Laos, China cooperate on media development
The Lao and Chinese governments have agreed to further cooperate on media development to celebrate the 10th anniversary of the establishment of China Radio International, broadcast in Laos on FM 93Mhz. The two countries have agreed to partner in various projects including the Lao National ...
Laos-Thailand railway link set for expansion next year
Phase II of the Laos-Thailand railway, which will see the line extended from the suburbs to central Vientiane, is set to resume after the project was suspended in 2011. The line will be built over a distance of 7.5km to link the track from the ...
PM supports chamber for highest business role
Prime Minister Thongloun Sisoulith has expressed his full support for the Lao National Chamber of Commerce and Industry to serve as the highest body in the mobilisation of potential for the country’s development. The PM offered his support in response to the proposal of the ...
PM Thongloun Pushes Laos-made at China International lmport Expo in Shangha
Laos’ Prime Minister Thongloun Sisoulith was in China’s major economic city Shanghai pushing the Made-in-Laos message as the country’s policymakers and entrepreneurs seek to leverage increased connectivity to the massive consumer market on its doorstep at the China International Import Expo.More ...
Laotian Times editor
Govt appoints taskforce to address fuel crisis, skyrocketing prices, foreign currency shortfall
The government has formed a new taskforce to address the fuel crisis, the spiralling price of consumer goods, and dwindling foreign currency reserves.The move comes as Laos battles a damaging fuel shortage in the wake of the depreciation of the kip. The unfavourable exchange rate ...
Souksakhone Vaenkeo
Maximising the benefits of Visit Laos-China Year
VIENTIANE (Vientiane Times/ANN) – Lao and Chinese authorities are drawing up detailed plans for activities during Visit Laos-China Year 2019, the first time Laos has partnered with another country in such an event.It seems that this initiative is widely welcomed, especially by tour and service operators. ...
Souksakhone Vaenkeo
Laos Government to Resolve Debt, Fuel, Currency Crises
The commitment to stabilizing the economy was one of 13 issues the cabinet identified as requiring immediate attention during a two-day open government meeting that ended on Friday.The government resolved to use various means to try to solve the problem of public debt, especially debt created by ...
Latsamy Phonevilay
Lao children’s book coming this fall
Sahtu Press recently announced the forthcoming release of a new Lao American children’s book this fall entitled “Mommy Eats Fried Grasshoppers” marking a debut by Vilayvanh Bender and the second book by Lao American artist Nor Sanavongsay.More ...
AANEWS
Lao Samsung Electronics Partners with WFP to Assist Deaf Students
Lao Samsung Electronics in cooperation with the World Food Program has created educational opportunities for deaf and speech-impaired students, equitable with the general public, through technology.Because education and nutrition are important for everyone in society and everyone has the right to access these basic necessities, ...
Laotian Times
Govt approves Bokeo-Boten expressway linking China, Thailand
Construction of the 176.3km expressway is expected to cost US$3.8 billion. It will enable vehicles to travel at 80km per hour and will cut the travel time between Boten and Huayxai to just one and a half hours. The expressway runs for a distance of 440km ...
Times Reporters
Half of track now laid for Laos-China railway
Luang Prabang province: Half of the track needed for the Laos-China railway has been laid over a distance of 240 kilometres, between Vientiane and Luang Prabang province.Keep reading . ...
Phomphong Laoin
Inflation in Laos Reaches 22-Year High as Economic Crisis Worsens
Inflation continues to spiral out of control in Laos, with the country’s Statistics Bureau announcing this week that the country’s year-on-year inflation had risen to a 22-year high of 23.6 percent in June. According to a report in the state-run Vientiane Times, the consumer price index ...
Sebastian Strangio
Inflation rate closes in on two digits
The year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016, according to the latest report from the Lao Statistics Bureau. The consumer price index jumped at its fastest pace in recent months, further putting the squeeze ...
Souksakhone Vaenkeo
Geothermal Power to Generate Over USD 600 Million Annually for Laos
The Lao Development and Investment Co., Ltd. (LDIC), the Canadian GEIOS Company and the Wealth Power Group of Vietnam (WPC) have recently signed a joint venture agreement in Vietnam on a geothermal energy development project in Laos. By signing a cooperation agreement on 23 June ...
Manyphone Vongphachanh
Vietnam to buy more electricity from Laos amid projected energy shortage
Vietnam is keen to import more electricity from Laos to address its projected energy shortages, according to a senior official.Deputy Minister of Energy and Mines Dr Daovong Phonekeo told Vientiane Times on Wednesday that Vietnam is purchasing electricity from energy plants built by Lao and Vietnamese investors.“From ...
Times Reporters
January inflation rate soars to new high of 40.3 percent
Year-on-year inflation in Laos jumped to 40.3 percent in January, the highest rate in 23 years, according to the latest report from the Lao Statistics Bureau. The government is attempting to curb the rising cost of goods and services but prices are showing no signs ...
Somsack Pongkhao
Laos’ Surging Inflation a Cause for Concern
Inflation in Laos is set to move beyond a six-year high, jumping from 6.25 percent in January to 7.3 percent in February, according to the Lao Statistics Bureau. While the government had set a target of at least 4% annual GDP growth from now through 2025, ...
Latsamy Phonevilay
Laos prepares for face-to-face EU FLEGT, VPA negotiations
The Forest Law Enforcement Governance and Trade technical working group on December 15 met in Vientiane to discuss finalised key parts of the draft timber definitions to be submitted to the European Union by the end of this month. The submission is crucial preparation for ...
Lao gov't gets ready for opening of China-Laos railway in 2021
VIENTIANE – Officials from the Lao Ministry of Public Works and Transport and other sectors are learning about railway operations from Chinese experts in Lao capital Vientiane to prepare for the opening of China-Laos railway in 2021.The final railway technology training course is taking place ...
Xinhua News
Lao Airlines’ earnings nosedive by 70 percent in 2020
Lao Airlines’ earnings plummeted by 70 percent last year compared to 2019 as result of a sharp drop in passenger numbers due to the Covid-19 pandemic.The figure was reported at a recent meeting of the airline’s sales representatives and related parties. The meeting was held ...
Souksamai Boulom