Vientiane Times/ANN

BEIJING (Vientiane Times/ANN) – President Bounnhang Vorachit has voiced the Lao government’s support for the China-led Belt and Road Initiative, saying the global project will help to transform Laos from being landlocked into a land link.Speaking at a session of the Second Belt and Road ...

VIENTIANE (Vientiane Times/ANN) – The government cabinet has agreed to revise the electricity unit price structure to lower the cost of electricity, as an incentive to boost investment and productivity.Cabinet members agreed on the move at their ordinary monthly meeting for April, which took place on ...

SAVANNAKHET, Laos (Vientiane Times/ANN) – The Lao government and the Korea International Cooperation Agency (KOICA) have kicked off the Project for the Establishment of Geospatial Data Infrastructure and Capacity Building for Development of Special Economic Zones in Savannakhet province.The over 51 billion kip (US$6 million) mapping project in ...

VIENTIANE (Vientiane Times/ANN) – Laos is planning to earn about US$48.2 million from livestock exports including cattle and buffaloes this year, representing an increase of 1.7 percent compared to last year’s figure.The country initially set a target of US$46.2 million for livestock exports last year ...

VIENTIANE (Vientiane Times/ANN) – The growth projection of Laos’ Gross Domestic Product (GDP) is forecasted to be 6.6 percent in 2019 and 6.7 percent by 2020, according to the latest update from the World Bank for East Asia and the Pacific.The key factor in the ...

VIENTIANE (Vientiane Times/ANN) – The United Nations Development Programme (UNDP) to Laos is allocating US$955,964 to improve the living conditions of people impacted by disasters around the country. The support is part of the “Building Capacities for Resilient Recovery” project from 2017-2021 in cooperation with the ...

VIENTIANE (Vientiane Times/ANN) – Young Lao and Chinese entrepreneurs have agreed to develop business relations between the two countries to provide more opportunities for trade, investment and economic development.The scheme was instigated by the Young Entrepreneurs Association of Laos (YEAL) and Puer Cohen Real Estate ...

VIENTIANE (Vientiane Times/ANN) – Laos is transforming itself from a landlocked country into a land-link within the region with numerous Mekong bridges, roads and other infrastructure being built to connect it with neighbouring Thailand, Vietnam, Cambodia, Myanmar and China.One of the notable projects playing a ...

VIENTIANE (Vientiane Times/ANN) – The inflation rate continued to rise in March, with the Lao National Statistics Bureau attributing the growth of the annual Consumer Price Index (CPI) due to rising food prices, and not the depreciation of the kip as many people believed.The statistics ...

VIENTIANE (Vientiane Times/ANN) – Gold mining processes used by the Vangtat Mining Company Limited in Sanxay district, Attapeu province, and Dakcheung district, Xekong province, have been upgraded with the signing of a new agreement.The agreement was signed in Vientiane on Monday between the General Director ...