HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank has approved a $188 million loan to improve and upgrade 198 kilometers of roads in Viet Nam’s mountainous northwest region, which has the highest poverty rate in the country.
Viet Nam’s poorer regions have started to benefit from a boom in tourism.
International visitor arrivals in the Greater Mekong Subregion went up by 13% to 59.9 million in 2017, according to the Pacific Asia Travel Association’s Annual Tourism Monitor 2018.
Myanmar is enhancing the competitiveness of Mawlamyine, Hpa-An, and Myawaddy, three towns at the western end of the East–West Economic Corridor in the Greater Mekong Subregion.
The Mekong Business Initiative, sponsored by the Australian government and the Asian Development Bank, catalyzes lending to promising small and medium enterprises.
A comprehensive grievance redress mechanism used a wide range of tools, institutions, and approaches to resolve project complaints and mitigate potential issues.
In the Lao People’s Democratic Republic, a community is creating new products without damaging the environment and empowering women in the process.
YANGON, MYANMAR (11 April 2018) — Myanmar’s economy is projected to stay on a steady growth path over the next two years, supported by economic reforms, strong global growth, and higher foreign direct investment flows, according to a new Asian Development Bank report launched today.
HA NOI, VIET NAM (26 September 2018) — Viet Nam’s economy continued to perform strongly in the first half of 2018, although external and domestic challenges could affect the country’s growth outlook for this year and next, says a new Asian Development Bank report.
MANILA, PHILIPPINES (12 December 2018) — Senior officials of the Greater Mekong Subregion will convene this week at the 10th GMS Economic Corridors Forum (ECF-10) in Nay Pyi Taw, Myanmar to discuss ways to fast-track infrastructure development and boost growth along key economic corridors connecting the subregion.
