Vietnamese conglomerates have been expanding business by stepping up investments in neighboring markets. However, the path has not been a bed of roses. Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the ...

The Ministry of Education and Sports will continue its cooperation with the UK government in furthering the development of the country’s education sector. During his visit to Laos, Mr John Virgoe, Head of the South East Asia Department the department responsible for UK government policy ...

Ministry of Finance and the World Bank on June 7 signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth. The agreement expects to benefit more people, especially the poor ...

With electricity exports to Thailand, Vietnam, Cambodia, Myanmar, Malaysia and even Singapore, Laos has arguably realised its ambition to be the battery of Southeast Asia. The bulk of these exports are from hydropower. Nearly 80 dams dot the landlocked country, and more along the Mekong River are in ...

VIENTIANE (Vientiane Times/ANN) – The government has given the green light to Tadsakoi Power Company Limited to build the Tadsakoi hydropower project in Sepon district, Savannakhet province.A concession agreement for the project was signed recently in Vientiane between Minister of Planning and Investment, Dr Souphan ...

The government of Federal Republic of Germany has agreed to provide grant aid of over 423 billion kip (EUR 45.8 million) for sustainable economic development, rural development and natural resources management in Laos.The financial and technical support by the German government extended to the Lao ...

At present, Laos doesn’t have any railways. However, that is about to change in 2021. China’s Foreign Minister Wang Yi met with his Laos counterpart  Saleumxay Kommasith last week in a virtual meeting to discuss progress on the China-Laos Economic Corridor. Both Governments have occasions ...

Economists have warned the government needs a long-term strategy for managing its burgeoning debt against obligations while it works on securing more efficient and additional revenue sources. At the moment, Laos requires 1,559 billion kip to meet its budget expenditure following revenue shortfall in the ...

Laos and Cambodia have agreed to work together to resolve the issue of their disputed border area as the two countries’ foreign ministers met for talks in Vientiane yesterday. Minister of Foreign Affairs and International Cooperation of Cambodia, Prak Sokhonn, was in Laos on a ...

Laos’ State Inspection Authority (SIA) has discovered that more than 2.24 trillion kip ($216 million) has been lost in incidents involving corruption, following investigations conducted over the past year. The authority said a huge amount of money had been misappropriated, consisting of 1.86 trillion kip, $24.88 ...

The first scientific symposium between the Vietnam Military Medical University and the Laos Military Medical University took place in Vientiane, Laos, on July 18. Keep reading ...

Boten Special Economic Zone (SEZ) in Luang Namtha province is anticipating investment of at least US$10 billion to fully develop the site, according to a zone representative. The zone borders on Bohan in Yunnan province, China, and is part of the rapidly-growing economic cooperation between Laos ...

Laos’ Ministry of Education and Sports will partner with Thailand’s Ministry of Education to increase cooperation in education with the aim of improving English teaching skills for Lao teachers. The plan was outlined on Monday when representatives of the two ministries met in Vientiane. The ...

VIENTIANE (Vientiane Times/ANN) – The government has issued a prime ministerial decree to establish a Small and Medium-Sized Enterprise Promotion Fund, hoping the intervention will boost business access to finance.Prime Minister Thongloun Sisoulith on September 4 signed the SME Promotion Fund decree giving a strong ...

The engagement of local authorities and investments will help the government boost the number of foreign travellers over the years to come, reports a senior tourism official. Deputy Director General of Tourism Development Department under the Ministry Information, Culture and Tourism Ms Phonemaly Inthaphom told ...

A Lao delegation has reaffirmed the government’s continued support for children’s rights through the development of regulations, education, health services, and other fields. More ...

The 82nd Mekong River joint patrol led by China, Laos, Myanmar and Thailand was concluded Friday afternoon at Guanlei Port in southwest China’s Yunnan Province. Eight vessels and 150 law enforcement officials from the four countries participated in the mission, which covered 560 km in ...

Laos and Vietnam have agreed to cooperate in the field of digital information technology after reaching an agreement in Vientiane on Tuesday at the Lao Blockchain Forum.More ...

Laos will undertake a prior consultation with Mekong River Commission (MRC) members over a new Mekong hydropower project, the MRC Secretariat announced this week. The Mekong River Commission Secretariat released a media statement on Thursday, saying that it had received an official notification from the Lao ...

The National Assembly (NA)’s fifth ordinary session kicked off yesterday, welcoming robust economic growth and highlighting the need to overcome challenges. Delivering the government’s report, Prime Minister Thongloun Sisoulith told the biannual session of the NA’s 8th Legislature that it was estimated economic growth in the ...