Politics

Sixth Greater Mekong Subregion Summit a success

The sixth Greater Mekong Subregion Summit wrapped up successfully with many key documents ratified, Prime Minister Nguyen Xuan Phuc affirmed at an international press conference in Hanoi on March 31.
Sixth Greater Mekong Subregion Summit a success ảnh 1At the international press conference (Source: VNA)

Hanoi (VNA) – The sixth Greater Mekong Subregion(GMS-6) Summit wrapped up successfully with many key documents ratified, PrimeMinister Nguyen Xuan Phuc affirmed at an international press conference inHanoi on March 31.

The GMS leaders adopted the Joint Statement of the sixth GMSSummit affirming the GMS countries’ political commitment and determination to enhancethe role of the mechanism.

The Hanoi Action Plan for 2018-2022 defines major orientations and cooperationmeasures in the coming time while the Regional Investment Framework 2022provides a list of more than 220 projects worth about 66 billion USD, the PMsaid.

Thesuccess of the GMS proves the aspiration and determination to build the Mekongregion of peace, prosperity and sustainable development for the people, andrealize its vision on the pillars of 3C: “Connectivity, Competitiveness andCommunity,"he stressed.

With the theme “Leveraging25 years of cooperation, Building an integrated, sustainable andprosperous GMS”, the 6th GMS Summit received active support of the GMS leaders and representatives fromits key partners, including the Asian Development Bank (ADB), World Bank, andASEAN.

The Vietnamese PM also attributed the summit’s success to theactive participation of more than 3,000 business delegates from the GMS nationsand partners, as well as nearly 400 international and Vietnamese reporters.

[Sixth GMS Summit takes place in Hanoi]

At the press conference, ADB President Takehiko Nakao praisedVietnam’s initiative on organising the GMS Business Summit, the first of itskind, which helped strengthen dialogues between enterprises and governments andconnect businesses in the region and the world, while encouraging resourcesfrom the private sector.

TheGMS aims to mobilise 66 billion USD in the next five years, in which ADB willprovide at least 7 billion USD for the region. The rest will be mobilised fromprivate sector, he said, adding that is why the GMS Business Summit is veryimportant for the GMS mechanism.

The ADB President also expressed his confidence in GMSeconomic growth in general and the opportunities for Vietnam to summon theregional potential.

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.-VNA
VNA
#GMS-6 #Summit #Greater Mekong Subregion #GMS #Prime Minister Nguyen Xuan Phuc #GMS Programme #ADB #Hanoi Action Plan for 2018-2022 #the Regional Investment Framework 2022 #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Sixth GMS Summit takes place in Hanoi

Sixth GMS Summit takes place in Hanoi

The sixth Greater Mekong Subregion (GMS) Summit took place in Hanoi on March 31, with the participation of leaders of the regional countries and representatives from ASEAN, the ADB and the World Bank.

See more

Civil servants provides administrative services for citizens in Son Hai commune of Bac Ninh province. (Photo: VNA)

Reform drive expected to remove barriers, unlock growth momentum

Prime Minister Le Minh Hung recently ordered ministries and agencies to immediately cut at least 30% of administrative procedures, 50% of processing time, 50% of compliance costs and 30% of business conditions, while eliminating all unnecessary procedures.

Ambassador Do Hung Viet, Permanent Representative of Vietnam to the United Nations (UN), meets with Annalena Baerbock, President of the 80th session of the UN General Assembly (UNGA). (Photo: VNA)

Vietnam strives for substantive outcome at NPT review conference

At the meeting this week, Ambassador Viet briefed the UNGA President on developments during the first two weeks of the conference. He stressed that the current international geopolitical landscape poses numerous complex challenges, while reaffirming Vietnam’s determination, together with other member states, to promote substantive and balanced outcomes at the conference.

General Secretary of the Communist Party of Vietnam Central Committee and President of Vietnam To Lam (R) receives Athsaphangthong Siphandone, member of the Lao People’s Revolutionary Party Central Committee, Secretary of the Vientiane Party Committee and Chairman of the municipal People’s Council, in Hanoi on May 12, 2026. (Photo: VNA)

Top leader of Vietnam receives Vientiane official in Hanoi

The host leader stressed that cooperation between localities, particularly between the capitals of Hanoi and Vientiane, plays an especially important role as a pioneering force in effectively implementing the foreign polices of the two Parties and States, while also serving as a bridge between politics and development, as well as between strategy and concrete action.

Prime Minister Le Minh Hung receives Chinese Ambassador to Vietnam He Wei in Hanoi on May 12. Photo: VNA

Prime Minister receives Chinese Ambassador

The Party and State of Vietnam always value the assistance China has provided to Vietnam during its past struggle for national independence as well as in national development today. Vietnam consistently regards the development of relations with China as a steadfast policy, an objective requirement, a strategic choice, and a top priority in its foreign policy of independence, self-reliance, multilateralisation and diversification.

Secretary of the Hanoi Party Committee Tran Duc Thang and Secretary of the Vientiane Party Committee Atsaphangthong Siphandone witness the signing of a memorandum of understanding on cooperation between the Women’s Unions of Hanoi and Vientiane for 2026–2030, as well as a memorandum on enhanced cooperation between the Ho Chi Minh Communist Youth Union of Hanoi and the Lao People’s Revolutionary Youth Union of Vientiane for the same period. (Photo: VNA)

Hanoi, Vientiane promote comprehensive cooperation in new phase

The capitals of Vietnam and Laos signed memoranda of understanding on joint work in the fields of public communication and mass mobilisation, women and youth affairs, foreign relations, industry and trade, education and health care. These are expected to provide an important basis for implementing their cooperation priorities for 2026–2030.

An overview of the seminar held in Hanoi on May 12 (Photo: VNA)

Two-tier local administration improves public service delivery: Seminar

The two-tier local government model has operated relatively stable despite heavy workloads and high reform demands. Many localities have quickly adapted, while people have shown support for streamlined administration and expectations for a more modern, efficient and accountable public sector.

At the VFF's 11th National Congress for the 2026-2031 tenure. (Photo: VNA)

Vietnam Fatherland Front must better harness strength of great national unity: Top leader

In the new era, great national unity is not only a spiritual tradition, but also a national development capacity and a source of strength to unlock resources and creativity, create social consensus, and safeguard the country early and from afar. Unity now means respecting legitimate differences, harmonising interests, taking national interests as common ground, and rallying all patriotic Vietnamese around the aspiration to build a peaceful, independent, democratic, strong, prosperous, civilised, and happy Vietnam, the top leader said.