(VOVWORLD) -Vietnam will continue to cooperate closely with member countries and development partners to jointly build a Greater Mekong Subregion (GMS) of innovation, dynamism, sustainable and prosperous development, said Prime Minister Pham Minh Chinh.
 Prime Minister Pham Minh Chinh speaking at the summit. Photo: VGP/Nhat Bac
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In his address at the 8th Greater Mekong Subregion Summit in Kunming, China, on Thursday morning, the Vietnamese PM underscored the strategic role of the GMS in the process of international integration and development of the sub-region. He held that in its evolution and development, GMS must continuously reform itself, grasp the general global trend and serve the specific development needs of the sub-region.
The Prime Minister proposed three main points of the new generation economic corridor including corridor of technology and innovation; corridor of economic growth; and green, sustainable and inclusive corridor. He said he believes this Summit will contribute to realizing the vision and goals of the GMS.
 GMS members unanimously approve the Joint Declaration and Innovation Strategy for GMS development until 2030. Photo: VGP/Nhat Bac
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Vietnamese Prime Minister Chinh joined leaders of Cambodia, Laos, Myanmar, Thailand and China, as well as the Asian Development Bank leadership to attend the opening ceremony of the Summit themed “Towards a Better Community through Innovation-driven Development”.
The leaders agreed to build the GMS Innovation System with three main pillars of digitalization, green transformation and connection. They also encouraged coordination between the GMS and other regional and sub-regional cooperation mechanisms and initiatives to create new impetus for the development of the sub-region.
The Summit adopted the Joint Declaration and Innovation Strategy for GMS development until 2030. It also recognized six documents on climate and environment, digitalization, investment, gender equality, health, digitization of commercial documents for future deployment.
The Greater Mekong Subregion (GMS) Summit is an important mechanism aimed at strengthening economic cooperation and sustainable development in the region. Supported by the Asian Development Bank, the GMS mechanism initiated in 1992 brings together six countries, namely Cambodia, Laos, Myanmar, Thailand, Vietnam, and China (specifically the Yunnan and Guangxi provinces). Vietnam joined the GMS initiative in 1992 as one of the founding members.