Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam.