The Vientiane Times
Special economic zones attracting fewer foreign investors
Foreign investor interest in Lao special zone economic zones is currently less than previous years as most try to come to grips with local regulations. Vientiane Industry and Trade Area Special Economic Zone, at Km22 Nonthong in Xaythany district is one of zones facing this ...
Borikhamxay orders six business licences rescinded
Six companies operating in Borikhamxay province have been ordered to permanently cease operation after checks by officials revealed that they had already stopped their business activities in the province. The companies involved include KL Wooden Processing Co., Ltd and Lao-China Gold Mining Cooperation Company, which ...
Ban Hom Road upgrade on schedule
Workers have been pouring concrete to resurface the Ban Hom Road in Hadxaifong district, Vientiane, with the long-awaited upgrade scheduled for completion by the end of the year. A 4km section from the Chinaimo junction to Somhong village has now been fully concreted making up ...
Asian infrastructure needs US$ 1.7 trillion a year: ADB
The infrastructure needs in developing Asia and the Pacific will exceed US$22.6 trillion through 2030, or US$1.5 trillion a year, if the region is to maintain growth momentum, according to a new flagship report by the Asian Development Bank. The estimates rise to over US$26 ...
Investors to study feasibility of tourism complex in Vangvieng
A Chinese company is keen to develop a tourism complex on a disused airfield in the town of Vangvieng, believing it will attract even more visitors to the already popular tourist hotspot. The provincial authorities agreed on Tuesday that the Yijin Construction Engineering Lao Co., ...
Laos, Thailand step up education cooperation
Laos’ Ministry of Education and Sports will partner with Thailand’s Ministry of Education to increase cooperation in education with the aim of improving English teaching skills for Lao teachers. The plan was outlined on Monday when representatives of the two ministries met in Vientiane. The ...
Companies keen to develop Vientiane-Pakxe expressway project
Nineteen domestic and foreign companies have expressed their interest in developing the planned Vientiane-Pakxe expressway, a senior government official has said. The Ministry of Planning and Investment recently called for local and foreign investors to apply for participation in the mega project by submitting an ...
Australia, EU assists Laos to bolster primary education
Australia’s Foreign Affairs Department and the European Union have provided more than US$1 million to World Vision Laos to help educationally disadvantaged children complete quality basic education. Basic Education Quality and Access in Laos is a 10 year programme led by the Lao government and ...
GDP expected to grow at 6.8 percent: IMF
The International Monetary Fund has predicted that Laos’ Gross Domestic Product will grow at 6.8 percent this year, less than the government’s projected rate of 7 percent. The IMF Executive Board concluded the Article IV consultation [1] with Laos recently, describing Laos’ challenges in dealing ...
KOICA completes digital maps of Vientiane
A joint cooperation project between Laos and the Republic of Korea on the digital mapping of Vientiane, covering 4,600 hectares on a scale of 1 to 2,000 was completed recently, with a handover ceremony held in Vientiane on February 28. During the ceremony, the Korea International ...
