GMS in the News


ADB, Ascent Capital's Equity Investment Deal to Provide Growth Capital to Private Enterprises in Myanmar

NAY PYI TAW, MYANMAR (2 January 2019) — The Asian Development Bank signed an agreement on 21 December 2018 to provide a $10 million equity investment to Ascent Myanmar Growth Fund I LP, a Myanmar-focused private equity fund, to provide much-needed capital investment for the growth and expansion of small and medium-sized enterprises operating in the Southeast Asian country.


Implementing the Asia Pacific Strategy for Emerging Diseases and Public Health Emergencies (APSED III) in the Greater Mekong Subregion

Implementing the Asia Pacific Strategy for Emerging Diseases and Public Health Emergencies (APSED III) in the Greater Mekong Subregion

The Department of Communicable Disease Control of the Ministry of Health of Lao PDR organized the Regional Workshop on Implementing the Asia Pacific Strategy for Emerging Diseases and Public Health Emergencies (APSED III) in the Greater Mekong Subregion (GMS) on 19 to 20 November 2018 in Pakse, Champasack Province, Lao PDR (under L3465/G0516-Lao: GMS Health Security Project).


Roundtable Discussion on Regional Investment Framework for Migrant Health in the Greater Mekong Subregion

Roundtable Discussion on Regional Investment Framework for Migrant Health in the Greater Mekong Subregion

The Asian Development Bank organized the one day Roundtable Discussion on Regional Investment Framework for Migrant Health in the Greater Mekong Subregion on 5 November 2018 in Bangkok. The roundtable discussion focused on defining an operational regional investment framework and available financing solutions to innovatively address migrant health care challenges and support national and regional universal health coverage.


Director General of ADB’s Private Sector Operations Department Mr. Michael Barrow and BIDV’s Senior Executive Vice-President in charge of the Board of Management Mr. Le Ngoc Lam sign the loan agreement at a ceremony in Ha Noi. Photo: ADB.

ADB Provides $300 Million Loan to BIDV to Support SMEs in Viet Nam

HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), the country’s largest commercial bank by assets, today signed a $300 million loan agreement to support the growth and productivity of small and medium-sized enterprises in Viet Nam.


Tourism is growing rapidly in Viet Nam, but most growth and corresponding socioeconomic benefits are concentrated in a few gateway destinations, says ADB Project Administration Unit Head for Viet Nam Mr. Steven Schipani. Photo: ADB.

ADB Project to Help Boost Inclusive Tourism in Viet Nam’s Secondary Towns

HA NOI, VIET NAM (10 December 2018) — The Asian Development Bank has approved a $45 million loan to help Viet Nam transform secondary towns into more economically inclusive, competitive tourism destinations.


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