
Asian Development Bank and Viet Nam: Fact Sheet
ADB continues its support to help Viet Nam enhance climate-resilient transportation, promote sustainable urban development, improve rural connectivity, and reduce pockets of poverty in remote areas.
ADB continues its support to help Viet Nam enhance climate-resilient transportation, promote sustainable urban development, improve rural connectivity, and reduce pockets of poverty in remote areas.
This brochure outlines how ADB partners with the ASEAN to strengthen regional cooperation and integration to help drive growth, a green recovery, and inclusion.This includes support for capacity building, knowledge sharing, and policy dialogues for the B-I-G Capacity Building Program for Connectivity for Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT), and the Greater Mekong Subregion (GMS).
After a strong performance in 2022, Viet Nam’s economic growth is expected to moderate at 6.5% this year and further expand at 6.8% in 2024, according to the flagship economic publication of the Asian Development Bank (ADB) released today.
Thailand’s Ministry of Commerce’s Trade Policy and Strategy Office (TPSO) organized the CLMVT+ Forum 2021 on 24-26 August. The forum highlighted the TPSO study emphasizing the importance of achieving an even economic recovery in the GMS.
Viet Nam President Nguyen Xuan Phuc and Lao PDR President Thongloun Sisoulith pledged to continue to give the highest priority to their bilateral cooperation, and noted the need to closely coordinate in Mekong subregional cooperation mechanisms. The Viet Nam President was in Lao PDR on 9-10 August for his first official overseas visit. On 9 August, he held talks with his counterpart.
The 14th Mekong-Japan Foreign Ministers’ Meeting was held on 6 August 2021 chaired by Mr. Motegi Toshimitsu, Minister for Foreign Affairs of Japan, and attended by Foreign Ministers of the Mekong subregion. The meeting underscored that Japan will (i) continuously support mutual development through the Mekong-Japan cooperation framework, and (ii) help Mekong countries overcome the fight against COVID-19.
Lao PDR President Thongloun Sisoulith congratulated newly-elected Viet Nam President Nguyễn Xuân Phúc in a telephone conversation on 5 April. The two leaders reiterated their commitment to work closely and deepen their bilateral relations.