Vientiane Times/ANN

Lao govt asks NA to consider incentives for future BOT investments

VIENTIANE (Vientiane Times/ANN) – Prime Minister Thongloun Sisoulith has asked members of the National Assembly (NA) to consider the use of incentives to entice private business investment for public infrastructure projects.The government wants to encourage investments that are licensed under a Build-Operate-Transfer (BOT) model in ...

Souksakhone Vaenkeo
http://annx.asianews.network/content/lao-govt-asks-na-consider-incentives-future-bot-investments-98384

Laos, China sign pact to develop human resources in tourism

YUNNAN, China (Vientiane Times/ANN) – The Lao Mass Media Institute of Culture and Tourism signed a Memorandum of Understanding (MOU) with Yunnan College of Tourism in China to further develop its tourism human resources. The pact was signed at the 2nd Yunnan-South-Southeast Asia Education Exchange ...

Times Reporters
http://annx.asianews.network/content/laos-china-sign-pact-develop-human-resources-tourism-98383

Laos closes wood processing plants to comply with PM’s Order

VIENTIANE (Vientiane Times/ANN) – More than 500 wood processing plants and family-based furniture workshops have been shut since the Prime Minister’s Order No. 15 was issued in 2016.Of the total 1,595 wood processing plants and furniture workshops functioning in Laos in 2016, only 1,086 plants ...

News Desk
http://annx.asianews.network/content/laos-closes-wood-processing-plants-comply-pm%E2%80%99s-order-98316

Laos to reduce economic over-reliance on natural resources

VIENTIANE (Vientiane Times/ANN) – The government has announced it will reduce the nation’s overreliance on natural resources as it seeks to grow the economy despite the recent slowdown.Speaking at the National Assembly session recently, Lao Prime Minister Thoungloun Sisoulith said although the Lao economy grew ...

Somsack Pongkhao
http://annx.asianews.network/content/laos-reduce-economic-overreliance-natural-resources-98313

Boten economic zone launches Visit Laos-China Year

VIENTIANE (Vientiane Times/ANN) – The Boten Beautiful Land Specific Economic Zone in Luang Namtha province promoted Visit Laos-China Year 2019 activities and a cross-border cooperation conference at the zone.The Visit Laos-China Year campaign is taking place nationwide and was officially launched by the two countries ...

Souksamai Boulom
http://annx.asianews.network/content/boten-economic-zone-launches-visit-laos-china-year-98317

Lao NA queries govt plan to return forest cover to 70%

VIENTIANE (Vientiane Times/ANN) – The National Assembly has queried the government’s plan to return the country’s forest cover to 70 per cent by 2020 after observing a huge loss of forested areas over past decades.Large trees have been felled and protected areas intruded upon and ...

Somsack Pongkhao
http://annx.asianews.network/content/lao-na-queries-govt-plan-return-forest-cover-70-98314

Timor-Leste values Laos’ support for proposed Asean membership

VIENTIANE (Vientiane Times/ANN) – Timor-Leste highly values the support shown by Laos for the country’s application for Asean membership and is also seeking to broaden cooperation with Asean members in the Mekong sub-region.The country’s Minister of Foreign Affairs and Cooperation, Mr Dionisio da Costa Babo ...

Somxay Sengdara
http://annx.asianews.network/content/timor-leste-values-laos%E2%80%99-support-proposed-asean-membership-98315

Currency control measures being moderately implemented: Lao PM

VIENTIANE (Vientiane Times/ANN) – The management of the Lao currency is being moderately implemented across the country and it is stable as the rate of inflation stands at 1.5 per cent. However, the National Assembly (NA) has given the government the task of bringing the currency ...

Bounfaeng Phaymanivong
http://annx.asianews.network/content/currency-control-measures-being-moderately-implemented-lao-pm-98319

Laos' Agri innovation project ends but further farmer development needed

VIENTIANE (Vientiane Times/ANN) – The Capacity Development for Agricultural Innovation Systems project has ended, but there is a need for further development of target farmers’ groups.That was the message at the project’s final workshop held in Vientiane last week to assess achievements over four years, ...

News Desk
http://annx.asianews.network/content/agri-innovation-project-ends-further-farmer-development-needed-98247

Laos' Mineral output increases despite world commodity price drop

VIENTIANE (Vientiane Times/ANN) – The value of mineral exports and domestic sales increased in the first quarter of this year despite lower commodity prices on the world market.In 2018, annual domestic mineral sales achieved US$66.2 million compared to 2017, an increase of 38.79 percent, while ...

News Desk
http://annx.asianews.network/content/mineral-output-increases-despite-world-commodity-price-drop-98248

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