
Asian Development Bank and Viet Nam: Fact Sheet
ADB has worked out a core pipeline of projects for 2022–2024 that uses more responsive financing modalities and considers Viet Nam’s priorities for medium- and long-term post-pandemic recovery.
ADB has worked out a core pipeline of projects for 2022–2024 that uses more responsive financing modalities and considers Viet Nam’s priorities for medium- and long-term post-pandemic recovery.
ADB supports Thailand in responding to the health, social, and economic impacts of the COVID-19 pandemic. In 2021, ADB provided $1.5 billion loan to help the country mitigate the negative economic impact of the pandemic.
ADB is one of Lao PDR's largest sources of official development assistance, with an average annual lending of $100 million over the 5 years to 2021.
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 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.
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.
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.
Cambodia, Lao People’s Democratic Republic (PDR), Myanmar, and Viet Nam (CLMV) economic ministers endorsed the CLMV Action Plan 2021-2022 focusing on (i) trade and investment cooperation, (ii) implementation of regional commitments, (iii) pandemic recovery plan, (iv) Framework for CLMV Development, and (v) human resource development.
A 24/7 automatic dispensing machine provides free rice for people out of work following the lockdown. This was spearheaded by a Vietnamese entrepreneur in Ho Chi Minh City. Photo by Reuters on Twitter.
An initiative by the Mekong Tourism Coordinating Office (MTCO), Destination Mekong, and the Mekong Institute (MI) taps individuals' help in crowdsourcing newly-spotted innovations on how the coronavirus disease (COVID-19) is being managed and/or overcome in the Greater Mekong Subregion (GMS).
Seated from left: Mr. Sok Chenda Sophea, Minister attached to the Prime Minister, Minister in charge of GMS Cooperation Program/GMS Minister, Secretary General, Council for the Development of Cambodia, and Mr. Ahmed M. Saeed, Vice President for ADB Operations in the Southeast Asia Department, the East Asia Department, and the Pacific Department at the 23rd GMS Ministerial Conference. Photo by ADB.
The Asian Development Bank (ADB) remains committed to supporting the future initiatives of the Greater Mekong Subregion (GMS) Program. Mr. Ahmed M. Saeed, Vice President of ADB, reaffirmed ADB’s support in his speech at the recently-concluded 23rd GMS Ministerial Conference (MC-23). The MC-23 was Mr.
ADB remains deeply concerned about recent developments in Myanmar and will continue to consult with shareholders and other stakeholders on any operations in the country.