Government

Amended law offers no exception to VAT charge

All enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday presented a draft of the amended Law on Value Added Tax to the ...

Ekaphone Phouthonesy

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

Compensation, construction date set for Vientiane-Boten expressway

Compensation has now been paid to some villagers affected by the planned construction of the Vientiane-Boten Expressway to link the capital with the northern province of Luang Namtha, which shares a border with China. The government and a Chinese company from Yunnan province will jointly develop ...

Souksakhone Vaenkeo

Laos, Vietnam vow to cement ties

Vice President Phankham Viphavanh and his visiting Vietnamese counterpart Dang Thi Ngoc Thinh yesterday agreed to work together to deepen the friendly relations, special solidarity and comprehensive cooperation between the two neighbours.More ...

Vientiane Times

NA debates draft law on central bank

The duties and structure of the Bank of the Lao PDR’s executive board were at the centre of debate at the National Assembly (NA) yesterday, with the aim of strengthening the bank’s management and preventing illegal financial activities.More ...

Vientiane Times

Smart card designed to regulate civil servants

The Ministry of Home Affairs is issuing ID cards for officials in various departments, which can be used for multiple purposes, notably to replace ATM and social security cards.  Designed to simplify life for officials, the new smart card is in line with the government’s ...

Somsack Pongkhao

New law sets public debt at not more than 25 percent of revenue

The government will be the only authority to determine the size of public debt, which must not be over 25 percent of annual state revenue. A debate by National Assembly (NA) members yesterday made this stipulation concerning the Law on Public Debt. Deputy Prime Minister ...

Vientiane Times

New law to provide proper settlement, jobs for displaced villagers 

A new law passed by the National Assembly (NA) on Friday will ensure the provision of new homes and permanent jobs for displaced villagers as well as those living in hardship areas, parliament members were told. Presenting the draft Law on Stability of Settlement and ...

Souksakhone Vaenkeo

Govt spends over 2.5 trillion kip on rural development

The government invested over 2 trillion kip in 1,600 projects relating to rural development and poverty eradication in 2016 and 2017, authorities in charge told the National Assembly (NA) recently. Assembly members and government officials are attending an ongoing ordinary session of the legislative body ...

Vientiane Times

Mongolia and Laos to improve inter-parliamentary cooperation

AKIPRESS.COM – Head of the Mongolia-Laos group in the Parliament, MP Yo.Baatarbileg received Laotian delegates led by Lao Deputy Minister of Agriculture and Forestry, member of the National Assembly of Laos, deputy director of the Laos-Mongolia group in the National Assembly Bounkhouang Khambounheuang, who is on ...

AKIpress editor

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