News
Vietnam firm eyes transferring sugar mill in Laos
Hoang Anh Gia Lai Group has finally confirmed it is negotiating with Thanh Thanh Cong to transfer its sugar mill in Laos to TTC – both companies are giants in their field, Vietnam’s local media reported this week. TTC is known as the leading player in ...
Laos, Cambodia to benefit from new border checkpoint
A new international border checkpoint linking between the Nong Nok Khiene area in Khong district of Champasak province and the Trapeang Kriel area in Cambodia’s Stung Treng province is scheduled to officially open next month. In fact the border checkpoint has been open to the public ...
Growth to continue but economy faces significant risks
Economic growth in Laos will remain buoyant however the region still faces significant risks to growth, according to a new World Bank report. The outlook of the Lao economy remains favourable overall but with increasing downside risks GDP growth is projected to remain at around seven ...
Japan to help transform Laos
Japan and Laos have agreed on a joint plan to spur development in the landlocked Southeast Asian country during a meeting between their leaders. At their meeting held on the sidelines of the ASEAN summits here this week, Japanese Prime Minister Shinzo Abe and his Lao ...
Students gather for second model ASEAN meeting
Over 80 student delegates from ten ASEAN member states gathered in Vientiane yesterday for the Second ASEAN Foundation Model ASEAN Meeting to deliberate on issues related to labour immigration in the context of the ASEAN decision-making processes. The meeting was organised by the ASEAN Foundation in ...
Flood protection embankment to be built in Hadxaifong
Construction of a 30-km embankment along the Mekong River starting near the Lao-Thai Friendship Bridge in Vientiane will soon begin. The flood protection levy will run from the Vientiane-Nong Khai Friendship Bridge downstream through Huaymarkhia village to Dongphoudy and Thamuang villages in Hadxaifong district. The project, known ...
Cabinet mulls ways to boost investment in special economic zones
The government cabinet has been exploring ways to better facilitate and promote investment in Special Economic Zones, after many zones have been set up in the provinces and in Vientiane. The cabinet on September 26 convened an extraordinary meeting and discussed a draft of the Law on ...
Funds allocated for railway compensation awards
The government has allocated almost 5 billion kip for authorities to finance work in the payment of compensation to those who will lose land when the Laos-China railway is built. However, the actual payments will be carried out by the joint venture company that is ...
World Bank funds environmental protection projects
The Environment Protection Fund and the World Bank recently provided funding for the second phase of four environmental and social protection sub-projects in Laos at a cost of more than US$4 million. The first sub-project named Capacity Building for Pollution Control, Waste and Hazardous Chemicals Management ...
Poor quality rice mills limit exports to China
Only the IDP Rice Mill in Savannakhet province is able to produce rice of sufficient quality to meet the standard required by Chinese buyers. There are many rice mills around the country but they are inefficient and the finished product is of low quality. Based on ...
