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Laos, Myanmar move forward in energy cooperation

VIENTIANE (Vientiane Times/ANN) – Laos and Myanmar have taken another step towards implementing a Memorandum of Understanding (MOU) on power cooperation that was signed in January this year.   Senior officials from the two nations met at the 1st Joint Working Committee Meeting (JWC) held in Nay Pyi Taw, Myanmar, recently to discuss the agreement […]

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Tourism creating wealth of job opportunities for Lao people

The Lao tourism industry is not only playing a significant role in boosting economic growth, but is also creating a huge number of job opportunities for local people, experts have noted.  The United Nations’ World Travel and Tourism Council unveiled its latest report recently, which indicated that tourism has directly resulted in 114,000 jobs being […]

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Investment in Lao stock market surges

The value of stocks traded on the Lao Securities Exchange saw rapid growth last year, according to a report from the Bank of the Lao PDR. The central bank released its annual report recently, providing an overview of the economic development of Laos last year including trading on the Lao Securities Exchange, one of the […]

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Lao, Indonesian entrepreneurs cement ties at business forum

Indonesian entrepreneurs held discussions with their Lao counterparts seeking business matching opportunities as part of a business forum and seminar in Vientiane on Monday. The Indonesian Embassy to Laos in cooperation with the Ministry of Planning and Investment yesterday organised the event which aimed to increase economic cooperation and foster business relationships between the two […]

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Laos: Businesses tap into local talent at job fair

The Job Fair 2018 kicked off in Vientiane on Friday evening, featuring 250 booths set up by governnment and private organisations advertising work opportunities. The fair is taking place at the Lao International Trade Exhibition and Convention Centre (Lao-ITECC), with the opening attended by Minister of Labour and Social Welfare Dr Khampheng Saysompheng, Director of […]

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Laos: Committees set up in provinces to speed investment approval

A number of provinces have established Investment Promotion and Management Committees (IPMCs) in a bid to accelerate the consideration and approval of investment proposals. At least eight provinces and the capital Vientiane have set up committees following the establishment of the central IPMC, Minister of Planning and Investment Dr Souphanh Keomixay said recently.  The minister […]

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