GMS in the News

This project delivers a high-impact and sustainable transport solution for Viet Nam while helping it meets climate goals and continue to support climate finance in the region. Photo:Vinfast

ADB Leads $135 Million Climate Financing Package to Support Electric Mobility in Viet Nam

The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Viet Nam’s efforts to achieve net-zero greenhouse gas emissions and expand high-tech manufacturing industries.

Health outreach activities (left) and Cambodian migrant workers (right) at the border gate in Thailand.

ADB Approves $32.5 Million Financing to Boost Cambodia Border Health Services

The Asian Development Bank (ADB) has approved $32.5 million in financing to improve access to quality health services in Banteay Meanchey, a border province in northwest Cambodia that serves as a hub for departing and returning migrants, and those seeking employment in the province’s special economic zones.

ADB Holds Lecture on the Establishment and Early Years of the GMS Program

In commemoration of 30 years of the Greater Mekong Subregion (GMS) program, the Asian Development Bank (ADB) hosted a "Lecture on Dividends of Peace: Lessons from the Establishment and Early Years of the GMS Program" on 25 October 2022. Former ADB Programs Department (West) Director General Noritada Morita shared his account of the history, evolution, and contributions of the GMS program.

Boosting Livelihoods in Lao People’s Democratic Republic through Better Water Infrastructure

ADB approved $36.5 million loan and grant for the Lao PDR in 2012 to improve the country’s capacity and preparedness to manage and mitigate the impacts of flood and drought through the Greater Mekong Subregion Flood and Drought Risks Management and Mitigation Project in Vientiane capital and provinces of Khammouan and Savannakhet.

The People’s Republic of China Poverty Reduction and Regional Cooperation Fund

Over the past 17 years, the PRC Fund has supported 135 applications in ADB developing members and achieved good results, and will continue to promote common prosperity and shared development by supporting poverty reduction in Asia and the Pacific, regional cooperation and integration, and knowledge sharing through technical assistance and grants.