News | Page 7 | Greater Mekong Subregion (GMS)

Top officials at the opening ceremony included Viet Nam Deputy Prime Minister Trinh Dinh Dung, Australian Foreign Minister Julie Bishop, Secretary of Dong Thap Provincial Party Committee Le Minh Hoan, Viet Nam Transport Minister Nguyen Van The, and Country Director Eric Sidgwick of the Asian Development Bank (ADB) in Viet Nam. Photo: ADB Viet Nam Resident Mission.

Viet Nam Opens Cao Lanh Bridge

Viet Nam officially opened the 2.4-kilometer Cao Lanh Friendship Bridge and connecting roads in Dong Thap province on 27 May. Crossing the Tien branch of the Mekong River, the bridge is expected to reduce travel time for some 170,000 road users daily.

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Setting up an environmental impact assessment system is one of the ways to minimize the potential negative impacts that large-scale investments can have on ecosystems and local communities. Photo: ADB.

Building a Country Safeguard System to Promote Sustainability

Myanmar is putting in place a national safeguards system to better balance rapid economic growth and environmental sustainability.

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Satellite data may be used to produce key agricultural statistics, including estimating crop yields. Photo: iStock.com.

Using Space Technology to Measure Rice Yield in Viet Nam

An innovative data fusion technique, which combines two freely available satellite data sources, is used to map paddy area and estimate rice yield in Thai Binh province, Viet Nam.

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IFC Invests in Myanmar’s Thilawa Bulk Terminal

International Finance Corporation is providing $15 million in long-term financing to the International Bulk Terminal (Thilawa) Company Limited to develop and operate one of the first bulk terminals in Myanmar.

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There is a need to strengthen health systems to prevent and manage climate-sensitive diseases, particularly among the most vulnerable groups such as the poor, the elderly, women, and children. Photo: ADB.

Mekong Countries Strengthen Health Resilience to Climate Change

Climate change poses threats to public health in the Greater Mekong Subregion, which is already experiencing hotter weather, longer dry seasons, and changing rainfall patterns.

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Growth in Southeast Asia is forecast steady this year and next. Photo: iStock.

Southeast Asia to Grow at a Steady 5.2%

Southeast Asia continues to benefit from the rise in global trade and the pickup in commodity prices. It is expected to maintain its 2017 growth rate of 5.2% in both 2018 and 2019, according to the Asian Development Outlook 2018.

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The $10 million loan agreement between ADB and OCB will further support trade in Viet Nam. Photo: ADB.

ADB Provides Additional Trade Support for Viet Nam

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.

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Continued Reforms Key to Myanmar's Economic Growth

YANGON, MYANMAR (11 April 2018) — Myanmar’s economy is projected to stay on a steady growth path over the next two years, supported by economic reforms, strong global growth, and higher foreign direct investment flows, according to a new Asian Development Bank report launched today.

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The Asian Development Bank projects gross domestic product growth for the People's Republic of China to continue to moderate to 6.6% in 2018 and 6.4% in 2019, following last year’s exceptional 6.9% rate. Photo: ADB.

PRC Growth to Hit 6.6% in 2018 — ADB Report

HONG KONG, CHINA (11 April 2018) — Strong consumer spending, rising exports, and steady public spending are helping the world’s second largest economy maintain its growth momentum, but tax and other structural reforms are needed in the People’s Republic of China for continued inclusive and sustainable development, according to a new report by the Asian Development Bank.

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Policies to support ease of doing business will boost entrepreneurship, deepen the integration of local businesses in the manufacturing sector, and create more and better jobs in Cambodia. Photo: ADB.

ADB Forecasts Robust Growth for Cambodia, Sees Risks to Competitiveness

PHNOM PENH, CAMBODIA (11 April 2018) — Cambodia’s economy is expected to grow at 7% in 2018 and 2019, bolstered by solid global economic growth, according to the Asian Development Bank's flagship annual economic publication, Asian Development Outlook 2018, released today.

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