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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, Thừa Thiên–Huế Province and Đà Nẵng city 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 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Corridor
Economic corridors are integrated networks of infrastructure within a geographical area designed to stimulate economic development. They connect different economic agents in particular geographic area. Corridors may be developed within a country or between countries. Corridors exist 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, economic corridors are often one of a package of different measures including infrastructure development, visa and transport agreements, and standardisation. Consideration of social needs, such as housing, is often considered. The Asian Development Bank coined the term in 1998. In practice the term "Economic Corridors" has most often been used to connote road highways (e.g. East-West Economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Vietnam
The economy of Vietnam is a mixed socialist-oriented market economy, which is the 38th-largest in the world as measured by nominal gross domestic product (GDP) and 26th-largest in the world as measured by purchasing power parity (PPP) in 2022. 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 highly centralized command economy to a mixed economy. This economy uses both directive and indicative planning through five-year plans, with support from an open market-based economy. Over that period, the economy has experienced rapid growth. In the 21st century, Vietnam is in a period of being integrated into the global economy. Almost all Vietnamese enterprises are small and medium enterprises (SMEs). Vietnam has become a leading agricultural exporter and served as an attractive destination for foreign i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Thailand
The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. The Thai economy was expected to post 3.8% growth in 2019. Its currency, the Thai Baht, ranked as the tenth most frequently used world payment currency in 2017. The industrial and 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 ... [...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. 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 it is a small town in the border area, it also provides several jobs for the people there. In comparison with the provincial capital of Đông Hà in standard of individual earnings, the earnings of inhabitants of Lao Bao are higher. In Lao Bảo the Sepon River (Vietnamese: ''Sông Xê-pôn'') is the border line between Hướng Hóa and the Savan province of Laos. This river is only 1 meter in depth and its width is about 100 metres. Surrounding the river is a jungle with large, tall trees. Several commerce and trade initiatives with Laos and Thailand have been r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mekong River
The Mekong or Mekong River is a trans-boundary river in East Asia and Southeast Asia. It is the world's twelfth longest river and the third longest in Asia. Its estimated length is , and it drains an area of , discharging of water annually. From the Tibetan Plateau the river runs through China, Myanmar, Laos, Thailand, Cambodia, and Vietnam. The extreme seasonal variations in flow and the presence of rapids and waterfalls in the Mekong make navigation difficult. Even so, the river is a major trade route between western China and Southeast Asia. Names The Mekong was originally called ''Mae Nam Khong'' from a contracted form of Tai shortened to ''Mae Khong''. In Thai and Lao, ''Mae Nam'' ("Mother of Water ) is used for large rivers and ''Khong'' is the proper name referred to as "River Khong". However, ''Khong'' is an archaic word meaning "river", loaned from Austroasiatic languages, such as Vietnamese ''sông'' (from *''krong'') and Mon ''kruŋ'' "river", which led to Chin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the United Nations 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. From 31 members at its establishment, ADB now has 68 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 locate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strait Of Malacca
The Strait of Malacca is a narrow stretch of water, 500 mi (800 km) long and from 40 to 155 mi (65–250 km) wide, between the Malay Peninsula (Peninsular Malaysia) 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. It is named after the Malacca Sultanate that ruled over the strait between 1400 and 1511, the center of administration of which was located in the modern-day state of Malacca, Malaysia. Extent The International Hydrographic Organization define the limits of the Strait of Malacca as follows: History Early traders from Arabia, Africa, Persia, and Southern India reached Kedah before arriving at Guangzhou. Kedah served as a western port on the Malay Peninsula. They traded glassware, camphor, cotton goods, brocades, ivory, sandalwood, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangon
Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government relocated the administrative functions to the purpose-built capital city of Naypyidaw in north central Myanmar. With over 7 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 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 Southeast Asia, such as Jakarta, Bangkok or Hanoi. Though ... [...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 10.539 million as of 2020, 15.3 percent of the country's population. Over 14 million people (22.2 percent) lived within the surrounding Bangkok Metropolitan Region at the 2010 census, making Bangkok 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 in the 15th century, which eventually grew and became the site of two capital cities, Thonburi Kingdom, Thonburi in 1768 and Rattanakosin Kingdom (1782–1932), Rattanakosin in 1782. Bangkok was at the heart of the modernization of Siam, later renamed Thailand, during the late-19th century, as the country faced pressures from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India–Myanmar–Thailand Trilateral Highway
India–Myanmar–Thailand Trilateral Highway (IMT Highway), long route, is a highway under upgrade 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 upgraded 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
Nang or DanangSee also Danang Dragons ( ; vi, Đà Nẵng, ) is a class-1 municipality and the fifth-largest city in Vietnam by municipal population. It lies on the coast of the East Sea of Vietnam at the mouth of the Hàn River, and is one of Vietnam's most important port cities. As one of the country's five direct-controlled municipalities, it falls under the administration of the central government. Da Nang is the commercial and educational centre of Central Vietnam and is the largest city in the region. It has a well-sheltered, easily accessible port, and its location on National Route 1 and the North–South Railway makes it a transport hub. It is within of several UNESCO World Heritage Sites, including the Imperial City of Huế, the Old Town of Hội An, and the Mỹ Sơn ruins. The city was known as during early Đại Việt settlement, and as (or ''Turon'') during French colonial rule. Before 1997, the city was part of Quang Nam - Da Nang Province. On 1 Janua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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