The government expects to pursue economic growth to at least seven percent in 2018, the same level expected for 2017, according to the Ministry of Finance. The ministry is drafting the budget plan for 2018, which will be submitted to the upcoming ordinary session of the National Assembly (NA), scheduled to take place in October […]
Read More(KPL) Laos has expected to operate 100 hydropower plants with combined installed generation capacity of 28,000 MW and annual power output of about 77,000 million KWh by 2020. Some85 percent of the power production in the country will be exported. Laos currently has 46 operational hydropower plants with combined generation capacity of 6,444 MW and […]
Read MoreFearful that Thailand’s new labor rules will get them into trouble, tens of thousands of migrant workers are returning to neighboring Myanmar, Cambodia and Laos, causing hardship to themselves and their Thai employers. Labor regulations that took effect June 23 could give foreign workers without proper permits up to five years in prison, while their employers could […]
Read More(KPL) The ASEAN-Korea Centre will organise a Capacity Building Workshop for Expanding Business Opportunities in E-Commerce on 5 July 2017 in Vientiane, Lao PDR. Jointly organised with the Ministry of Planning and Investment (MPI) of Lao PDR and the Lao National Chamber of Commerce and Industry (LNCCI), the workshop aims to share Korea’s experience and […]
Read More(KPL) The annual bilateral trade volume between the Lao PDR and Vietnam was recorded at more than US$820 million in 2016. Laos’ exports to Vietnam were estimated at US$345 million, while Vietnam’s exports to Laos reached US$478 million, according to a report at the Laos-Vietnam Trade Promotion and Business Matching Seminar held in Vientiane on […]
Read MoreThe economy of Vientiane grew at an annualised rate of more than 10 percent over the past six months, yet the implementation of targets for making the capital an increasingly liveable city has seen slower progress, the city’s Mayor told councilors gathered in the capital. Vientiane Mayor Dr Sinlavong Khoutphaythoune reported on the achievements and […]
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