News

PM reveals measures to bolster economic growth

Prime Minister Thongloun Sisoulith told the National Assembly that the government will employ a number of measures to spur economic growth amid the current economic and financial constraints. The prime minister on October 31 responded to questions raised by Assembly members about stimulus measures and policies the ...

NA members want tougher oversight on chemical use

National Assembly members have proposed that the government impose tougher measures in managing the distribution and use of dangerous chemicals so they can be brought under control. NA members expressed their wish on October 31 when debating the NA’s Standing Committee oversight of social and environmental ...

VN, Myanmar to enhance political-diplomatic ties

Việt Nam and Myanmar have agreed to further enhance political and diplomatic ties via increasing all-level visits and contacts through Party, government, State, National Assembly channels and people-to-people exchange. The agreement was reached during talks between President Trần Đại Quang and Myanmar President Htin Kyaw following ...

Govt seeks to increase bank deposits to 84 percent of GDP

The government has announced its intention to increase deposits in commercial banks to 84 percent of Gross Domestic Product by 2020, up from the 57 percent expected in 2016, in a bid to meet growing development needs. Governor of the Bank of the Lao PDR, Mr. ...

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