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.
Viet Nam is a hazard-prone country. Its 3,260-kilometer coastline is regularly exposed to typhoons, floods, drought, coastal erosion, and landslides. This poses significant threats to roads, embankments, and water supply infrastructure. An estimated 97% of average annual economic losses from natural hazards is caused by flooding.
The Asian Development Bank (ADB) has approved a $100 million loan to clean up water resources and the environment of the Sayu River Basin in Yunnan Province, the People’s Republic of China (PRC).
The Sayu River Basin is an important area for ecological protection in the upper Yangtze River Basin. It is the only centralized drinking water source in Zhaotong City in Yunnan.
While tightened control by Viet Nam and the People’s Republic of China (PRC) in response to the COVID-19 epidemic may have slowed down customs procedures and trade, the two countries continue to work on easing import/export at the border through cooperation and discussions.
BANGKOK, THAILAND (28 October 2020) –The 11th The Greater Mekong Subregion (GMS) GMS Economic Corridors Forum was held today under the theme “Boosting Competitiveness, Connectivity, and Community in the GMS Economic Corridors through Focused and Integrated Spatial Development” with the Asian Development Bank (ADB), Secretariat to the GMS Economic Program. The Forum serves as a key platform that crystalizes thinking and experiences from all six member countries on spatial development with focus on successes and potential areas for developments in economic corridor connectivity, regional economic integration, and safe and sustainable community-building. The meeting yielded valuable discussions that helped pave the way for strengthening the GMS cooperation for the future.
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.
The ASEAN Economic Ministers Meeting on 4 June adopted the Hanoi Plan of Action on Strengthening ASEAN Economic Cooperation and Supply Chain Connectivity in Response to the COVID-19 Pandemic. Through the action plan, economic ministers hope to counter the impact of the coronavirus disease (COVID-19) outbreak by promoting ASEAN markets for essential goods and strengthening economic cooperation among ASEAN countries.
Cambodia and the People’s Republic of China (PRC) signed the Protocol of Phytosanitary Requirements for Fresh Mango Export on 9 June 2020. This will allow Cambodia and the PRC to work together on the phytosanitary practices of Cambodia’s mango farms to increase Cambodia’s mango export to the PRC. Cambodia can export up to 500,000 tons of high quality mangoes to the PRC per year, according to the Embassy of the PRC.