Lao Govt on track to achieve revenue collection target
The government is on track to achieve 49 percent of its annual revenue collection plan by the end of this month despite facing a number of economic challenges, according to a new official report.The Minister of Planning and Investment, Dr Souphanh Keomixay, this week unveiled ...
Ekaphone Phouthonesy
Laos, Hungary team up to improve food safety
VIENTIANE (Vientiane Times/ANN) – Laos and Hungary signed an agreement last week to further strengthen their cooperation in food safety.The agreement was signed during a visit to Hungary by Deputy Prime Minister Dr Sonexay Siphandone, who is also Minister of Planning and Investment, according to ...
Times Reporters
Cambodia Floods Not Caused by Lao Dam Failure: MRC
Reports by the Mekong River Commission (MRC) show that the floodwaters from the Lao dam collapse didn’t have a major effect upon Cambodia when compared to ordinary rainfall. Initial and preliminary analysis for the extent of the water level rise in Stung Treng due to the ...
Laos Sees a Trade Deficit of USD 23 Million in December
According to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the trade deficits of USD 45 million and USD 230 million reported in November and October, respectively.The overall value of trade hit USD ...
Phontham Visapra
Bank of Laos offers new savings bond investment opportunity
VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL) yesterday announced the sale of US dollar savings bonds, offering new investment opportunities and attractive returns.According to a press release obtained by the Vientiane Times from the central bank’s website, the US dollar denominated ...
Ekaphone Phouthonesy
http://annx.asianews.network/content/bank-lao-offers-new-savings-bond-investment-opportunity-105363
Lao Authorities review results and progress toward SDGs implementation
More than 70 government officials gathered in Vientiane yesterday to review results, progress and challenges in the implementation of the Sustainable Development Goals (SDGs) for the 2018-2019 fiscal year.The annual meeting of the National Steering Committee for Sustainable Development Goals Implementation in Laos until 2030 ...
Siladda Souliyong
Laos govt commits to further reform, improved business climate
The government has committed to continued efforts in improving the nation’s business climate as it plans to diversify the economic base and secure sustainable growth.More ...
Keoviengkhone Bounviseth
Foreign worker registration progressing in Laos but challenges remain
VIENTIANE (Vientiane Times/ANN) – While authorities have made some progress Laos still faces challenges in addressing the problem of foreign workers who don’t have legal documentation.Minister of Labour and Social Welfare, Dr. Khampheng Saysompheng, made the comment at a recent meeting addressing the issue of ...
Phetphoxay Sengpaseuth
Special activities needed to boost bookings in Laos : hotelier
VIENTIANE (Vientiane Times/ANN) – More clean and green services and interesting tourist activities are key factors to sustain hotel and guesthouse bookings into the future after recent fluctuating fortunes.While service is not such an issue for firms engaged in the hotel industry, inconsistent bookings are ...
News Desk
Provinces record mixed visitor numbers over Lao New Year
Provinces across the country reported mixed results in the number of visitors over Lao New Year (Pi Mai Lao) with some places attracting more than last year while other locations saw a dip in tourist numbers.Head of the Vangvieng district Information, Culture and Tourism office, ...
Siladda Souliyong
Thai company targets slice of Lao construction materials market
VIENTIANE (Vientiane Times/ANN) – As the Lao economy continues to record impressive annual growth of 6 percent to 7 percent, numerous foreign firms in the construction materials sector are now keen to expand their operations.The Lao government is currently working to improve the business environment ...
News Desk
Displaced Villagers in Laos Still Waiting for Railway Compensation
Many Lao villagers who were forced to relocate for construction on the Laos-China railway are still waiting for compensation from the government, while others who have received payments say the payments are much lower than they had expected.The railway project linking landlocked Laos with China ...
RFA’s Lao Service
https://www.rfa.org/english/news/laos/lao-china-railway-compensation-delay-07162019170632.html
Laos Stops Chinese-backed Tourism Development After Villagers Complain
A Chinese development project in Laos has been suspended indefinitely after pushback from local villagers and merchants.In mid-January, developers had begun initial surveys in Phoudindeng, Huai Sa-ngoa and Pakpo villages, located near scenic Vang Vieng, about four hours north of Vientiane.More ...
RFA’s Lao Service
Ministries provide free vaccinations on World Rabies Day
The Ministry of Agriculture and Forestry, Ministry of Health and representatives of United Nations agencies gathered last week to vaccinate pets against rabies, to mark World Rabies Day which falls on September 28.The vaccinations, under the theme of this year’s global event “Rabies: Vaccinate to ...
Phomphong Laoin
SK E&C’s attempts to cut costs led to design changes that resulted in collapse of dam in Laos
SK E&C attempted to earn excessive profits with changes to the format and design of a dam in Laos that eventually collapsed last July, an internal document confirmed on Oct. 14. Indeed, the heights of the collapsed dam and other auxiliary dams handled by SK ...
Seo Young-ji
Laos, Hungary to mutually waive visas for diplomats
VIENTIANE (Vientiane Times/ANN) – Laos and Hungary will waive the visa requirement for each other’s diplomatic or service passport holders as of September 9, allowing passport holders from either country to stay in the host country for a period of 90 days without a visa.The ...
Times Reporters
http://annx.asianews.network/content/laos-hungary-mutually-waive-visas-diplomats-103347
New agreement gives boost to gold mining in Laos
VIENTIANE (Vientiane Times/ANN) – Gold mining processes used by the Vangtat Mining Company Limited in Sanxay district, Attapeu province, and Dakcheung district, Xekong province, have been upgraded with the signing of a new agreement.The agreement was signed in Vientiane on Monday between the General Director ...
News Desk
Lao, Singaporean student gathering exchanging knowledge, promoting understanding
National University of Laos (NUOL) students and 30 young leaders of Singapore are participating in the Temasek Foundation International Specialists’ Community Action and Leadership Exchange (TFI SCALE) Programme in Vientiane from September 7-21.The Lao students, senior officers, staff and students from Ngee Ann Polytechnic of ...
Sangkhomsay Bubphanouvong
Timor-Leste values Laos’ support for proposed Asean membership
VIENTIANE (Vientiane Times/ANN) – Timor-Leste highly values the support shown by Laos for the country’s application for Asean membership and is also seeking to broaden cooperation with Asean members in the Mekong sub-region.The country’s Minister of Foreign Affairs and Cooperation, Mr Dionisio da Costa Babo ...
Somxay Sengdara
http://annx.asianews.network/content/timor-leste-values-laos%E2%80%99-support-proposed-asean-membership-98315
Nam Theun 1 Hydropower Board confirmed that the leakage of the dam does not affect the dam and is still 100% safe.
Recently, the society is paying attention to the Nam Theun 1 hydroelectric dam and there is concern about the subsequent problems regarding the various dam breaks because there is news that people have found that Nam Theun 1 dam has seeped water. In response to ...