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Cambodia, Lao PDR, Viet Nam Leaders Vow to Boost Cooperation against COVID-19 and Strengthen Trade

Cambodia, Lao PDR, Viet Nam Leaders Vow to Boost Cooperation against COVID-19 and Strengthen Trade

Cambodia Prime Minister Hun Sen, Lao PDR Prime Minister Thongloun Sisoulith, and Viet Nam Prime Minister Nguyen Xuan Phuc held a virtual discussion on 10 March 2021. They lauded their growing relationship and agreed to further strengthen their cooperation in the fight against COVID-19 and in other sectors, including connectivity, energy, and trade and investment.  

Lao PDR expressed appreciation for Cambodia’s medical supply donation to help them combat COVID-19.  

Financing for Tech Startups

Financing for Tech Startups

Tech startups can provide needed digital solutions that can reinvigorate economies. However, findings from Cambodia, Thailand, and Viet Nam show that tech startups rely on an array of small financing sources and that venture capital is elusive. This webinar will discuss financing sources and policy options to support impactful tech startups in the greentech, agritech, edtech, and healthtech when patient capital is in short supply.

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Green Investments, Revenue Mobilization, Big Data Key to Southeast Asia’s COVID-19 Economic Recovery

Green Investments, Revenue Mobilization, Big Data Key to Southeast Asia’s COVID-19 Economic Recovery

Southeast Asian countries can benefit from investments in green infrastructure, digital transformation, big data, and revenue mobilization through tax reform as the region recovers from the coronavirus disease (COVID-19) pandemic, said Asian Development Bank (ADB) President Masatsugu Asakawa at the second Southeast Asia Development Symposium.

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Southeast Asia Development Symposium (SEADS) 2021: Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery

Southeast Asia Development Symposium (SEADS) 2021: Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery

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

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Industry 4.0 Could Have Transformational Impact on Skills and Jobs in Cambodia — ADB Study

Industry 4.0 Could Have Transformational Impact on Skills and Jobs in Cambodia — ADB Study

Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with adequate investment in skills development for new and repositioned jobs, according to a new study by the Asian Development Bank (ADB).

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10th CLMV Summit Sets Future Direction of Cooperation

10th CLMV Summit Sets Future Direction of Cooperation

The 10th Cambodia, Lao PDR, Myanmar, Vietnam (CLMV) Summit, held on 9 December, emphasized enhancing effective connectivity for regional integration. CLMV leaders stressed the importance of the CLMV Action Plan (2021-2022), which sets clear directions in trade and investment cooperation, human resources development, implementation of regional commitments, coronavirus disease (COVID-19) recovery, and a framework for transforming the subregion into an Advanced Global Business Hub.  

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Mekong–Republic of Korea Business Forum Facilitates Trade Partnership

Mekong–Republic of Korea Business Forum Facilitates Trade Partnership

The 8th Mekong–Republic of Korea (RoK) Business Forum acknowledged how the RoK and the Mekong countries sustained their trade to 2019 levels amid the pandemic by upholding their trade relations. The Forum was held on 4 December in-person in Hanoi, Viet Nam, and online. 

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12th Mekong-Japan Summit Highlights How Cooperation Enhances Connectivity in the Subregion

12th Mekong-Japan Summit Highlights How Cooperation Enhances Connectivity in the Subregion

Japan and Mekong countries convened the 12th Mekong-Japan Summit on 13 November, cochaired by Japan Prime Minister Suga Yoshihide and Viet Nam Prime Minister Nguyen Xuan Phuc. The meeting underscored Japan’s strong commitment to the Mekong subregion and reviewed progress of cooperation between Japan and Mekong countries (Cambodia, Lao People’s Democratic Republic [PDR], Thailand, Myanmar, and Viet Nam) as guided by the "Tokyo Strategy 2018." The Strategy seeks to strengthen connectivity, improve human resource development, and enhance environmental protection.

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ASEAN Finance Ministers’ Meeting Highlights ADB’s Efforts in Establishing the ASEAN Catalytic Green Finance Facility

ASEAN Finance Ministers’ Meeting Highlights ADB’s Efforts in Establishing the ASEAN Catalytic Green Finance Facility

The 6th ASEAN Finance Ministers and Central Bank Governors’ Meeting held virtually on 2 October acknowledged ADB’s efforts in operationalizing the ASEAN Catalytic Green Finance Facility (ACGF) as a platform for ASEAN green infrastructure under the ASEAN Infrastructure Fund (AIF).

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