Aid and development

In Myanmar, doing aid better

Around the world, the way foreign aid works is coming under wider scrutiny. Criticisms of an increasingly privatized international aid “industry” include claims that many of its approaches are too top-down, inflexible and ineffective. Reformers also question the relationships between large international aid organizations and their ...

World Bank ups Vietnam GDP forecast

Vietnam’s economic growth could reach 6-6.2 percent this year underpinned by further recovery in domestic demand, in turn reflecting robust private consumption and investment growth, according to a World Bank report.   The medium-term outlook for Vietnam is positive on balance in the context that growth in developing ...

Vietnam to seek additional loan for Chinese-built Hanoi elevated railway

The government has decided to seek an additional loan from the Chinese government for a Chinese-built elevated railway project in Hanoi that is becoming infamous for slow progress and ballooning costs. Keep reading ...

Cambodia rice farmers may be advised to plant early-maturing varieties if drought conditions persist

Cambodia rice farmers have started planting for the 2015 main rice crop in May and will continue until July end. However, unusually high temperatures and low rainfall are raising concerns that this year’s paddy production will suffer significantly due to the drought-inducing El Nino weather ...

First HIV/AIDS treatment centre opens in Laos

The first infectious disease ward, which shall include the first HIV/AIDS treatment centre in Laos, opened yesterday in Vientiane, aiming to improve the medical environment to treat infectious disease patients including those with HIV. The centre received financial support from the government of Japan. The new facility ...

World Bank loans Vietnam $507 mln for agriculture, poverty reduction, transport

Vietnam’s central bank and the World Bank on Thursday signed four credit agreements totaling US$507 million to support Vietnam’s priorities in sustainable agriculture, poverty reduction, and a bus rapid transit system.   The financing covers four projects: the Sustainable Agriculture Transformation Project (US$238 million), additional financing for ...

Cambodia, Vietnam meet over border concerns

Cambodian and Vietnamese officials are meeting in Phnom Penh over border issues, but on the second of three days, no final decisions were made. Officials are meeting at the Council of Ministers building in Phnom Penh, to discuss June’s violent clashes along the border, as well ...

The real importance of Japan’s new strategy for the Mekong

On July 4, the leaders of Japan and the five countries in the Mekong subregion – Cambodia, Laos, Myanmar, Thailand and Vietnam – convened for the Seventh Mekong-Japan Summit in Tokyo. True to form, much of the media focus was on the dollar amount that Japan ...

Japan boosts aid to ‘Mekong five’ nations

Japan has pledged Y750bn ($6.1bn) in aid to the “Mekong Five” nations over the next three years as Tokyo seeks fresh influence in a region it regards as crucial to domestic economic growth and regional strategic balance. Keep reading   ...

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