Vientiane Times/ANN

Vientiane Expressway No 1 Project pays second installment of compensation worth over US$4 millions

VIENTIANE (Vientiane Times/ANN) – The Vientiane Expressway No 1 Project yesterday paid more than US$ 4 million as the second installment of compensation to property owners affected by the venture.The owners of 92 plots of land, measuring a total of 344,671 sq m, that were ...

News Desk

South Korea fund to provide nearly US$44 million for water supply projects in Laos

VIENTIANE (Vientiane Times/ANN) – South Korea’s Economic Development Cooperation Fund (EDCF) has agreed to provide low interest loans worth almost US$44 million to support water supply development projects in Champassak and Saravan provinces in southern Laos.This was decided at a meeting between representatives of EDCF ...

News Desk

Agricultural, economic censuses to promote Lao growth

VIENTIANE (Vientiane Times/ANN) – Laos will conduct the Census of Agriculture III (LCA III) and Economic Census III (EC III) for 2019-2020 to use the findings as a reference for the next national socio-economic development plan for 2021-25.Representatives from relevant government departments, international organisations and ...

News Desk

Laos, Asean Plus countries discussing cooperation in clearing mines

VIENTIANE (Vientiane Times/ANN) – UXO experts from Laos and other Asean Plus countries and their dialogue partners are meeting in Vientiane from December 3-6 to discuss plans on clearing mines in the region over the next three years.The meeting heard on Tuesday that unexploded ordnance ...

Phetphoxay Sengpaseuth

Laos govt highlights efforts against graft for anti-corruption day

VIENTIANE (Vientiane Times/ANN) – The government has been focusing on anti-corruption awareness-raising among civil servants and students to increase transparency in the country, according to a leading official.President of the Government Inspection Authority and Head of the Anti-Corruption Authority, Deputy Prime Minister, Dr Bounthong Chitmany ...

Phetphoxay Sengpaseuth

Laos, China’s Yunnan promote development in northern Lao provinces

VIENTIANE (Vientiane Times/ANN) – Laos and Yunnan province of China have agreed on a cooperation plan to promote development in northern Lao provinces aiming to strengthen ties between the two countries.The agreement was signed at a meeting to coordinate cooperation between the northern provinces of Laos ...

Viengdavanh Banphahaksa

Laos, Korea crunch the numbers to launch statistics website

VIENTIANE (Vientiane Times/ANN) – Lao Statistics Bureau in cooperation with Statistics Korea yesterday officially launched the LAOSIS website (https://laosis.lsb.gov.la) to provide a convenient one-stop service for a full range of major Lao statistics.The site features easy and convenient search functions, a broad range of easy-to-comprehend ...

News Desk

Govt confirms 1 million tonnes of rice for local market, export

VIENTIANE (Vientiane Times/ANN) – The government is planning to encourage farmers to produce at least 1 million tonnes of paddy rice for sale in the domestic market and export next year.To ensure the production of rice for export, the government, especially the Ministry of Agriculture ...

News Desk

Central bank expects more investment in securities market

VIENTIANE (Vientiane Times/ANN) – Lao enterprises will find it easier to use the securities market as a platform to mobilise investment after the National Assembly approves the amended Law on Securities, according to the top official of the Bank of the Lao PDR.The central bank ...

Ekaphone Phouthonesy

Lao-Chinese joint venture to produce pharmaceutical drugs

VIENTIANE (Vientiane Times/ANN) – A Lao-Chinese joint venture company is planning to establish a pharmaceutical industrial park in Vientiane.Various kinds of medicinal products are expected to be manufactured to supply future demand and reduce imports.Chairman of the Golden Wisdom Hong Kong Company, Mr Zhang Chongdi, ...

News Desk

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