The Vientiane Times
NA members push gov’t on addressing national issues
Revenue collection system modernisation, investment authorisation procedure improvement, and poverty reduction have topped the list of issues at the debate at the National Assembly session on April 25. NA members called on the government to accelerate its realisation of the plan for closing the leakage ...
Laos registers trade surplus in first quarter
Laos has registered a US$95 million trade surplus in the first quarter of 2017 following an historic trade surplus over the 2015-2016 fiscal year, the government told the National Assembly this week. Officially-recorded export over 2017’s first three months was valued at US$1,212 million, while ...
KOICA pledges US$5m for skill development in Laos
The Korea International Cooperation Agency will provide grant aid of over 40 billion kip (US$ 5 million) to facilitate skills development in Laos. The funding is in support of the Project for Improvement of Lao-Korea Institute for Skills Development from 2017 to 2020. A signing ...
Major deals signed as Vietnam PM visits
Laos and Vietnam have inked deals worth multi-millions of US dollars during a two-day official visit by Vietnam’s Prime Minister Nguyen Xuan Phuc from April 26-27 that concludes today. The bilateral agreements were signed by respective high ranking officials of both sides in Vientiane yesterday, ...
Cross-border bridge congestion target of Savan Park proposal
Savan Logistics based in the Special Economic Zone or Savan Park has proposed establishment of Common Control Areas in the park, aimed at easing traffic congestion at the Lao-Thai border checkpoint. Currently the CCA proposal is being discussed among the officials concerned from line ministries, ...
Gov’t promises continued effort at third NA session
The government has made tangible achievements in implementing its socio-economic development plan over the past six months while it says efforts will be continued for achieving its planned targets. Prime Minister Mr Thongloun Sisoulith, representing the government, spoke to the National Assembly about its intentions in ...
NA ordinary session opens to debate socio-economic performance, law making
The third ordinary session of the National Assembly kicked off on April 25 in Vientiane to review the government’s performance over the past six months, future work plans, socio-economic development plan implementation for 2016 and 2017 and law making. President of the NA, Ms Pany Yathotou ...
China slowdown affects Phongsaly investment
Private sector investment in Phongsaly province in the far north of Laos has witnessed a slowdown since the economic setback in China driving down the prices of several products. The decline in global demand, particularly in China has discouraged entrepreneurs from that country coming to ...
ADB commits assistance to Laos’ development goals
Infrastructure development for transportation connectivity, telecommunications, along with the power, education and health sectors will all be the focus of Asian Development Bank in its continuous assistance to Laos in upcoming years. Director General for ADB’s Southeast Asia Department James Nugent disseminated this plan in ...
Official: inspection underway on reported import of human sperm
Health officials are investigating a report that human sperm has been imported into Laos, a senior government official has said. Lao law prohibits the trade of human organs including blood and sperm, Director General of Health Care Department under the Ministry of Health Associated Professor ...