Vientiane Times/ANN
Laos, Thailand targeting US$12 billion in bilateral trade by 2021
VIENTIANE (Vientiane Times/ANN) – Laos and Thailand have committed to increasing bilateral trade volume by 10 to 15 percent annually as the two governments expect to meet the target of US$12 billion in 2021, according to the Lao trade minister.As part of promoting an increase ...
News Desk
Lao Operators eye business opportunities, export market access
VIENTIANE (Vientiane Times/ANN) – Representatives from enterprises involved in tea, spices, cardamom, and Indian prickly ash, community business-supporting organisations, and service providers attended a workshop to bolster their business opportunities and export markets through standardisation and certification.The workshop was held recently at the SME Promotion ...
News Desk
Japan lends support to flood recovery effort in Laos
The government of Japan will provide 850 million yen (about US$7.6 million) for Laos in support of activities to help communities around the country that were hit by floods last year.Heavy rain between July and September, including two tropical storms, resulted in widespread damage around ...
Phetphoxay Sengpaseuth
Lao investor backs multi-million dollar project in Thakhaek SEZ
KHAMMUAN, Laos (Vientiane Times/ANN) – Jo Bounmy Group, a leading business conglomerate in Laos, has approved additional capital of US$500 million to build a trade and warehouse complex at the Thakhaek Specific Economic Zone (TSEZ) in Khammuan province.The company plans to build a trading complex ...
News Desk
Laos' cultivating production methods to drive agriculture strategy
VIENTIANE (Vientiane Times/ANN) – The government is targeting modern production methods in the nation’s agricultural development strategy to help push forward its policy agenda on food security and reducing poverty in rural areas.Deputy Prime Minister Dr Sonexay Siphandone told those attending the Ministry of Agriculture ...
Ounkham Pimmata
Fake news threatens security, social order, democracy
VIENTIANE (Vientiane Times/ANN) – Widespread fake news and disinformation circulated on social media has threatened security and democracy and undermined social order, a workshop has heard.In his opening remarks at the event, Deputy Minister of Information, Culture and Tourism, Mr Savankhone Razmountry, told Lao and ...
Souksakhone Vaenkeo
Lao officials beef up on investment incentives
VIENTIANE (Vientiane Times/ANN) – Central and local officials from the planning and investment and industry and commerce sectors attended a meeting yesterday to learn about investment incentives and details of the Investment Promotion Law, which was last revised in 2016.The meeting took place at the ...
News Desk
Concession agreement signed for Vientiane Expressway Number 1 Project
VIENTIANE (Vientiane Times/ANN) – Vientiane authorities have authorised the Vientiane Expressway Number 1 Sole Company Ltd to build the Vientiane Expressway No 1 from the Thatluang Marsh Specific Economic Zone to Dongmakkhai over a distance of 15.30 km.The agreement for the build-operate-transfer (BOT) concession was ...
News Desk
South Korea approves US$15 million for Attapeu flood recovery
VIENTIANE (Vientiane Times/ANN) – The government of South Korea has approved US$15 million (over 128 billion kip) to implement a flood recovery programme and assist the people of Sanamxay district in Attapeu province.Speaking at a press conference in Vientiane yesterday, the Ambassador of the Republic ...
Phomphong Laoin
Laos commits to green growth path
VIENTIANE (Vientiane Times/ANN) – The government has made a firm commitment to roll out its green growth strategy.Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday chaired a national level meeting to discuss ways to put the strategy, which Prime Minister Thongloun Sisoulith ...
Ekaphone Phouthonesy