Vientiane Times/ANN
Laos, ILO celebrate partnership in advancing workers’ rights
VIENTIANE (Vientiane Times/ANN) – Laos will continue to work with its development partners, including the International Labour Organisation (ILO), to advance social justice and promote decent work for all.An event held in Vientiane on Saturday to mark the ILO Centenary and 55th anniversary of Laos’ ...
Phetphoxay Sengpaseuth
NA gives gov’t green light to bolster productivity
VIENTIANE (Vientiane Times/ANN) – The National Assembly (NA) on Monday endorsed the National Socio-Economic Development Plan for 2020, giving the legal back up for the government to impose measures to strengthen productivity.Out of the 114 Assembly members who attended the 8th session of the 8th ...
Times Reporters
Lao business operators learn about benefits of free trade agreements
VIENTIANE (Vientiane Times/ANN) – Lao businesses will be better able to expand their markets and compete with other countries more aggressively after being educated on the conditions and benefits of Free Trade Agreements (FTAs).A seminar held in Vientiane on Thursday discussed the benefits of FTAs ...
Souksamai Boulom
Laos govt ploughs ahead with measures to cut unnecessary spending
VIENTIANE (Vientiane Times/ANN) – The government is confident its austerity policy will continue to lower budgetary tensions and financial difficulties in the coming year despite slow progress in implementing measures to curb wasteful spending.The Ministry of Finance will take action in coordination with several other ...
News Desk
Laos PM sees economic recovery in sight
VIENTIANE (Vientiane Times/ANN) – Prime Minister Thongloun Sisoulith on Friday expressed confidence that the economy would pick up next year as a number of mega investment projects will kick into gear.Addressing the National Assembly, the premier unveiled a list of large-scale investment projects that could ...
Ekaphone Phouthonesy
Laos govt planning to spur economic growth in 2020
VIENTIANE (Vientiane Times) – Laos needs about 27 per cent of Gross Domestic Product (GDP) for development in 2020 to ensure the country’s steady economic growth.Of this amount, 4,750 billion kip, or 10.2 percent of the total, will be taken from the domestic budget, Deputy ...
News Desk
Laos' central bank to focus on currency management amid challenges
VIENTIANE (Vientiane Times) – Laos’ central bank will tackle challenges to ensure the stability of the kip and prevent it weakening further against the Thai baht, and ensure the rate of inflation stays below 5 per cent.Responding to questions about currency management from National Assembly ...
News Desk
Young diplomats share experiences at Mekong-Lancang forum
VIENTIANE (Vientiane Times) – Youth representatives from the Mekong-Lancang countries are meeting in Vientiane to discuss future cooperation and share their experiences of diplomatic operations.The Mekong-Lancang Cooperation Young Diplomats Forum is taking place from November 14-18. The opening meeting was attended by the Acting Director ...
Phomphong Laoin
Regional network to strengthen agriculture in Laos
VIENTIANE (Vientiane Times) – A workshop on “Network for Agriculture and Rural Development Think-tanks for Countries in the Mekong sub-region” provided a platform for stakeholders to discuss their work plans.The workshop took place on Wednesday and was chaired by the Deputy Director General of the ...
News Desk
Korean companies eye market opportunities in Laos
VIENTIANE (Vientiane Times) – Eight leading companies from the South Korea are hoping to expand their market and business opportunities in Laos by selling their products here or finding business representatives in Laos.Business operators from the two countries met for talks in Vientiane last week ...
Souksamai Boulom