News

Billboard authorisation needs clarity

The allocation of responsibilities concerning the approval of billboards must be clarified under the law for more effective management of responsibilities by the Ministries of Information, Culture and Tourism, and Public Works and Transport, NA members have urged. The issue was a focus for National ...

Vientiane Times

Acceleration propelling mega-project development, PM tells legislators 

Mega-development projects with construction underway are being accelerated in an effort to bolster economic growth, Prime Minister Thongloun Sisoulith told the National Assembly (NA) recently. Presenting the socio-economic development report to the ongoing 5th Ordinary Session of the NA’s 8th legislature, the nation’s Head of ...

Souksakhone Vaenkeo

Ethnic schools need more funding for vocational training

More financial support is needed to fund vocational training and facility improvements in ethnic secondary schools, a minister told the National Assembly (NA) recently. More ...

Vientiane Times

Lao People Are Paying Too Much For Rice

Lao people are paying some of the highest prices for rice in the region despite the country being a significant rice producer, according to the recently released World Bank Economic Monitor on Laos. Rice is the country’s biggest agricultural commodity. The crop covers about 75% of arable land in the ...

The Laotian Times

Xayaboury-Thai road upgrade 35 percent complete

A project to lay asphalt on 10 kilometres of road between the Thongkarp junction and the Huaytong checkpoint in Xayaboury province, linking to Song Khwae district in Nan province, Thailand, is now 35percent complete. The progress was reported when the Xayaboury provincial Governor Mr Phongsavanh ...

Vientiane Times

LuxDev, partners review results of development programme

Government officials and international partners are reviewing the results of a development programme in Vientiane, Bokeo, Borikhamxay and Khammuan provinces, after one year of implementation. A meeting is taking place from June 20-21 to review and report on the progress and challenges of the project, ...

Vientiane Times

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

World Bank Economic Report: Formal Vs. Informal Financial Services

A World Bank report released last week reports that “informal” financial services continue to play an important role in the lending sector in Laos despite the fervent growth of legal micro-finance institutions (MFIs) around the country.More ...

The Laotian Times

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