GMS-6 and CLV-10: Economic connectivity for sustainable development
The sixth Greater Mekong Subregion (GMS-6) Summit and the 10th Cambodia-Laos-Vietnam (CLV-10) Development Triangle Summit continue taking place in Hanoi on March 31, the last working day, with important meetings.
Officials at the plenary session of the 6th Greater Mekong Subregion Summit on March 30 (Photo: VNA)
Hanoi (VNA) – The sixth Greater Mekong Subregion (GMS-6) Summit andthe 10th Cambodia-Laos-Vietnam (CLV-10) Development Triangle Summit continuetaking place in Hanoi on March 31, the last working day, with importantmeetings.
In the morning, leaders of the six GMS member countries will gather for aplenary session to review cooperation outcomes reached from the fifth GMSsummit, and approve main documents of this summit: the Hanoi Action Plan for2018-2022, regional investment framework till 2022 and GMS sectoral cooperationstrategies.
In the afternoon, the plenary session of the CLV-10 will take place. The CLVleaders will review the implementation of decisions of the previous CLV summit,and discuss orientations for future cooperation on connecting the threeeconomies.
GMS was established in 1992 as an initiative of the AsianDevelopment Bank (ADB). The GMS Programme is the most complete cooperationprogramme that involves Vietnam, Laos, Cambodia, Thailand, Myanmar, and China’sYunnan and Guangxi provinces. Priority fields include infrastructuredevelopment, energy, telecommunications, tourism, trade-investment, humanresources, and the environment.
The CLV Development Triangle Area was established in 1999, covering Vietnam’sKon Tum, Gia Lai, Dak Lak, Dak Nong provinces; Laos’ Sekong, Attapeu andSaravan provinces; and Cambodia’s Stung Treng, Rattanak Kiri, and Mondul Kiri.In 2009, the three countries agreed to add Vietnam’s Binh Phuoc province,Cambodia’s Kratie province, and Laos’ Champasak province to the area. Itscooperation focuses on the fields of security, external affairs, transport,industry, agriculture, trade, investment and environmental protection.-VNA
Plans for developing the private sector in the Greater Mekong Subregion (GMS) will be among priorities of the GMS Business Council (GMS BC) from 2018 to 2020, heard a panel discussion in the framework of the GMS Business Summit in Hanoi on March 30.
Prime Minister Nguyen Xuan Phuc has expressed wish that the Asian Development Bank (ADB) will continue playing an important role in promoting Greater Mekong Sub-region (GMS) and CLV cooperation.
A symposium on the Greater Mekong Subregion (GMS) and Global Trade was held in Hanoi on March 30 within the framework of the first-ever GMS Business Summit initiated by Vietnam to boost open trade,
The Asian Development Bank (ADB) will continue to be a trusted partner of Greater Mekong Sub-region (GMS) countries in their efforts for future growth, ADB President Takehiko Nakao wrote in an article published by Indonesia’s Jakarta Globe newspaper.
The Greater Mekong Sub-region (GMS) Business Summit, which opened in Hanoi on March 30 on the sidelines of the sixth GMS Summit as an initiative of Vietnam, has created an opportunity for governments to hold dialogue with enterprises and development partners, and encourage their stronger engagement in GMS activities.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Officials at the plenary session of the 6th Greater Mekong Subregion Summit on March 30 (Photo: VNA) 
