GMS in the News


Great strides were made in bringing power to the people by innovative policies, new technologies, and increased financing, but the region is unlikely to reach energy access targets by 2030. . Photo credit: ADB.

Post-Pandemic, Asia is Falling Short on Electricity Access and Switch to Renewables

Despite welcome progress on universal access to electricity, the transition to renewable energy is faltering at a time when multiple shocks are hitting Asia and the Pacific hard.


ADB's investment will fund the working capital to expand Australis' operations at Van Phong Bay in central Viet Nam and support the development of a second regional production hub in southern Viet Nam.

ADB Invests in Ocean-Based Aquaculture in Viet Nam

 The Asian Development Bank (ADB) and Australis Holdings, Inc. (Australis) signed a $15 million convertible note to promote climate-resilient, ocean-based barramundi and seaweed aquaculture in Viet Nam.


The Viet - Smart Tourist Card. Photo by Viet Nam Tourism website

GMS Countries Roll Out Various Smart Tourism and Digital Initiatives

The Greater Mekong Subregion (GMS) Economic Cooperation Program Strategic Framework 2030 (GMS-2030) emphasizes new possibilities opened by digitalization. At the recently held 51st GMS Tourism Working Group Meeting (TWG-51), GMS countries highlighted various digital initiatives they are implementing, which are helping boost their tourism markets and improve visitor management.


The High-Value Horticulture Development Project in Viet Nam scales up and transfers a successful high-value horticulture business model built on the introduction of climate-controlled greenhouse technology in tropical highlands in Asia. The business model will be replicated for vegetable production. Photo by ADB.

GMS Officials Discuss Priorities for Climate-smart Agri-food Value Chains and Green Financing

The 20th Annual Meeting of the Greater Mekong Subregion (GMS) Working Group on Agriculture (WGA) was held on 10–12 May 2023 in Siem Reap, Cambodia. The meeting underscored the need to enhance (i) subregional cooperation on green and climate resilient agri-food value chains, and (ii) green financing of small and medium agribusinesses. The meeting also confirmed four priority action points by the WGA, and discussed the planned new agriculture sector strategy.


Da Nang to Develop Its Logistics Services to Become a Key Logistics Center for Viet Nam's Central KER and the EWEC

The Da Nang People’s Committee approved a project to develop the city’s logistics services and become a logistics center by 2030 for the central key economic region (KER) and the East-West Economic Corridor (EWEC). The city also aims to become the key gateway to the EWEC and an important transport corridor link in Asia-Pacific by 2050.


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