The Vientiane Times
New decree strengthens environment fund
A new government decree on a key environmental fund will help bolster fundraising for the protection of environment across the country, sources say. An official from the Environment Protection Fund (EPF) Mr Vithoun Inthavong discussed his expectations speaking with Vientiane Times on April 19 about the ...
Company to develop Mekong beach as popular tourist attraction in Vientiane
A private company seeks to put the Mekong River beach in front of Sithan Neua village, Sikhottabong district on the map as one of the most popular tourist attractions in Vientiane in a bid to attract more domestic and foreign visitors. Sithan Neua Mekong Beach ...
Finance ministry welcomes public feedback with new hotline
The Ministry of Finance has launched the hotline number 1519 to better connect with members of the public so that consumers can more easily air complaints or provide recommendations regarding finance sector operations in the country. According to a notice issued by the Ministry of ...
Business operations face high logistics costs, study says
High logistics costs in Laos are still a major obstruction for business operations throughout the domestic private sector and can also deter investors, a recent study suggests. Logistics costs in the country are as high as double compared to other neighbouring or ASEAN countries according to ...
Tunnel works underway on Laos-China railway project
Efforts to bore tunnels for the Laos-China railway project have begun, marking a new and intensive stage to construction work underground for the landmark multi-billion dollar project. As of Tuesday, more than 10 metres had been bored for the Boten Tunnel, one of the three tunnels ...
Asianface director reportedly involved in business fraud in Cambodia
Investors in an allegedly fraudulent scheme offered by the Asian Face company are increasingly concerned after the involvement of its operator in similar activities in his home country were revealed. Currently in police custody in Laos over his Asian Face Company Ltd’s alleged illegal capital ...
Caffeine high as Laos tops South-East Asia's coffee producer rankings
Laos is riding high as largest coffee exporter in ASEAN followed by Vietnam in second place and Thailand third according to figures compiled by the Lao Ministry of Planning and Investment. Coffee is among Laos top export income earners in terms of agricultural commodities, earning ...
Authorities retrieve 50b kip from corrupt officials
The State Inspection Authority (SIA) has retrieved more than 50 billion kip over the past two years from corrupt officials who had previously embezzled State properties. A senior official from SIA who asked to remain anonymous told Vientiane Times on Monday that all State budget ...
Tourism sector looking to boost its capacity
The engagement of local authorities and investments will help the government boost the number of foreign travellers over the years to come, reports a senior tourism official. Deputy Director General of Tourism Development Department under the Ministry Information, Culture and Tourism Ms Phonemaly Inthaphom told ...
Govt warned to manage growing debt
Economists have warned the government needs a long-term strategy for managing its burgeoning debt against obligations while it works on securing more efficient and additional revenue sources. At the moment, Laos requires 1,559 billion kip to meet its budget expenditure following revenue shortfall in the ...
