Mr. Sun Chanthol, Cambodia Senior Minister and Minister of Public Works and Transport, has requested the Asian Development Bank (ADB) for further support for the development of Cambodia's cross-border facilities. Cambodia aims to ease logistics and boost transportation to expand within the Greater Mekong Subregion (GMS) and the ASEAN region.
A planned 873-kilometer China-Thailand High Speed Rail will connect Bangkok, Thailand, to Kunming city in Yunnan Province, People's Republic of China (PRC). On 29 March, transportation authorities from the Government of Thailand and construction firms from the PRC signed the construction agreement for the first phase of the railway.
Vung Ang Port (Lao-Viet International Port), a sea port in Ha Tinh, Viet Nam, that will facilitate cargo transportation from Viet Nam to Lao PDR, Thailand's northeastern region, and Viet Nam's central provinces, received its first container ship on 10 April. The shipment was transported from Tan Cang Port in Hai Phong, Viet Nam. The Vung Ang Port can accommodate cargo ships of up to 50,000 DWT (deadweight tonnage) and container ships of up to 2,000 TEU (twenty-foot equivalent unit).
Cambodia Prime Minister Hun Sen, Lao PDR Prime Minister Thongloun Sisoulith, and Viet Nam Prime Minister Nguyen Xuan Phuc held a virtual discussion on 10 March 2021. They lauded their growing relationship and agreed to further strengthen their cooperation in the fight against COVID-19 and in other sectors, including connectivity, energy, and trade and investment.
Lao PDR expressed appreciation for Cambodia’s medical supply donation to help them combat COVID-19.
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.
Southeast Asian countries can benefit from investments in green infrastructure, digital transformation, big data, and revenue mobilization through tax reform as the region recovers from the coronavirus disease (COVID-19) pandemic, said Asian Development Bank (ADB) President Masatsugu Asakawa at the second Southeast Asia Development Symposium.
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.
The first Friends of the Mekong Policy Dialogue under the new Mekong-U.S. Partnership was convened by the United States of America (USA) and Viet Nam on 12 January 2021.
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).
The 10th Cambodia, Lao PDR, Myanmar, Vietnam (CLMV) Summit, held on 9 December, emphasized enhancing effective connectivity for regional integration.