Vientiane Times/ANN

Laos, Timor-Leste strengthen relations, cooperation

VIENTIANE (Vientiane Times/ANN) – Laos and Timor-Leste have agreed to continue to enhance their cooperation ties while seeking new potential for furthering economic cooperation. The agreement was the outcome of a meeting between delegations from the two countries’ ministries which took place in Vientiane on Thursday.More ...

Times Reporters
http://annx.asianews.network/content/laos-timor-leste-strengthen-relations-cooperation-98160

Phu Bia Mining hoping to extend concession in Xaysomboun

VIENTIANE (Vientiane Times/ANN) – Phu Bia Mining Company Limited hopes to continue their concession for an open-pit mine in Anouvong district, Xaysomboun province, which will come to an end in 2021.The company has extracted samples from a new exploration site for analysis with the results ...

Souksamai Boulom
http://annx.asianews.network/content/phu-bia-mining-hoping-extend-concession-xaysomboun-98049

Laos aiming to raise business lending to 55% of GDP

VIENTIANE (Vientiane Times/ANN) – The government will accelerate lending through the banking sector to boost local businesses so they become more competitive and create export opportunities.Authorities are planning to increase business lending to around 55 percent of GDP by the end of the year, up ...

Bounfaeng Phaymanivong
http://annx.asianews.network/content/laos-aiming-raise-business-lending-55-gdp-98048

Lao assembly calls for gov’t to address economic issues

VIENTIANE (Vientiane Times/ANN) – National Assembly members yesterday centred their debate on ways to address economic issues, expressing concern about the nation’s mounting debts, revenue shortfall, falling foreign currency reserves, and the economic slowdown.While debating a report on socio-economic development and the state budget plan ...

Somsack Pongkhao
http://annx.asianews.network/content/lao-assembly-calls-gov%E2%80%99t-address-economic-issues-98045

FEATURE: Business booms again in bustling Boten

LUANG NAMTHA, Laos (Vientiane Times/ANN) – Just 10 years ago, the border town of Boten in Luang Namtha province was a bustling town of neon lights, cashed up tourists and thriving businesses that centered on a casino and gambling dens that drew thousands of Chinese ...

Khonesavanh Lathsaphao
http://annx.asianews.network/content/feature-business-booms-again-bustling-boten-98047

Laos approves Tadsakoi hydropower plant

VIENTIANE (Vientiane Times/ANN) – The government has given the green light to Tadsakoi Power Company Limited to build the Tadsakoi hydropower project in Sepon district, Savannakhet province.A concession agreement for the project was signed recently in Vientiane between Minister of Planning and Investment, Dr Souphan ...

Phetsamone Chandala
http://annx.asianews.network/content/laos-approves-tadsakoi-hydropower-plant-97988

Lao trade figures struggle to reach target

VIENTIANE (Vientiane Times/ANN) – Laos’ combined exports and imports for this year are struggling to achieve the target after figures for the first four months of the year reached only 22.7 per cent of the plan for 2019, the National Assembly (NA) reported.“The NA approved ...

News Desk
http://annx.asianews.network/content/lao-trade-figures-struggle-reach-target-97987

Laos, Norway agree on diplomatic visa exemption

VIENTIANE (Vientiane Times/ANN) – Holders of Lao diplomatic passports, known as red passports, no longer need to obtain a visa to enter Norway, according to the Lao Ministry of Foreign Affairs.The ministry said yesterday that Laos and Norway agreed in August 2018 to provide visa ...

News Desk
http://annx.asianews.network/content/laos-norway-agree-diplomatic-visa-exemption-97986

Lao PM makes no change to government plans

VIENTIANE (Vientiane Times/ANN) – The government has decided to keep its current national socio-economic development plan and budget plan unchanged despite facing challenges in meeting their targets.Presenting a report to the National Assembly yesterday, the prime minister said “The government will continue to perform its ...

Ekaphone Phouthonesy

Laos vows to upgrade facilities to draw more overseas tourists

VIENTIANE (Vientiane Times/ANN) – The government is committed to developing and improving five tourism sites in each province along with road access and other facilities over the coming year, in a bid to attract more tourists.This was the message from the Minister of Information, Culture ...

Somsack Pongkhao
http://annx.asianews.network/content/laos-vows-upgrade-facilities-draw-more-overseas-tourists-97985

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