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 Mekong River Commission (MRC) Joint Committee endorsed ad-referendum the 10-year Basin Development Strategy. The Strategy aims to guide Mekong River Basin stakeholders in addressing environmental, social, and economic issues arising from climate change, water resource development projects, and population increase. Its endorsement paves the way for a final consideration and approval by the MRC’s council of ministers.
A press release from the Royal Government of Cambodia’s Ministry of Economy and Finance announced plans to improve facilities at border gates with Thailand and Viet Nam.
Cambodia’s border crossing points with Thailand and Vietnam are crowded with traffic of cross-border transport and tourists. The country wants to develop the necessary infrastructure to manage this traffic flow to ease cross-border transport and boost trade activities.
The Economic and Financial Policy Committee, chaired by Deputy Prime Minister Aun Pornmoniroth, approved the proposal.
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.
Viet Nam’s Ministry of Agriculture and Rural Development introduced a WebGIS (geographic information systems) map to monitor the Mekong Delta’s river banks and coastline in June 2018. The WebGIS map has currently received updated data from 13 provinces in the Mekong Delta.
The tool aims to help provide information about landslides, including length, depth, influences on the environment, and impact on residents. It can help deliver warnings and disseminate information in advance. It uses map-based data, and can include pictures and videos.
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.
Through the use of modern information technology, Can Tho is transforming itself to become Viet Nam’s first smart city in the southwestern region by 2025. By transforming itself into a smart city, Can Tho hopes to further encourage civic engagement, increase competitiveness, and improve the city’s socio-economic development.
Lao People’s Democratic Republic (PDR) and Viet Nam plan to upgrade two local border crossing points to international border crossings this year. The plan was announced during the 29th annual border meeting of the two neighboring countries on 26 December 2019 in Ha Noi, Viet Nam.
The Dak Ta-Ok (Lao PDR)–Nam Giang (Viet Nam) between Xekong (Lao PDR) and Quang Nam (Viet Nam) provinces will be the first international crossing point in Xekong. The neighboring countries plan to open this upgraded international border crossing in the first quarter of 2020.
Cambodia and Viet Nam will continue to work together to ensure bilateral trade continues amidst border control measures implemented due to the COVID-19 pandemic. While the two countries have enforced stricter travel restrictions to tourists passing through their borders, Cambodia and Viet Nam remain open to the exchange of goods.
A $37.8 million loan deal between the Asian Development Bank (ADB) and TTC Energy Development Investment Joint Stock Company (TTC Energy) will provide TTC Energy with long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant. The solar power plant and its associated facilities will be built in Tay Ninh Province in Viet Nam, and serve the electricity demand of residents and businesses of Ho Chi Minh City and its surrounding areas. This will help reduce 29,760 tons of carbon dioxide emissions by 2020.