The government’s top economic research agency has suggested that investment focus in areas which would make use of and maximise the benefits of the Laos-China railway. There is the possibility of building Special Economic Zones (SEZs) along the 409-km route of the high-speed railway, with a focus on developing industrial zones, the National Economic Research […]
Read MoreOnly a third of the workers employed in special and specific economic zones (SEZs) are Lao, with a lack of skills being among the issues depriving local folk of job opportunities in industrial parks, a recent survey has revealed. As many as 12 SEZs have been developed across the country, creating jobs for 24,982 Lao […]
Read MoreTens of thousands of Lao nationals entered the international labour market in 2017, raising hopes that Laos can turn this business into a new foreign exchange earner. According to data from the Lao National Statistics Bureau, Laos supplied about 49,000 labourers to the international market in 2017 through a bilateral labour cooperation mechanism. The bureau […]
Read More(KPL)The Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietcombank, officially inaugurated its Vietcombank in Vientiane on Oct 19. Located on Lane Xang Avenue, a finance-banking hub in downtown Vientiane, the Vietcombank Laos chapter has a charter capital of US$ 80 million, the highest among Vietnamese credit institutions in the country. Vietcombank Laos will […]
Read MoreVIENTIANE (Vientiane Times/ANN) – The Cabinet has directed the Ministry of Industry and Commerce to play the role of a coordinator to develop policies and mechanisms that facilitate Lao businesses. The Cabinet, under the leadership of Prime Minister Thongloun Sisoulith, adopted this resolution at its monthly meeting held on October 19, according to a media release […]
Read MoreVIENTIANE (Vientiane Times/ANN) – Agricultural production in Laos is mainly of three types – native agriculture, mixed crop plantation and commercial production, the Department of Planning and Finance under the Ministry of Agriculture and Forestry stated at a seminar to mark World Food Day and International Day and National Week for Poverty Eradication in Vientiane […]
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