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Viet Nam Opens Cao Lanh Bridge

Viet Nam Opens Cao Lanh Bridge

Viet Nam officially opened the 2.4-kilometer Cao Lanh Friendship Bridge and connecting roads in Dong Thap province on 27 May. Crossing the Tien branch of the Mekong River, the bridge is expected to reduce travel time for some 170,000 road users daily.

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IFC Invests in Myanmar’s Thilawa Bulk Terminal

IFC Invests in Myanmar’s Thilawa Bulk Terminal

International Finance Corporation is providing $15 million in long-term financing to the International Bulk Terminal (Thilawa) Company Limited to develop and operate one of the first bulk terminals in Myanmar. 

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Southeast Asia to Grow at a Steady 5.2%

Southeast Asia to Grow at a Steady 5.2%

Southeast Asia continues to benefit from the rise in global trade and the pickup in commodity prices. It is expected to maintain its 2017 growth rate of 5.2% in both 2018 and 2019, according to the Asian Development Outlook 2018.

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ADB Provides Additional Trade Support for Viet Nam

ADB Provides Additional Trade Support for Viet Nam

MANILA, PHILIPPINES (13 April 2018) — The Asian Development Bank’s Trade Finance Program and Orient Commercial Bank today signed a $10 million loan agreement to further support trade in Viet Nam.

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Continued Reforms Key to Myanmar's Economic Growth

Continued Reforms Key to Myanmar's Economic Growth

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.

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