Thailand’s Ministry of Commerce’s Trade Policy and Strategy Office (TPSO) organized the CLMVT+ Forum 2021 on 24-26 August. The forum highlighted the TPSO study emphasizing the importance of achieving an even economic recovery in the GMS.
Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.
The Governments of Lao People’s Democratic Republic and Viet Nam inaugurated the Dakta Ok (Se Kong, Lao PDR) – Nam Giang (Quang Nam, Viet Nam) border gates on 14 August 2021, which were upgraded to international status this year. This new international cross-border point is expected to further boost bilateral trade, investment, and tourism, and promote opportunities for cooperation between Viet Nam’s central key economic zone and Lao PDR’s south-central region, as well as Thailand’s southeast region.
Meeting photo via Viet Nam Plus
The second Mekong-U.S. Partnership Ministerial Meeting held on 2 August 2021 unveiled four flagship projects under the Mekong-U.S. Partnership, and noted the 8.5 million vaccine doses and over $58 million in U.S. COVID-19 assistance to the Mekong subregion countries.
First container ship received at Vung Ang Port (Lao-Viet International Port). Photo by Nhan Dan Newspaper via Viet Nam Times
Vung Ang Port (Lao-Viet International Port), a sea port in Ha Tinh, Viet Nam, that will facilitate cargo transportation from Viet Nam to Lao PDR, Thailand's northeastern region, and Viet Nam's central provinces, received its first container ship on 10 April. The shipment was transported from Tan Cang Port in Hai Phong, Viet Nam. The Vung Ang Port can accommodate cargo ships of up to 50,000 DWT (deadweight tonnage) and container ships of up to 2,000 TEU (twenty-foot equivalent unit).
Cambodia Prime Minister Hun Sen, Lao PDR Prime Minister Thongloun Sisoulith, and Viet Nam Prime Minister Nguyen Xuan Phuc held a virtual discussion on 10 March 2021. They lauded their growing relationship and agreed to further strengthen their cooperation in the fight against COVID-19 and in other sectors, including connectivity, energy, and trade and investment.
Lao PDR expressed appreciation for Cambodia’s medical supply donation to help them combat COVID-19.
This publication provides an analysis of key challenges and opportunities for the Greater Mekong Subregion (GMS) to realize its development goals by 2030 and beyond.
The Governments of Lao PDR and Viet Nam will upgrade the Dakta-ok-Nam Giang border crossing between Sekong (Lao PDR) and Quang Nam (Viet Nam) provinces to international status, with the Sekong province opening its first international border crossing on 24 March. This upgrade will further ease the movement of goods and people between the two countries, and shorten the distance between Thailand and Viet Nam via the southern Lao PDR route by more than 100 kilometres.
The Joint Declaration adopted at the 11th CLV Summit provides a foundation for the socio-economic development plan until 2030. Photo by VNA.
Cambodia, Lao PDR, and Viet Nam (CLV) Leaders expressed their firm commitment to strengthen the CLV Development Triangle Area (DTA) in order to accelerate economic growth, alleviate poverty, and promote socio-cultural progress in the subregion. At the 11th CLV Summit held online on 9 December, they adopted a Joint Declaration that provides a foundation for the subregion’s socio-economic development plan until 2030 and the Tourism Development Plan. They also adopted the Development Plan for Sustainable Rubber Industry.
Viet Nam Prime Minister Nguyen Xuan Phuc holds talks with his Lao PDR Prime Minister Thongloun Sisoulith. Photo by VGP via Nhandan.
Lao People's Democratic Republic (PDR) Prime Minister Thongloun Sisoulith and Viet Nam Prime Minister Nguyen Xuan Phuc held a phone conversation to discuss bilateral ties and regional cooperation. Noting that Lao PDR and Viet Nam have managed the COVID-19 pandemic well, they highlighted the need to further facilitate cargo and passenger movement between their countries, and to soon reach consensus on plans to reopen mainland border gates and resume commercial flights.
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
