While tightened control by Viet Nam and the People’s Republic of China (PRC) in response to the COVID-19 epidemic may have slowed down customs procedures and trade, the two countries continue to work on easing import/export at the border through cooperation and discussions.
Viet Nam is a hazard-prone country. Its 3,260-kilometer coastline is regularly exposed to typhoons, floods, drought, coastal erosion, and landslides. This poses significant threats to roads, embankments, and water supply infrastructure. An estimated 97% of average annual economic losses from natural hazards is caused by flooding.
Agriculture accounts for more than half the workforce in most ADB developing member countries. In the Greater Mekong Subregion, agriculture forms the backbone of its countries’ economies, directly supporting the livelihoods of nearly 200 million people with over 60% of the subregion’s 340 million inhabitants engaged in small-scale agriculture.
A pilot project has developed night markets in selected border towns in the Greater Mekong Subregion (GMS) to take advantage of the economic opportunities opened by infrastructure projects in the area.
A pilot project in the Greater Mekong Subregion explored the use of satellite technology to improve the collection of paddy rice statistics to support better policymaking.
HA NOI, VIET NAM (27 November 2018) — The Asian Development Bank has approved over $100 million in financing to help the Government of Viet Nam install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops such as coffee, peppers, grapes, dragon fruits, and mangoes.
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.
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.
HA NOI, VIET NAM (20 September 2017) — Ministers from the six member countries of the Greater Mekong Subregion today endorsed a five-year action plan framework that includes $64 billion in projects to help the subregion achieve inclusive growth and sustainable development.