Smart City Project Tops Agenda At Monthly Gov’t Meeting
A plan to create “smart” and “eco” cities in Luang Namtha, and Oudomxay provinces topped the agenda at the government’s monthly meeting
Read MoreA plan to create “smart” and “eco” cities in Luang Namtha, and Oudomxay provinces topped the agenda at the government’s monthly meeting
Read MoreThe Vientiane Traffic Police Department is warning motorists to take steps to protect their vehicles following a spate of car burglaries
Read MoreThe Vientiane Water Supply State Enterprise has placed pumps in the Nam Ngum river to feed the Dongmakkhai water treatment plant in Xaythany district
Read MoreThe United Nations Conference on Trade and Development (UNCTAD) will encourage development partners to maintain their assistance to Laos for a while after the nation graduates from Least Developed Country status.
Read MoreChina has become a major player in the railway industry and, as a result, many countries — including Thailand — are working with China to develop their own high-speed rail networks.
Read MoreThe first two of five planned large-scale Lao dams on the Mekong river are set to go online before the end of this year, amid controversy over their impact on the environment and people’s livelihoods.
Read MoreOn behalf of the Lao Government, the Ministry of Planning and Investment and PetroTrade signed a memorandum of understanding on October 15 to study and complete a detailed design of the railway.
Read MoreA crackdown on sugar smuggling into China has left abundantly supplied markets in Asia and beyond struggling to absorb excess supplies, causing a wider storage problem for global markets.
Read MoreThis year’s boat races will take place on a stretch of the Mekong River near the Landmark Mekong Riverside Hotel, in a change of plan announced on Thursday.
Read MoreLao Telecommunications Public Company (Lao Telecom) has begun tests of the new 5G technology, the much-touted high-speed fifth generation communication network.
Read MoreThe majority of Lao people eat sticky rice and it is the main staple of the Lao population throughout the country.
Read MorePeople in Luang Prabang province’s Nambak district are fearful after a local elderly resident, Mr Khamkeo Sorpaseuth, was killed when he accidentally unearthed a BLU26 bombie recently.
Read MoreThe government has become a party to the United Nations Convention on Contracts for International Sales of Goods, hoping to use the law to protect its international trade interests.
Read MoreThe Bank of the Lao PDR has announced that it will issue a 2015 version of the 500 kip banknote. It is giving advance notice of the circulation of the new banknote in a bid to prevent doubts about the validity of the currency.
Read MoreThe government has approved the sale of 2,000 tonnes of stockpiled rice to bring down the high market price after a shortage of supply meant the price of rice rose by over 20 percent above normal.
Read MorePet vaccination will be conducted for free of charge at the Chao Fa Ngum Park in Vientiane Capital on Sep 27 from 8:00 am to 5:00 pm.
Read MoreLao economic growth will remain moderate in 2019 and 2020, as expansion in the industry and services sectors softened in the first half of 2019 due to fewer international visitor arrivals
Read MoreUNDP’s vehicle for fast-tracking development solutions harvests local expertise, identifies grassroots innovations and taps into a global network
Read MoreNearly 80 percent of the construction of the China-Laos railway has been completed,
Read MoreThe 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.
Read MoreChampassak police reported on Tuesday that a suspect accused of spreading misinformation on Facebook Live about the government’s recent flood relief efforts in southern provinces has confessed to her crime.
Read MoreTwo people have died and two others are missing, while more than 54,000 households in six provinces have been affected by storms that have caused widespread flooding.
Read MoreThe cabinet has named the management of currency exchange as one of its top priorities in the coming months, as the gap between the official and market exchange rates widens.
Read MoreTropical storm Podul is on track to lash northern, southern and central areas of the country and everyone should be on the alert for heavy rain and winds due to storm activity from August 29 to September 1.
Read MoreA recent incident has once again reinforced the border management challenges that remain for the two countries.
Read MoreThe first digital forensics laboratory in Laos opened at the General Police Department of the Ministry of Public Security.
Read MoreIs Laos on the edge of an economic boom, or a bust?
Read MoreThe Bank of the Lao PDR (BoL) should not merely issue warnings to money changers who break the currency regulation rules
Read MoreIf climate change trends continue and if population continues to increase, water conflicts will probably be an aspect of our future.
Read MoreThe Lao government will try to sell more domestic bonds in the local currency in an attempt to address the fiscal deficit and strengthen the national capital market.
Read MoreMyanmar and Lao PDR look to be the biggest winners of an ASEAN plan to boost connectivity with a series of infrastructure projects.
Read MoreSource: Japan Times Lao Airlines said Thursday it is planning to launch regular flights in November connecting the Laotian capital
Read MoreA UN Office of Drugs and Crime report released last week states that the methamphetamine trade is now worth between US$30-61 billion per year in East and South East Asia, Australia, New Zealand and Bangladesh.
Read MoreGovernment authorities in Laos have ordered the administrators of news outlets carried on Facebook and other social media platforms to register their accounts or face jail time and fines
Read MoreThe Mekong River’s extremely low level of water caused by upstream hydropower dam projects has triggered the death of masses of fish and heightened the risk of mass extinction of aquatic life
Read MoreLaos is facing an outbreak of the most virulent form of the dengue virus this rainy season.
Read MoreThe injection of bank credit into the economy continues to slow despite government measures to improve the investment climate for the private sector.
Read MoreLaos has steadily faced a higher Inflation rate over the past five months after being pressed by several economic factors.
Read MoreThe United Nations Educational, Scientific and Cultural Organisation (UNESCO) on Saturday added the Plain of Jars in Xieng Khuang province to its list of World Heritage Sites.
Read MoreVillagers living near the Mekong River in Thailand and Laos are finding it difficult to cope with sudden releases of water from dams upstream in China.
Read MoreThere is growing concern about the strengthening of the Thai baht and US dollar against the Lao kip.
Read MoreLandlocked, secretive and with ungovernable borders, Laos has become a sluice for transporting Made-In-Myanmar meth to the drug hungry markets of Southeast Asia and Australia, where billion-dollar seizures are now being made.
Read MoreThe business environment is expected to improve dramatically in the coming years as the government intensifies action to better facilitate business
Read MoreThe new China-Laos railway is spanning the Mekong River and drilling through mountains. So far, many local Laotians are seeing more trouble than benefits from the project.
Read MoreWith the exception of Singapore, none of the ASEAN countries are doing so well in terms of providing a great place for their children to live in.
Read MoreSome 1,285 people have been found to be involved in corrupt practices, defrauding the government of 999 billion kip
Read MorePM Thongloun pushes back against warnings over infrastructure burden
Read MoreThe energy and mining sector is trying to cut electricity prices so that power is affordable for local residents and businesses.
Read MoreThe private sector in Laos is optimistic that trade and investment will be made easier by the public sector following the application of international evaluation standards.
Read MoreThe number of visitors to Laos from high-end and target countries declined significantly in the first three months of this year compared to the same period in 2018, a recent report reveals.
Read MorePoor construction methods, with soil used in place of concrete, caused a fatal hydropower dam collapse last year in Laos, a panel of water experts has concluded, prompting a rejection of its findings by the South Korean firm that built the project.
Read MoreFinally, a visa category specifically designed for those foreigners who had made the serious and time-consuming commitment to marry a Lao National
Read MoreSource: Vientiane Times The government is planning to expand Vientiane’s Wattay International Airport to meet the growing need for passenger
Read MoreThe Lao government has disciplined more than 200 officials involved in taking bribes or embezzlement in recent months as part of a bid to crackdown on rampant corruption in the Southeast Asian nation, but few have been held criminally accountable for their actions.
Read MoreThe Department of Radio Frequency under the Ministry of Post and Telecommunications continued discussions on a roll-out of the 5G network in Laos with internet service providers yesterday.
Read MoreThe Ministry of Industry and Commerce has announced an increase in fuel prices across the country in line with changes in the global oil prices.
Read MoreThe 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.
Read MoreSeven major banks in Laos signed a memorandum of understanding on April 22 to establish the Lao National Payment Network (LAPNet) company for a faster, reliable and more convenient payment system.
Read MoreIn Laos, newly-empowered consumers are basking in the benefits of the polymer industry without knowing the consequences of their consumption on marine ecosystems.
Read Moren recent weeks, the Government of Lao PDR (GoL), has received a visit from a UN Special Rapporteur (SR), who holds a mandate on extreme poverty and human rights.
Read MoreEconomic growth in Laos is expected to remain stable this year and next, supported by the expanding agriculture, energy, industry and services sectors, says a new Asian Development Bank (ADB) report.
Read MoreVientiane Public Security Headquarters announced eight regulations, aimed at maintaining social order during Lao New Year (April 14-16).
Read MoreThe economic growth rate of Laos is high compared to neighbouring countries and some regional peers, however, this has not seen poverty reduction in the country.
Read MoreUN Special Rapporteur on poverty and human rights plans to refer the reclusive authoritarian nation to the UN Human Rights Council for a host of abuses and failings
Read MoreAs many as 1,225 state investment projects have been implemented unlawfully over the past years, the Government Inspection Authority (GIA) reported this week.
Read MoreAir pollution levels of particulate matter that are 2.5 micrometres and less in diameter (PM2.5) have returned to safe levels after a few days of rainfall.
Read MoreThe 414km railway from Yunnan’s provincial capital of Kunming to the Laotian capital of Vientiane would cut travelling time to three hours, from three days
Read MoreIndustries that produce pollution may have to pay more taxes now that the Lao government has embraced the National Green Growth Strategy.
Read MoreSource: Vientiane Times The Lao banking sector is working to improve regulations and update preparations for implementing the Basel II
Read MoreSource: RFA Seven high-ranking current or formal officials in Laos’ Vientiane province have been warned and publicly identified for their
Read MoreSource: Vientiane Times Wildfires in Laos and neighbouring countries are causing dangerous levels of air pollution in many regions of
Read MoreSource: Vientiane Times Germany has pledged to increase assistance to Laos for the development of agriculture and the processing industry,
Read MoreAuthorities are warning people to exercise caution when lighting fires outdoors, as well as highlighting the dangers posed by household electrical faults.
Read MoreThe Lao government has announced the temporary suspension of pig and pork product imports from China and Vietnam after African Swine Fever outbreaks in these countries.
Read MoreLaos is one of the Southeast Asian nations that may benefit from the ongoing trade dispute between the US and China, but the government should also take steps to improve the investment environment.
Read MoreAn innovative project to utilise Laos’ elephant experts in service of protecting the country’s natural treasures is waiting on just one thing – government approval
Read MoreSales of illegal animal products shifted away from shopfronts in Laos and are surging on the Chinese social media platform WeChat
Read MoreWorkers have the legal right to require their employers to ensure occupational health and safety, a new governmental decree stipulates.
Read MoreLarge fines meted out by authorities on slow paying vehicle owners are forcing more to pay their road tax on time and helping to fill the government’s coffers
Read MoreThe government has given the green light for state agencies to revoke land concession licences held by investors who fail to develop state land in accordance with agreements.
Read MoreAOS is developing a strategic plan to become the network centre for a regional electricity transmission system by 2025.
Read MoreEducation authorities have given approval for some private colleges to raise their status to private education institutes so they can recommence bachelor and higher level courses.
Read MoreLao Prime Minister Thongloun Sisoulith has asked the country’s Ministry of Home Affairs (MoHA) to take prompt action to streamline the apparatus of state organisations so as to improve the performance of officials and public employees.
Read MoreLAO authorities have reduced import tariffs on 8,536 items to zero as part of national efforts in establishing the Asean Free Trade Area, according to a government report.
Read MoreLaos is now actively working to improve the business environment and facilitate trade as part of supporting the government’s policy to improve the ease of doing business.
Read MoreThe Bank of the Lao PDR must introduce more concrete measures to keep the value of the kip stable, otherwise the country will face a big challenge in keeping the cost of living at an acceptable level
Read MoreRecent arms deals with Russia offer Laos few gains. Instead, the republic risks becoming a battleground for Russia and China to compete for influence.
Read MoreCambodia, Laos, Myanmar and Bangladesh are the lowest ranked Asian countries in the ease of doing business report
Read MoreLaorealestate.la, in partnership with the Lao National Chamber of Commerce and Industry (LNCCI) and Laos’ leading online marketplace, www.yula.la, is excited to announce it will be hosting the country’s first real estate investment expo at Don Chan Palace Hotel on Friday & Saturday, the 1st and 2nd of March, 2019.
Read MoreThe Ministry of Natural Resources and Environment has been keeping a close eye on air quality in Vientiane as Bangkok suffers high pollution levels.
Read MoreThe key important points to note from the Amended Law on VAT are summarized in this alert.
Read MoreEmployers in Laos will be subject to legal action if authorities discover they are failing to pay their workers the minimum wage.
Read MoreLaos will have the opportunity to host the 16th ASEAN School Games for the very first time in its capital Vientiane in 2024, Lao sports authorities said.
Read MoreThe Central Committee of the Lao People’s Revolutionary Party recently adopted core and urgent measures to drive the macro economy which is currently encountering some difficulties.
Read MoreThe price of rice dropped at the end of last year in Laos with farmers managing to supply enough rice even after their crops were hit by floods.
Read MoreThe Department of Tax has launched a system that ensures land tax payment is bank-based, safe, and fast.
Read MoreThe Lao government expects domestic and foreign private investment to climb to 23,086 billion kip (over 2.72 million U.S. dollars) in 2019
Read MoreMore than 73 kilograms of ivory products were confiscated from a souvenir shop in Luang Prabang province recently and the foreign owner detained for suspected trading in elephant ivory.
Read MoreLaos has announced plans to draw more Chinese tourists to the landlocked country that stands at the heart of the Mekong Region.
Read MoreLaos, China, Myanmar and Thailand will soon come together to boost measures against drug trafficking, following the worsening situation in …
Read MoreImproving the investment climate, and building a state governed by the rule of law will be the main focus of government activities in the first month of 2019.
Read MoreThe government of Laos says it has been ramping up its efforts to battle corruption over the past two years, but NGOs say that the situation in Laos is getting worse.
Read MoreLaos has not fully benefited from the recent regional economic integration as its share of trade with ASEAN nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank.
Read MoreConstruction of buildings to house the new Mahosot Hospital in Vientiane started on Friday to replace the existing century-old facility as part of efforts to overhaul the country’s health services.
Read MoreLaos will close its “Visit Laos Year 2018 promotion well short of the 5 million tourist arrivals target
Read MoreThe government has told the National Assembly (NA) that Laos needs to have an electronic signature law in place to boost E-commerce and facilitate E-governance.
Read MoreThe National Assembly has approved the Brou as an official ethnic group of the Lao PDR. As a result, the country now has 50 ethnic groups.
Read MoreThailand’s government is considering a proposed Life Partnership Bill, which would guarantee same-sex couples rights similar to couples in traditional marriages, including the use of one’s spouse’s surname, property rights and the right to end the partnership.
Read MorePrivate investment prospects in Laos remain robust despite the nation’s drop in ranking on the World Bank’s Ease of Doing Business Index, according to a government report.
Read MoreChemicals released into a river by a Chinese-owned banana farm near the Lao capital Vientiane killed over 300 kg of fish in November, prompting warnings by authorities to local villagers not to bathe or fish in the polluted stream, sources in the country say.
Read MoreTHE TAP-WATER business in Laos’ top tourist destination Luang Prabang has enormous potential for growth due to the rapid expansion of tourism, a high-speed rail project in the works and high demand for water utilities across the country, according to Exim Bank and Thai investors in Laos.
Read MoreA new project is underway at the Lao Tropical and Public Health Institute to improve the treatment of bile duct cancer in Laos and reduce the number of fatalities.
Read MoreTwo Chinese-owned cement factories in the Vang Vieng district of Laos’ Vientiane Province are covering approximately 900 local families in at least four villages with dust and smog, threatening their health, local sources say.
Read MoreA court in the Lao capital Vientiane today handed 15-year prison terms to the owners of a company accused last year of defrauding investors of thousands of U.S. dollars in personal savings, a Lao source says.
Read MoreSmall and Medium Sized Enterprises (SMEs) in Laos must prepare for a new challenge when the government enforces the Law on Value Added Tax (VAT) next year.
Read MoreThe government is planning to purchase foreign currencies from various sectors as part of measures to boost foreign reserves, according to a government leader.
Read MoreThe Lao government will cut the annual quota of new civil servants from 3,000 people this year to 1,500 people next year to ease its budgetary burden, Prime Minister Thongloun Sisoulith told the parliament on Tuesday.
Read MoreThe revenue earned from taxes has increased massively since the government introduced an online payment system.
Read MoreThe department’s Deputy Director General, Mr Bounteng Symoun, told Vientiane Times the operators of drones that weigh one kilogram or more must obtain a certificate from the Radio Frequency Department.
Read MoreThe free trade zone will also be a way for Thailand and the Mekong countries to profit from China’s flagship Belt and Road initiative.
Read MoreAuthorities should address issues that are a source of annoyance for tour operators and tourists, to ensure better conditions for visitors during Visit Laos-China Year 2019 and beyond, tour operators say.
Read MoreThe border gate between Myanmar and Laos has been upgraded and given international status, according to the Ministry of Labour, Immigration and Population.
Read MoreThe iTWIN-JAPAN/LAOS Project, which aims to strengthen the capacity of law enforcement and border security agencies, was launched by INTERPOL on Thursday.
Read MoreThe Vientiane State Bus Enterprise (VSBE) has doubled bus fares for students commuting on Thangon, Dongdok and Phontong-Dongdok routes.
Read MoreThat is the claim of a Stanford University engineering expert who has scientifically analyzed the site of the disaster that likely killed hundreds of Lao villagers
Read MoreUNDP’s annual statistical update points out challenges and successes
Read MoreLater this week, Vietnam, Laos, and Cambodia will hold the first iteration of a new trilateral border exchange between them in Vietnam.
Read MorePrime Minister Thongloun Sisoulith has urged the Bank of the Lao PDR (BOL), the nation’s central bank, to pay serious attention to implementing Order No. 02/PM on improving the climate for doing business.
Read MoreAsia and Europe should strengthen cooperation to narrow the development gap that remains wide, Laos has told the 12th Asia-Europe Meeting (Asem12) in Brussels, Belgium.
Read MoreSouth Korean lawmaker and liberal newspaper allege that SK E&C altered original plans to maximize profits
Read MoreThe Lao inflation rate continued to increase above 3 percent in September despite the government introducing a number of measures to control the price of goods in local markets.
Read MoreChinese economic development strategies need fine-tuning
Read MoreA meeting will be held this week in Xieng Khuang province to report on the progress made for the consideration of the Plain of Jars (Thong Hai Hin) as a potential UNESCO World Heritage Site.
Read MoreLao Airlines has shifted its primary focus from searching for a business partner to improving service in a bid to make the national flag carrier more competitive
Read MoreScientists are racing to stamp out the disease in southeast Asia before unstoppable strains spread.
Read MoreAuthorities need to reduce the regulatory burden or “red tape” that businesses face in conducting their activities due to rules and regulations so that their compliance costs can be cut to increase their efficiency.
Read MoreSources at the friendship bridge said there were no exceptions and the tax applied to all foreigners regardless of their travel documents, include foreigners who are resident in Laos.
Read MoreLao firms and households are expected to benefit from a new US$13-million project, which will promote reforms to the business environment, for instance reducing the number of days needed to start a business.
Read MoreAlmost forgotten but on the brew for years the much talked about tourist tax was quietly introduced at all of Lao PDR’s border checkpoints 1 October.
Read MoreNatural disasters coupled with global economic and political uncertainty have had a direct impact on the implementation of the 8th Five-Year National Socio Economic Development Plan (NSEDP 2016-20), according to a senior government official.
Read MoreLao Airlines welcomed a significant leadership change yesterday that comes as the government moves to transform the state-owned enterprise into a more efficient and competitive one.
Read MoreVientiane Airport has doubled the size of its international terminal, supporting a Laotian initiative to boost tourism. Laos expects Vientiane’s international passenger traffic to double over the next five years, driven by a rapid increase in visitor numbers.
Read MoreSource: The Asean Post Last July, Lao witnessed a catastrophe when the Xe-Pian Xe Namnoy dam located on the Xe
Read MoreLaos will conduct a population census in 2020 to provide updated information for indicators, baselines and targets to be incorporated in the 2021-2025 National Socio-economic Development Plan.
Read MoreSame-sex relationships are still criminalised in much of the world, however, including in at least 20 countries in Asia. Some countries have enacted protections for the LGBTQ, but these are often limited and the community continues to face discrimination in spite of them.
Read MoreWidespread flooding in Laos in recent weeks has blocked the start of the school year in the Southeast Asian country, with as many as 1,000 schools left unable to open by the Sept. 3 beginning of the new term, Lao sources say.
Read MoreA UXO Lao team working in Attapeu province hopes to finish clearing explosive devices from land allocated for new housing for flood victims in Sanamxay district next month.
Read MoreThe Lao PDR has a younger population than any country in Southeast Asia, with nearly 60% below the age of 25 years, and nearly 22% of the population are adolescent girls and boys, aged 10-19 years.
Read MoreLaos continues to face a high risk of money laundering despite the country graduating from the “grey list” of the Financial Action Task Force last year, according to the National Money Laundering and Terrorist Financing Risk Assessment (NRA).
Read MorePrime Minister Thongloun Sisoulith has ordered ministers, the Vientiane mayor and provincial governors to implement eight measures to stimulate economic growth.
Read MoreThe Vientiane Traffic Police Department has rostered 600 police for security detail around the capital in a bid to reduce traffic congestion and accidents during the coming academic year, which begins on September 3.
Read MoreThe Ministry of Finance in Laos has announced it has adopted a new Asean tariff code, giving a signal that Laos is ready to become part of the single regional market of 600 million consumers.
Read MoreLaos and Myanmar have approved the 12th map of the border between the two countries, which they will use as an annex to the agreement on a permanent borderline dated June 11, 1994.
Read MoreFlooding caused by recent storms in Laos has killed at least 46 people while 97 others are missing and four people were injured, according to the latest report from the National Disaster Prevention and Control Committee.
Read MoreThe Thai and Lao pollution control agencies have agreed to work together to reduce air pollution caused by vehicles in the two countries, especially at border checkpoints.
Read MoreAll loopholes that could result in financial leaks must be plugged in order to ramp up national revenue, Deputy Prime Minister Somdy Duangdy told finance officials recently.
Read MoreShaken by a deadly dam collapse, Laos needs to reconsider its long-term strategy
Read MoreThe international terminal of the airport serving the Laotian capital of Vientiane, Wattay International Airport, can now accommodate as many as 2.3 million foreign travelers a year, roughly nine times the original terminal’s capacity.
Read MoreMilitary personnel and a rescue team from Singapore are continuing the search for the 98 people still missing in the wake of the dam burst, with the number of dead confirmed at 36.
Read MoreThe Lao government has warned of possible flooding and landslides in parts of the northern and central provinces, as heavy rain is expected.
Read MoreMembers of the Lao business sector have recently called for the government to abolish a 10 percent excise tax on internet usage, claiming that Laos remains the only country in Asean to impose the charge.
Read MoreA multibillion-dollar dam, meant to boost Laos’s economy, collapsed and led to the deaths of dozens, with many still missing.
Read MoreThe average fuel price in Laos is more than double than the global price
Read MoreThe first warning came at 4.00 p.m., one hour later the water started to flow through the village, and by late evening it was a torrent.
Read MoreA high-ranking Lao official suggested Thursday that a dam collapse earlier this week in Attapeu province was the result of faulty construction and said the project’s developer should be held accountable, as the death toll from flooding has reached 30, with more than 20 hospitalized for injuries.
Read MoreThe number of newly registered and expanded businesses in the capital increased almost threefold during the first six months of the year.
Read MoreLaos having regrets as China’s grand Pan-Asia railway dream sours
Read MorePublic debt is estimated at around 68 percent of GDP and almost half of the money is being borrowed from one source – China.
Read MoreDespite development boom, exchange has listed only 7 companies since 2011 launch.
The Lao Securities Exchange wants to increase the number of listed companies from the current seven to 25 or 35 by 2020, but experts are skeptical.
Domestic and foreign investors will be granted a number of tax breaks under a new amended decree related to specific and special economic zones (SEZs) issued recently by the government.
Read MoreChampassak provincial authorities will soon order an inspection of Road No. 16 including accurate details on the construction budget as the government contemplates plans to purchase the project rights from the private construction company.
Read MoreMore than 2,715.8 billion kip will be sourced and allocated for the promotion of small and medium enterprises (SME) to facilitate better access to finance to grow their businesses.
Read MoreWhile giving a guidance talk at the 11th Lao Business Forum on Jul 5, Prime Minister Thongloun Sisoulith emphasized the importance of strengthening the business sector through the improvement of business-related laws and regulations adding that doing so could help achieve the national socio-economic development goals.
Read MoreThe Ministry of Finance has warned that it will impose stronger legal actions against any owners of imported vehicles evading taxes and tariff payments to the government.
Read MoreThe government is contemplating a cut in budget expenditure to maintain financial liquidity following a revenue shortfall during the past four months of this year.
Read MoreThe U.S. State Department downgraded Myanmar and Laos to Tier 3, its lowest ranking, in an annual report on human trafficking released today, citing the countries’ failure to make significant efforts to combat the trade.
Read MoreThe removal of barriers to bank lending and borrower withdrawals foreign currencies are set to benefit enterprise in Laos after the Bank of the Lao PDR removed restrictions in this regard, according to an announcement from the central bank.
Read MoreAll enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law.
Read MoreThe Mekong River Commission (MRC) announced yesterday that Laos has formally notified the Commission of its intention to construct the Pak Lay dam on the mainstream of the Mekong River.
Read MoreThe deadline for 2018 road tax payments is June 30 this year.
The finance ministry warned that those failing to pay by the deadline would be fined 40 percent of their obligated road tax rates.
As the only landlocked country in Southeast Asia and one of the least developed ones in the region, Laos seems to have different priorities on growth that are driving it pile on even more debt.
Read MoreA survey conducted recently at 12,744 schools across the country suggests that over 19,700 new teachers need to be recruited for the next twelve months while only 1,850 teachers will be enlisted for public schools this year.
Read MoreThe Ministry of Health will continue to work with international partners to reduce tobacco smoking in Laos even though there has been some success in this field.
Read MoreSource: govinsider.asia Vilayvone Chanthalaty shares plans for the future of Vientiane In April, Singapore announced plans for the ASEAN Smart
Read MoreThe government has issued a new decree to strengthen collaboration between the Prime Minister’s Office and ministries, provinces, the capital and ministry-equivalent organisations.
Read MoreCountries at most risk include those that consume the most rice and have the lowest gross domestic product (GDP), such as Myanmar, Laos and Cambodia
Read MoreLaos and China on Monday officially set in motion a new air route between the two countries, aimed not only at boosting tourism but also other areas of cooperation.
The new flight will carry tourists and other travellers between Vientiane and Luang Prabang province in Laos and Hainan province in China.
Petrol stations that open for business near an existing facility or are too close to a residential area must move away within one year from now, a senior government official has said.
Read MoreThe government is piloting the Lao National Single Window (LNSW) scheme at international border crossings, seeking to speed up customs clearance for vehicles and link the country to the Asean single window system.
Read MoreThe rising price of fuel has become the new driving force behind inflation, sending a signal that the government must address this economic risk.
Read MoreLao economists have urged the government to accelerate the privatisation of state enterprises that have been underperforming, as part of measures to improve its financial position.
Read MoreLao government officials have launched a new push against corruption in the one-party communist state, with state inspection authorities stepping up investigations across the country and reporting in February that they had discovered up to $120,000 missing from state funds, sources in Laos said.
Read MoreMore than US$5 billion is needed to build a railway linking Vientiane to a seaport in Vietnam’s Ha Tinh province, Vietnamese media reported on Friday, citing study results.
Read MoreThe collection of revenue throughout the nation over the past four months has reached 5,297 billion kip, equal to only 20.81 percent of the figure targeted for the whole of 2018.
Read MoreLao economists have called on the government to pay more attention to preparations for the country’s expected graduation from the least developed country (LDC) status, to ensure sustainable development.
Read MoreThe government has approved a minimum wage increase from the present 900,000 kip to 1.1 million kip a month, according to the Prime Minister’s Office.
Read MoreThe construction cost of many projects with State investment have been found to be too expensive and exceeding the realistic value, inspectors have confirmed.
Read MoreFor the first time since it was identified by the United Nations as one of the world’s Least Developing Countries (LDC), Laos has fulfilled the eligibility criteria to be removed from the list, and could see its status upgraded as early as 2024
Read MoreThe nation’s economic growth is likely to be sustained this year and accelerate next year, while inflation will edge up according to the Asian Development Bank (ADB).
Read MoreThe Vientiane Traffic Police Department has rostered almost 600 police for security detail around the capital in a bid to reduce traffic congestion and road accidents during the Pi Mai Lao holiday from April 14-16.
Read More