Vientiane Times/ANN

Laos wants consensus in labour laws across Asean

VIENTIANE (Vientiane Times/ANN) – Labour officials will refine the draft Law on Labour, which aims to protect the benefits and rights of Lao workers in foreign countries, including other Asean countries.Lao government policy is to help workers and to protect their rights. As such, policies ...

Phetphoxay Sengpaseuth

Saravan confiscates pig entrails illegally imported from Vietnam

SARAVAN, Laos (Vientiane Times/ANN) – Authorities in Saravan province on Wednesday confiscated more than 350 kg of pig entrails that were illegally imported from Vietnam.The items were seized at the Lalai international checkpoint, located along the border between Saravan province and Thua Thien Heu province ...

Souksamai Boulom

Lao banking industry updated on financial regulations

VIENTIANE (Vientiane Times/ANN) – The Lao banking sector is working to improve regulations and update preparations for implementing the Basel II principles, including learning about the International Financial Reporting Standard (IFRS 9).IFRS 9 is promulgated by the International Accounting Standards Board (IASB) and addresses accounting ...

News Desk

LCS Assurance authorises sale of Laos' BCEL shares

VIENTIANE (Vientiane Times/ANN) – The Banque pour le Commerce Exterieur Lao Public (BCEL), representing the Ministry of Finance, has obtained agreement from the Lao-China Securities Company Limited (LCS), as its financial advisor and assurance authority, for the sale of 19 percent of BCEL’s shares held ...

News Desk

Lao President gives development advice in Savannakhet

SAVANNAKHET, Laos (Vientiane Times/ANN) – President Bounnhang Vorachit has impressed upon authorities in Xepon and Thapangthong districts of Savannakhet province the need to tackle antisocial behaviour, such as drug abuse, in order to maintain social order.More ...

News Desk

Laos, Vietnam pledge continued media cooperation

VIENTIANE (Vientiane Times/ANN) – Laos and Vietnam will continue cooperation in the areas of media, printing and personnel development, as well as in information and communications.More ...

News Desk

Oudomxay, Luang Prabang get into gear for Lao New Year

VIENTIANE (Vientiane Times/ANN) – Oudomxay and Luang Prabang provinces are planning a raft of exciting activities for Lao New Year (Pi Mai Lao), to give visitors a memorable experience.Events in Oudomxay will take place from April 11-16, while Luang Prabang will have a longer programme ...

Viendavanh Banphahaksa

Lao economists pinpoint five key factors to sustain growth

VIENTIANE (Vientiane Times/ANN) – Laos needs to focus on five key factors this year to support stable and sustainable economic growth, the National Institute for Economic Research (NIER) has suggested.The first focus will be the stricter implementation of government policy to improve regulations and strategic ...

News Desk

Lao Skyway spends US$4.5m on terminal upgrade in Luang Prabang

VIENTIANE (Vientiane Times/ANN) – Lao Skyway will spend US$4.5 million to upgrade the old terminal building at Luang Prabang International Airport.The project will be a joint venture between the airline and Aerodyne Aviation Laos.More ...

Souksamai Boulom

Laos, Hungary raise bilateral ties to strategic partnership

HUNGARY (Vientiane Times/ANN) – Visiting Prime Minister Thongloun Sisoulith and his Hungarian counterpart Viktor Orban have agreed to elevate bilateral relations between Laos and Hungary to a strategic partnership.The Lao premier and his delegation made a three-day official visit to Hungary from March 10-12 at ...

News Desk

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