More Oil Discovered in Viet Nam’s Mekong Basin
Korean firm SK Innovation has found another oil field in the Cuu Long (Mekong) Basin in southern Viet Nam.
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Railway Bridge to Connect Thai Province with Vientiane
The People’s Republic of China, Lao People’s Democratic Republic, and Thailand have agreed to build a railway bridge that will be part of a high-speed rail line connecting the three countries.
Mekong Countries Approve Health Cooperation Strategy
The Greater Mekong Subregion Health Cooperation Strategy 2019–2023 was approved by the Ministry of Health of Cambodia, Lao People's Democratic Republic, and Viet Nam; National Health Commission of People’s Republic of China; Ministry of Health and Sports of Myanmar; and Ministry of Public Health of Thailand.
Cambodia, Thailand Reopen Rail Link After 45 Years
Cambodia and Thailand reconnected their railroad networks on Monday after 45 years to facilitate cross-border trade and transport.
Kerry Logistics to Develop Dry Port in Vientiane
The Singapore subsidiary of Kerry Logistics Network Limited will develop a dry port in the capital of the Lao People’s Democratic Republic with local company Sitthi Logistics.
ASEAN Facility to Fund Critical Infrastructure in Mekong Countries
The ASEAN Infrastructure Fund has launched an “Inclusive Finance Facility” to provide concessional financing for critical infrastructure in three countries in the Greater Mekong Subregion—Cambodia, the Lao People’s Democratic Republic, and Myanmar.
A shopkeeper shows off merchandise at a market in Yangon. Strong domestic demand will offset weaker export growth in Southeast Asia. Photo: ADB.
Southeast Asia Holds Steady with Some Growth Moderation — ADB
Southeast Asia will sustain growth at close to 5% this year and next, according to a new Asian Development Bank report.
Cambodia's Growth Remains Strong, Skills Gap Needs Bridging — ADB
PHNOM PENH, CAMBODIA (3 April 2019) — Following a very strong economic performance last year, Cambodia will likely see moderate, but still robust, growth, with the economy expected to expand about 7% this year and 6.8% next year.
PRC Growth to Moderate in 2019 and 2020 amid Dimmer Global Outlook — ADB
HONG KONG, CHINA (3 April 2019) — Growth in the People’s Republic of China (PRC) is expected to moderate in the next two years as global growth slows and trade tensions with the United States weigh on trade and investment.
Lao PDR's Economic Growth Outlook to Remain Stable in 2019, 2020 — ADB
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (3 April 2019) — Economic growth in the Lao People’s Democratic Republic is expected to remain stable this year and next, supported by the expanding agriculture, energy, industry, and services sectors.
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A subregional cooperation program focused on its fundamental strengths of community, connectivity, and competitiveness while embracing the core principles of environmental sustainability and resilience, internal and external integration, and inclusivity, for building a GMS community with a bright shared future
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
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