GMS Contents

Thirty-nine government officials and specialists joined this year’s Regional Training in Project Management organized by the Asian Development Bank (ADB) in Bangkok from 5 to 9 May. The training program is designed to support the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA), Indonesia–Malaysia–Thailand Growth Triangle (IMT-GT), and the Greater Mekong Subregion (GMS) in project planning and implementation. It fosters a results-based project management approach that aligns projects to sector strategies.

In his remarks at the 20th China-ASEAN Expo and China-ASEAN Business and Investment Summit, Viet Nam Prime Minister Phạm Minh Chính remarked that the country is eyeing to become a key transit hub and a crucial supply chain link for commerce between ASEAN nations and the People’s Republic of China (PRC).

Construction work on the 5th Lao-Thai Friendship Bridge has surpassed 72% completion, and is expected to be completely finished by the end of 2024. The bridge will connect Paksan, Bolikhamsai Province (Lao PDR) to Bueng Kan Province (Thailand) across the Mekong River. The bridge is set to further boost connectivity in the GMS.

The Asian Economic Integration Report 2023 highlights the continued growth of integration in subregional initiatives and programs in Southeast Asia, including both in the GMS and the ASEAN, from 2006 to 2020.

The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) for Viet Nam covering the period 2023–2026. The strategy will help promote inclusive, green, and private sector-led development in Viet Nam and build a foundation for the country to achieve its goal of becoming upper middle-income by 2030.