The Prime Minister has approved Vietnam ’s involvement in the Greater Mekong Sub-region (GMS) Transport and Trade Facilitation project, which will run from April 2015 to December 2016.

The Australian government will provide 3.7 million USD in non-refundable aid for the project via the Asian Development Bank.

The project will strengthen coordination among Vietnam , Laos , Cambodia and Myanmar in border management, including immigration and customs procedures, towards the goal of launching a e-customs transit system for the GMS region and enhanced risk management standards.

The scheme also aims to harmonise and put in place bilateral and multilateral transport agreements in the region and conduct study on expanding cross-border trade movement and routes and developing a regional logistics services network-VNA