ADB-supported Event Promotes Cross-border Trade between India and GMS Countries

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.

GMS in the News

Financing for Tech Startups

Tech startups can provide needed digital solutions that can reinvigorate economies. However, findings from Cambodia, Thailand, and Viet Nam show that tech startups rely on an array of small financing sources and that venture capital is elusive. This webinar will discuss financing sources and policy options to support impactful tech startups in the greentech, agritech, edtech, and healthtech when patient capital is in short supply.

Multimedia


Parks and scenic areas in Beijing, PRC, have taken measures to control the number of visitors and limit them to 40% of the same period of previous years. Photo by ADB.

Fourth Meeting of the GMS Urban Development Working Group

The Fourth Meeting of the Greater Mekong Subregion (GMS) Urban Development Working Group (UDWG-4) was held via web-based conferencing on 17 December 2020. Mr. Xu Jianping, Director General, Department of Regional Opening-up, National Development and Reform Commission (NDRC) of the People’s Republic of China (PRC), chaired the meeting with Mr.

Events

Southeast Asia Development Symposium (SEADS) 2021: Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery

The Asian Development Bank (ADB) and its partners will collectively zero in on strategies and policy responses that countries can adopt to lay the groundwork for post-COVID-19 recovery at the upcoming Southeast Asia Development Symposium (SEADS) Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery

GMS in the News

A garment industry worker at a regional training center in the Siem Reap city, Siem Reap province.

Industry 4.0 Could Have Transformational Impact on Skills and Jobs in Cambodia — ADB Study

Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with adequate investment in skills development for new and repositioned jobs, according to a new study by the Asian Development Bank (ADB).

News Releases

The 9th ACMECS Summit Declaration emphasized post-pandemic socio-economic recovery and preparation for future crises. Photo by OCM.

9th ACMECS Summit Declaration Focuses on Post-pandemic Recovery

Leaders of Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam adopted the Phnom Penh declaration at the 9th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit held on 9 December. The declaration emphasizes post-pandemic socio-economic recovery and preparation for future crises and challenges through public health cooperation and enhanced supply chains. ACMECS leaders stressed the importance of vaccine multilateralism to ensure equitable and safe access to coronavirus disease (COVID-19) vaccines. 

GMS in the News

The 12th Mekong-Japan Summit took place virtually on 13 November as part of the 37th ASEAN Summit and Related Summits. Photo by VNA via VNExplorer.

12th Mekong-Japan Summit Highlights How Cooperation Enhances Connectivity in the Subregion

Japan and Mekong countries convened the 12th Mekong-Japan Summit on 13 November, cochaired by Japan Prime Minister Suga Yoshihide and Viet Nam Prime Minister Nguyen Xuan Phuc. The meeting underscored Japan’s strong commitment to the Mekong subregion and reviewed progress of cooperation between Japan and Mekong countries (Cambodia, Lao People’s Democratic Republic [PDR], Thailand, Myanmar, and Viet Nam) as guided by the "Tokyo Strategy 2018." The Strategy seeks to strengthen connectivity, improve human resource development, and enhance environmental protection.

GMS in the News

Mekong Countries, Republic of Korea Convene 10th Foreign Ministers’ Meeting

The 10th Mekong-Republic of Korea (RoK) Foreign Ministers’ Meeting was held on 28 September online, with the participation of Cambodia, Lao PDR, Myanmar, Thailand, Vietnam, and the RoK. The meeting highlighted achievements in cooperation on infrastructure, information technology, education, agriculture, environmental protection, and water resources management, and adopted the action plan for 2021-2025.

GMS in the News