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Laos approves Tadsakoi hydropower plant

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 ...

Phetsamone Chandala
http://annx.asianews.network/content/laos-approves-tadsakoi-hydropower-plant-97988

Germany providing over 423b kip for rural, sustainable economic development

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 ...

Laos Planned Railways: Opening a National Rail Network in 2021

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 ...

Chris Devonshire-Ellis

Govt warned to manage growing debt

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, Cambodia vow to jointly resolve border dispute

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 ...

Vientiane Times

Lao inspectors uncover more than $216M lost to corruption incidents

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 ...

Asia News Network

Vietnam, Laos step up cooperation in military medicine

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 SEZ eyeing investment of over US$11 billion

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 ...

Souksamai Boulom

Laos, Thailand step up education cooperation

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 ...

Lao PM signs SME fund decree

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 ...

Ekaphone Phouthonesy
http://annx.asianews.network/content/lao-pm-signs-sme-fund-decree-104380

Tourism sector looking to boost its capacity

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 ...

Laos defends progress on child rights protection

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 ...

Times Reporters

82nd joint patrol on Mekong River concludes

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, Vietnam strengthen digital cooperation

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 ...

Phetphoxay Sengpaseuth

Laos proposes new Mekong hydropower project 

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 ...

Ekaphone Phouthonesy 

Parliament session opens, hails robust economic growth

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 ...

Souksakhone Vaenkeo

Japan injects 23b kip to promote education in Laos

The government of Japan recently provided more than 23 billion kip (JPY 310 million) through the Japanese Grant Aid for Human Resource Development Scholarship (JDS) for education assistance in Laos. The scholarship funds will be provided to government officials across the country to upgrade their knowledge ...

Vientiane Times

IMF unveils Lao economic projection

VIENTIANE (Vientiane Times/ANN) – The International Monetary Fund (IMF) has projected that Laos’ economic growth will remain strong this year, with the under-construction Laos-China railway seen as one of the main driving forces of growth.The global financial institution unveiled the economic forecast for Laos on ...

Ekaphone Phouthonesy

Indonesian embassy promotes Indonesian investment in Laos

Jakarta,  (ANTARA News) – The Indonesian Embassy in Vientiane held an investment forum to encourage Indonesian businessmen to invest in Laos, according to a statement from the embassy received by Antara here Tuesday.More ...

Yuni Arisandy

Fifth Lao-Thai Friendship Bridge over 30 percent complete

Construction of the fifth Lao-Thai Friendship Bridge linking Borikhamxay province to Bueng Kan province in Thailand across the Mekong River is now 32 percent complete. The project consists of two components: the first concerns the construction of the bridge across the Mekong River and the ...

Times Reporters

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