News
Furniture fair raises profile of Lao wood products
The Lao Furniture Association hopes that the furniture fair, which opened in Vientiane on 14 January, will attract more domestic and foreign investors in the sector and promote Lao wood products on regional and international markets. The Lao Furniture Association on 14 January officially opened its ...
Truck ban in force on 10 main roads
Six-wheeled vehicles including sand and gravel trucks and trailers are being prohibited from using 10 main thoroughfares in Vientiane for 10 days this month. The Vientiane Public Works and Transport Department announced the ban, which runs from 12-22 January to coincide with the 10th Party Congress. Keep ...
Champassak tourism continues to flourish
Champassak provincial authorities anticipate the tourism sector will double in the next five years, with visitor numbers expected to comfortably reach the goal of more than 500,000 this year after 400,000 last year. According to an official from Champassak Information, Culture and Tourism Department, recent figures ...
No bounce in Luang Namtha rubber price
The rubber price in Luang Namtha province has fallen continually since 2013 causing a large number of growers to plant other crops instead. The rubber price in the province is currently 3,000-3,500 kip per kilogramme, down from 4,000-4,500 kip per kg over the past year, an ...
Japan provides grant for bridge reconstruction
Japan International Cooperation Agency (JICA) has provided a grant of over 4.6 billion kip (70 million Japanese yen) for the detailed design component of the reconstruction of two bridges on National Road No. 9. The project will be carried out under a cooperation agreement between JICA ...
Dongmakkhai water treatment set to come on line
More Vientiane households in six districts of the capital will be able to make use of mains water supply early this year after the Dongmakkhai water treatment plant in Xaythany district was completed recently. The plant will go a considerable way to solving the water supply ...
Wastewater problem growing in Vientiane
Few households in Vientiane have installed treatment systems for their wastewater before it is discharged into drainage channels and collects in the city’s ponds and marshes. As it seems that many home owners in Vientiane don’t care about wastewater treatment or the quality of the water ...
Banks to issue more loans despite lower rates
Despite the fact that the Bank of the Laos recently declared a lower interest rate for deposits and loans, many banks in Laos believe the number of depositors and borrowers will not decrease in the years to come. ACLEDA Bank Lao Ltd. is one of several ...
India trade with Cambodia, Laos, Myanmar and Vietnam has potential
India’s trade relation with Cambodia, Laos, Myanmar and Vietnam (CLMV) countries has immense potential, and “connectivity” and “economic integration” with regional value chains were crucial in this regard, Union Minister Nirmala Sitharaman said on 12 January. Keep reading ...
Luang Prabang drawing more Chinese visitors
A large number of Chinese tourists are expected to visit Luang Prabang province this year and may constitute the largest number of all nationalities visiting the world heritage site. Last year most visitors to the northern town came from Thailand, with Chinese nationals ranking second. An official ...
