GMS in the News

The ASEAN Economic Ministers Meeting on 4 June adopted the Hanoi Plan of Action on Strengthening ASEAN Economic Cooperation and Supply Chain Connectivity in Response to the COVID-19 Pandemic. Through the action plan, economic ministers hope to counter the impact of the coronavirus disease (COVID-19) outbreak by promoting ASEAN markets for essential goods and strengthening economic cooperation among ASEAN countries.  

Senior officials of the Greater Mekong Subregion (GMS) met to discuss responses to the coronavirus disease (COVID-19) in the GMS, focusing on regional approaches to promote recovery and resilience. The meeting was held via videoconferencing on 2 June 2020, with participation from all GMS countries and the Asian Development Bank (ADB).  

Trade promotion authorities from the People’s Republic of China (PRC) and Viet Nam organized a virtual conference for agro-food exporters from Viet Nam and enterprises from Yunnan, PRC, in a bid to boost Viet Nam’s agricultural and food exports. Around 23 Vietnamese agriculture, food, and beverage enterprises participated in the event to promote products suitable to the market in Yunnan province and the broader PRC. 

The conference also provided an opportunity to discuss measures to boost Viet Nam’s agricultural and food exports, and maintain trade linkages.

An initiative by the Mekong Tourism Coordinating Office (MTCO), Destination Mekong, and the Mekong Institute (MI) taps individuals' help in crowdsourcing newly-spotted innovations on how the coronavirus disease (COVID-19) is being managed and/or overcome in the Greater Mekong Subregion (GMS).

In a blog post, Mr. Arjun Goswami of the Asian Development Bank (ADB) emphasizes the importance of regional cooperation to more effectively address the transnational threat and mutual risks posed by the COVID-19 pandemic. 

Mr. Steven Beck of the Asian Development Bank (ADB) wrote in a blog post that “the COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies.” His post asked (i) how we can maintain trade flows at a time when everyone’s attention seems to be focused on tightening borders, and (ii) how we can keep goods moving when the financial systems that companies rely on are under stress. 

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.