VIENTIANE (Xinhua) – Laos has not fully benefited from the recent regional economic integration as its share of trade with Asean nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank. The nation’s share of trade with other Asean members declined from 74 percent in 2004-2010 to 63 percent […]
Read MoreLaos and Vietnam are working to increase two-way trade, which is closely linked to the progress of the Vung Ang seaport project in Vietnam’s central Ha Tinh province and the Nong Khang airport project in Huaphan province in northern Laos. In addition the two countries are planning the Vientiane-Hanoi expressway and the Vientiane-Thakhaek-Vung Ang railway, […]
Read MoreVientiane (VNA) – Vietnamese-funded projects have contributed to Laos’ socio-economic development and human resources improvement in particular, Lao Deputy Minister of Education and Sports Boualien Silipanya has affirmed. The Deputy Minister made the confirmation at a ceremony in Vientiane on December 18 to hand over four works using the Vietnamese Government’s non-refundable aid to the Lao […]
Read MoreTHE VIENTIANE TIMES/ANN: Laos has achieved its target for exporting rice to China this month after the IDP Rice Mill of Laos signed a trading agreement with China National Cereals, Oils and Foodstuffs Corporation (Cofco) in November. Last year, the Chinese government agreed to purchase 20,000 tonnes of rice from Laos through Xuanye (Lao) Co […]
Read MoreLuang Prabang: The foreign ministers of the six Mekong countries met here yesterday to deepen cooperation and discuss the latest developments and implementation of previous meeting outcomes at the 4th Mekong-Lancang Cooperation (MLC) Foreign Ministers’ Meeting. The meeting was co-chaired by the Lao and Chinese foreign ministers. Participants exchanged views on future activities under Mekong-Lancang Cooperation, […]
Read MoreVIENTIANE TIMES/ANN: Local clothing manufacturers are encountering ongoing hurdles to survive and thrive, according to the Association of the Lao Garment Industry. Customers want quality products and the manufacturers hold little power to bargain as their costs rise while the prices received remain constant, the association’s president Xaybandith Rasphone pointed out at the eighth general assembly […]
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