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ADB Confirms Support to ACMECS

ADB Confirms Support to ACMECS

Asian Development Bank President Takehiko Nakao reaffirmed ADB's support to the Ayeyawady-Chao Phraya Mekong Economic Cooperation Strategy in a video message shown at the 8th ACMECS Summit on 16 June in Bangkok.

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News

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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News

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Asian Development Bank and Viet Nam: Fact Sheet

Asian Development Bank and Viet Nam: Fact Sheet

The Asian Development Bank's country partnership strategy for Viet Nam is based on promoting job creation and competitiveness, increasing the inclusiveness of infrastructure and service delivery, and improving environmental sustainability and climate resilience.

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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.

Publications

Factors Affecting Firm-Level Investment and Performance in Border Economic Zones and Implications for Developing Cross-Border Economic Zones between the People's Republic of China and its Neighboring GMS Countries

Factors Affecting Firm-Level Investment and Performance in Border Economic Zones and Implications for Developing Cross-Border Economic Zones between the People's Republic of China and its Neighboring GMS Countries

The establishment of cross-border economic zones in the border areas of the People's Republic of China and its neighboring countries in the Greater Mekong Subregion has recently emerged as a strategy for further promoting trade and investments in the subregion. Unlike a border economic zone (BEZ), which is confined within the national territory, a CBEZ is an economic zone traversing a transnational area and requiring a unified set of policies and incentives in such areas as finance, taxation, investment, trade, and customs regulation.

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