News
China reclaims top foreign investor spot in 2016
China overtook Vietnam to reclaim the number one position as the largest foreign investor in Laos last year, according to an annual report from the Ministry of Planning and Investment. China’s investment last year soared to over US$1 billion compared to US$88.9 million in 2015 ...
Govt seeks investors to fund Vientiane-Pakxe expressway
The government is seeking investors to bankroll construction of the planned Vientiane-Pakxe expressway to link the country’s capital with Pakxe the capital of the southernmost province of Champassak. The Ministry of Planning and Investment recently issued an announcement asking local and foreign companies and investors ...
EPF supports green growth initiatives
Laos launched a new project at the Ministry of Planning and Investment on January 18 aiming to support capacity building and mainstreaming green in the country. The agreement ceremony was attend by Deputy Minister of Planning and Investment, Dr Kikeo Chanthabouly. The new project, known ...
Laos, Singapore to further enhance cooperation
Laos and Singapore will further enhance their relations and continue cooperation in the development of various fields. This was the main theme of a meeting on January 12 between President Bounnhang Vorachit and the President of the Republic of Singapore, Dr Tony Tan Keng Yam, when ...
Economists, private sector optimistic about strong Lao economy in 2017
Economists and the private sector are confident that the Lao economy has a good chance of achieving the expectations set for 2017 despite global uncertainties, but urge more effective management of the macroeconomy, the price of goods, and improvement of the investment and business climate. ...
SDGs' message disseminated in Luang Prabang
About 500 officials, lecturers and students at Souphanouvong University in Luang Prabang province gained insight about the implementation of the nation’s Sustainable Development Goals this week. The information on SDGs was presented in Luang Prabang on Monday by speakers from international agencies along with the ...
Food processing industry in Mekong Delta still not attracting investors
Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments. A report of the Ministry of Planning and Investment shows that Vietnam has attracted $290 billion worth of foreign direct ...
Laos, Vietnam seeks to boost cooperative relations
Lao and Vietnamese leaders have discussed a number of issues in a move to consolidate the cooperative relations, friendship and special solidarity between the two countries. At a meeting held between Lao Minister of Foreign Affairs Mr Saleumxay Kommasith and his visiting Vietnamese counterpart Pham ...
Education, skills key to graduation from LDC status
Moving out of Least Developed Countries status requires raising people’s education and skill level as well as improving their health. The matter was stated by Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury during the conference on launching related issues, held in Vientiane on ...
Ministry reviews UNFPA country programme
The Ministry of Planning and Investment and the United Nations Fund for Population Activities organised the final review of the 5th Country Programme and the first planning meeting for the 6th Country Programme for Laos. The meeting highlighted key achievements in the areas of sexual ...
