Multilateral development assistance

Prime Minister Nguyễn Xuân Phúc has approved construction of a bypass and road that will connect with National Highway No. 91. The 15.3-km long bypass, which will go around Long Xuyên City, will extend from National Highway No. 80 and the Lộ Tẻ intersection to ...

Vietnam is one of the countries worst hit by climate change. In 2016, the national climate change strategy has received strong support from the international community. The Global Climate Index indicates that Vietnam ranks 5th among countries most affected by natural disasters, which kill hundreds of ...

The World Bank’s Board of Executive Directors is providing US$25 million credit for Laos to strengthen its road maintenance systems and improve road connectivity throughout the country. The credit comes from the International Development Association, according to a report published on the World Bank’s Board ...

The Ministry of Natural Resources and Environment and its development partners organised a review of the Second Lao Environment and Social Project in 2016 and planning meeting for next year’s works. The concerned departments at the ministry highlighted the key achievements of 13 sub-projects under ...

While the World Bank commended Cambodia for its strong economic growth and efforts to reduce poverty over the past two decades, it, however, cautioned on December 14 that the agriculture and garment sectors posed challenges which could make that growth unsustainable. “An overview of the past two ...

The Ministry of Planning and Investment and the United Nations Fund for Population Activities organised the final review of the 5th Country Programme and the first planning meeting for the 6th Country Programme for Laos. The meeting highlighted key achievements in the areas of sexual ...

The government and development partners have agreed on the coordination mechanisms and framework they believe can help accelerate development through the participation of all sectors. This was the outcome of the Round Table Implementation Meeting held in Vientiane province’s capital last week. After the meeting ...

It has been over two months since the government made available a $27 million emergency loan package to the beleaguered rice sector, yet only 5 percent of the funds have been disbursed. Officials from the state-owned bank in charge of issuing the loans claim the ...

Myanmar is set to receive a portion of a US$117 million Asian Development Bank loan aimed at combating emerging infectious diseases. The Greater Mekong Subregion Health Security Project will target outbreaks in Myanmar, Cambodia, Laos and Vietnam. The loan is meant to boost access to ...

The China-led Asian Infrastructure Investment Bank, which seeks to help plug Asia’s infrastructure-funding gap, has begun shifting the economic balance of power and influence in Southeast Asia, a region in which Japan and the United States have traditionally been the key external economic players. While ...