The government cabinet has ordered authorities in charge to speed up streamlining procedures to ease business operations and improve the investment climate. The cabinet issued the instruction at its two-day monthly meeting for November that ended yesterday in Vientiane. Chaired by Prime Minister Thongloun Sisoulith, the cabinet meeting told the authorities to accelerate revising a […]
Read MoreHANOI (Vietnam News) — Vietnam always gives top priority to special solidarity with Laos, Prime Minister Nguyen Xuan Phuc told Lao Foreign Minister Saleumxay Kommasith during their meeting in Hanoi on Wednesday. Mr Saleumxay is in Vietnam for the annual consultation between the foreign ministries of the countries. Prime Minister Phuc said such consultations have […]
Read More(KPL) IFC, a member of the World Bank Group, is lending US$ 2 million to Aanandi Lao Co. Ltd, a property development company, for the construction of one of the first of its kind, international best practice, multi-story serviced apartment building in Vientiane Capital. The project will support the development of much-needed business-enabling infrastructure in the Lao PDR, drawing […]
Read MoreNDO – Today, the entire Party, army and people of the Lao People’s Democratic Republic are celebrating their 42nd National Day (December 2, 1975 – 2017). This is a historical event of great significance as it has opened a new page in the construction of a peaceful, independent, democratic, unified and prosperous country towards socialism, […]
Read MoreA review of Asian Development Bank and World Bank support for Laos in the form of 28 loans and grants and 10 technical assistance projects took place in Vientiane yesterday. Assistance from the Asian Development Bank (ADB) amounted to US$760 million while the World Bank (WB) was involved in 18 projects with a value of […]
Read More(KPL) Asian Development Bank (ADB) and World Bank (WB)’s financial support and technical assistance to Laos are considered as the key drivers and crucial contributions to stabilize the GDP growth at 7% in 2017, Vice Minister of Planning and Investment, Mr Kikeo Chanthabourly. Representatives of Lao Government, Asian Development Bank and World Bank met in […]
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