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East–West Economic Corridor
The East–West Economic corridor is an economic development program initiated in order to promote development and integration of 5 Southeast Asian countries, namely: Myanmar, Thailand, Laos, Cambodia and Vietnam. The concept was agreed upon in 1998 at the Ministerial Conference of the Greater Mekong Subregion, organized in Manila, the Philippines. This corridor became operational on December 12, 2006. The economic corridor is created based on a road of 1,450 km with the west end at port city of Mawlamyine (Myanmar), crossing Kayin Division, Thai provinces of Tak, Sukhothai, Phitsanulok, Phetchabun, Khon Kaen, Kalasin and Mukdahan, the Laotian province of Savannakhet, and the Vietnamese provinces of Quảng Trị, and city of Huế and Đà Nẵng as the east end. From Myanmar it is further connected to India via India–Myanmar–Thailand Trilateral Highway which is being upgraded, with most part already completed and remaining upgrade will be completed by 2020. By u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Corridor
Economic corridors are integrated networks of infrastructure within a geographical area designed to economic stimulus, stimulate economic development. They connect different Agent (economics), economic agents in a particular geographic area. Corridors may be developed within a country or between countries. They have been part of strategies for economic development in Asia, Africa, and other areas. Economic corridors often feature integrated infrastructure, such as highways, railroads and ports, and may link cities or countries. Corridors may be created to link manufacturing hubs, areas with high supply and demand, and manufacturers of value-added goods. When implemented, an economic corridor is often one part of a package of different measures including infrastructure development, visa and Air transport agreement, transport agreements, and standardization. Social needs, such as housing, are often considered in development plans. Definition The Asian Development Bank coined the te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Vietnam
The economy of Vietnam is a developing economy, developing Mixed economy, mixed socialist-oriented market economy. It is the List of countries by GDP (nominal), 33rd-largest economy in the world by nominal gross domestic product (GDP) and the List of countries by GDP (PPP), 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the World Trade Organization. Since the mid-1980s, through the Đổi Mới reform period, Vietnam has made a shift from a Centralization, highly centralized planned economy to a mixed economy. Before, South Vietnam was reliant on U.S. aid, while North Vietnam and reunified Vietnam relied on communist aid until the Dissolution of the Soviet Union, Soviet Union's dissolution. The economy uses both directive and indicative planning through Five-Year Plans of Vietnam, five-y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Thailand
The economy of Thailand is dependent on exports, which accounted for about 58 percent of the country's gross domestic product (GDP) in 2021. Thailand itself is a newly industrialized country, with a GDP of 17.922 trillion Thai baht, baht (US$514.8 billion) in 2023, the 9th largest economy in Asia. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. Its currency, the baht, is ranked as the tenth most frequently used world payment currency in 2017. The industrial and Tertiary sector of the economy, service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand's agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP respectively. The construction and mining sector adds 4.3 percent to the country's gross domestic product. Other service sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lao Bảo
Lao Bảo is a small town in Hướng Hóa District of Quảng Trị Province, Vietnam, located in the North Central Coast region, near the border with Laos. Its population is approximately 30,000. Lao Bảo is the last Vietnamese town on National Route 9, which runs westwards from Dong Ha near the Vietnamese coast over the Annamite Range into Laos. The road was constructed in 1930 by the French colonial administration to connect the towns along the Mekong River to the Vietnamese coast. As route AH16 in Asian Highway Network, the road continues further westwards through Laos and across the Mekong into Thailand. It is part of the East-West Economic Corridor that stretches 1,450 km, connecting four Mekong region countries: Vietnam, Laos, Thailand, and Myanmar. As Lao Bảo is located in an advantaged area of commerce and border trade between Vietnam and Laos, this small town has opportunities to do business and exchange timber with Laos and Thailand for profit. Although i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mekong River
The Mekong or Mekong River ( , ) is a transboundary river in East Asia and Southeast Asia. It is the world's List of rivers by length, twelfth-longest river and List of longest rivers of Asia, the third-longest in Asia with an estimated length of and a drainage area of , discharging of water annually. From its headwaters in the Tibetan Plateau, the river runs through Southwest China (where it is officially called the Lancang River), Myanmar, Laos, Thailand, Cambodia, and southern Vietnam. The extreme seasonal variations in flow and the presence of Rapids, rapids and waterfalls in the Mekong make navigation difficult, though the river remains a major trade route between Tibet and Southeast Asia. The construction of hydroelectric dams along the Mekong in the 2000s through the 2020s has caused serious problems for the river's ecosystem, including the exacerbation of drought. Names The Mekong was originally called ''Mae Nam Khong'' from a contracted form of Kra-Dai language, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank to promote social and economic development in Asia. The bank is headquartered in Metro Manila, Philippines and maintains 31 field offices around the world. The bank was established on 19 December 1966 and admits the members of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE), and non-regional developed countries. Starting with 31 members at its establishment, by 2019 ADB had 69 members. The ADB was modeled closely on the World Bank and has a similar weighted voting system, where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget, and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions located in 10 countries within the Region. After comple ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strait Of Malacca
The Strait of Malacca is a narrow stretch of water, long and from wide, between the Malay Peninsula to the northeast and the Indonesian island of Sumatra to the southwest, connecting the Andaman Sea (Indian Ocean) and the South China Sea (Pacific Ocean). As the main shipping channel between the Indian and Pacific oceans, it is one of the most important shipping lanes in the world. Etymology The name "Malacca" is traditionally associated with the Malacca tree ('' Phyllanthus emblica''), also known as the Indian gooseberry tree, and is believed to derive from the local Malay word "Melaka". According to historical traditions, Parameswara, a Sumatran prince and the founder of the Malacca Sultanate, selected the site for his new kingdom where the city of Malacca now stands. It is said that he named the location "Melaka" after the Malacca tree under which he had rested. Over time, the name "Malacca" came to refer not only to the city but also to the strategically significant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangon
Yangon, formerly romanized as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar. Yangon was the List of capitals of Myanmar, capital of Myanmar until 2005 and served as such until 2006, when the State Peace and Development Council, military government relocated the administrative functions to the purpose-built capital city of Naypyidaw in north central Myanmar. With over five million people, Yangon is Myanmar's most populous city and its most important commercial centre. Yangon boasts the largest number of colonial-era buildings in Southeast Asia, and has a unique Downtown Yangon, colonial-era urban core that is remarkably intact. The colonial-era commercial core is centered around the Sule Pagoda, which is reputed to be over 2,000 years old. The city is also home to the gilded Shwedagon Pagoda – Myanmar's most sacred and famous Buddhist pagoda. Yangon suffers from deeply inadequate infrastructure, especially compared to other major cities in Sou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangkok
Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estimated population of 10 million people as of 2024, 13% of the country's population. Over 17.4 million people (25% of Thailand's population) live within the surrounding Bangkok Metropolitan Region as of the 2021 estimate, making Bangkok a megacity and an extreme primate city, dwarfing Thailand's other urban centres in both size and importance to the national economy. Bangkok traces its roots to a small trading post during the Ayutthaya Kingdom, Ayutthaya era in the 15th century, which eventually grew and became the site of two capital cities, Thonburi Kingdom, Thonburi in 1767 and Rattanakosin Kingdom (1782–1932), Rattanakosin in 1782. Bangkok was at the heart of the modernization of Siam during the late 19th century, as the count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India–Myanmar–Thailand Trilateral Highway
India–Myanmar–Thailand Trilateral Highway (IMT Highway), long route, is a 4-lane highway under construction under India's Look East policy that will connect Moreh, India with Mae Sot, Thailand via Myanmar. Imphal-Mandalay-Bangkok route, consisting of Imphal-Mandalay and Mandalay-Bangkok , is a highway in good condition except for part of long Kalewa- Yagyi stretch being built to 2-lane in each direction (total 4 lanes) highway by India. The road is expected to boost trade and commerce in the ASEAN–India Free Trade Area, as well as with the rest of Southeast Asia. India has also proposed extending the highway to Cambodia, Laos and Vietnam. The proposed approx route from India to Vietnam is known as the East-West Economic Corridor (Thailand to Cambodia and Vietnam became operational in 2015). This highway will also connect to the river ports being developed along the way at Kalay (also called Kalaymyo) and Monywa on Chindwin River. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Đà Nẵng
Da Nang or DanangSee also Danang Dragons (, ) is the list of cities in Vietnam, fifth-largest city in Vietnam by municipal population. It lies on the coast of the Western Pacific Ocean of Vietnam at the mouth of the Hàn River (Vietnam), Hàn River, and is one of Vietnam's most important port cities. As one of the country's six direct-controlled municipality, direct-controlled municipalities, it falls under the administration of the politics of Vietnam, central government. The city was known as Cửa Hàn during early Đại Việt settlement, and as Tourane (or Turon) during French Indochina, French colonial rule. Before 1997, the city was part of Quang Nam – Da Nang Province. On 1 January 1997, Da Nang was separated from Quảng Nam Province to become one of four centrally controlled municipalities in Vietnam. Da Nang is designated as a List of cities in Vietnam, first class city, and has a higher urbanization ratio than any of Vietnam's other provinces of Vietnam, provinces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
