The $10 million loan agreement between ADB and OCB will further support trade in Viet Nam. Photo: ADB.
MANILA, PHILIPPINES (13 April 2018) — The Asian Development Bank’s Trade Finance Program and Orient Commercial Bank today signed a $10 million loan agreement to further support trade in Viet Nam.
Viet Nam is the world’s second largest coffee producer after Brazil, and it is the largest producer of Robusta coffee, which is well-suited for soluble coffee. Photo: ADB.
Singapore-based agribusiness group Olam International has secured $163 million in financing from the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA), including $80 million in loans for its coffee subsidiary in Viet Nam.
The 6th Greater Mekong Subregion Summit of Leaders issued a joint declaration, entitled "Leveraging 25 Years of Cooperation for a Sustainable, Integrated and Prosperous GMS," in Ha Noi, Viet Nam on 31 March 2018.
HA NOI, VIET NAM (31 March 2018) — Asian Development Bank President Takehiko Nakao today congratulated the six member countries at the Summit of the Greater Mekong Subregion on 25 years of successful regional cooperation. He reaffirmed ADB’s continued support to the program, with $7 billion expected over the next 5 years to help the subregion achieve inclusive growth and sustainable development.
This is the statement issued by the Joint Committee for the Cross-Border Transport Facilitation Agreement during its sixth meeting in Hanoi, Viet Nam on 15 March 2018.
For 25 years, six countries in the Greater Mekong Subregion have been promoting regional economic development. Upgrading cross-border transport networks is a key area of investment.
In Ha Noi, the leaders of the six Mekong countries are expected to formally adopt the Ha Noi Action Plan 2018–2022 and the Regional Investment Framework 2022. Photo: iStock.
Leaders of the six countries that share the Mekong River will gather in Viet Nam's capital Ha Noi for the 6th Greater Mekong Subregion (GMS) Summit on 31 March 2018.
The Stock Exchange of Thailand plans to launch a pan-Mekong board and index to tap growing investor interest in developing Mekong economies. The plan, however, is still in its early stages and has not yet reached the Securities and Exchange Commission.
Viet Nam’s poorer regions have started to benefit from a boom in tourism.
Deputy Director General of ADB's Private Sector Operations Department Christopher Thieme (left) and China Everbright CEO Wang Tianyi (right) after the signing. Photo: ADB.
HONG KONG, CHINA (2 February 2018) — The Asian Development Bank today signed a $100 million loan facility agreement with China Everbright International Limited to help a series of municipal waste-to-energy plants in primary and secondary cities in the Mekong Delta.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
