News

VIENTIANE (Vientiane Times/ANN) – Laos plans to invest about 44,347 billion kip of its budget or 26.80 percent of Gross Domestic Product (GDP) in 2019 to ensure the country’s steady economic growth. Of this amount, 4,359 billion kip, or 9.83 percent of the total, equal to 2.63 ...

VIENTIANE (Vientiane Times/ANN) – The government expects domestic and foreign private investment to climb to 23,086 billion kip in 2019, accounting for 52.06 percent of total investment or 13.95 percent of GDP.More ...

(KPL) The government agencies held a national consultation workshop to discuss the final draft of the Ministry of Industry and Commerce (MOIC)’s decision on the management and monitoring of timber input in wood processing and trade sector on Jan 10.More ...

Construction of a new hospital in Huaphan province to further cement the brotherly relations between Laos and Vietnam is now 25 percent complete.“Work on the hospital is making good progress and the building is 25 percent complete after construction began in June 2018. Completion is ...

Prime Minister Thongloun Sisoulith on Tuesday praised the country’s planning, investment and finance sectors and urged everyone to keep up their good performance.However, the prime minister said there were plenty of tough challenges coming up, for which everyone should be prepared.More ...

The government has approved a special budget of 500 billion kip (US$58 million) to repair public infrastructure that was damaged in last year’s floods, indicating that the remaining recovery work could soon begin. The Ministry of Planning and Investment unveiled the approved budget at the annual ...

(KPL) Flash flood damaged houses and farmlands in villages of Bounneua district and Phongsaly district of Phongsaly Province on Jan 8. Yet initial assessments by local authorities suggest that the damages were trivial. More ...

CHAMPASSAK (Vientiane Times/ANN) – Coffee growers in southern Laos are asking for government assistance to create a fund to support coffee bean processing and provide technical advice to local growers following the recent slump in the market price.Head of the Lao Coffee Association, Mr Sivixay ...

The government of Cambodia is still waiting for Vientiane’s Terms of Reference (ToR) to proceed with the delivery of a joint letter requesting that the French government supply maps and other related documents to settle a border dispute with Laos, Ministry of Foreign Affairs and ...

Earlier this week, Lao announced a year-long plan to draw more Chinese tourists to the country through its Visit Laos-China Year 2019. The campaign is expected to be launched either late January, or during the Chinese New Year week-long holiday between 2 to 9 February. ...