On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small businesses from taxes, aiming to ease their burden and improve tax efficiency, Finance Minister Santiphab Phomvihane said.
Under the new system, micro-enterprises would be allowed to deduct operational expenses before calculating their tax obligations, shifting away...
The Lao government will introduce new vocational education programs in the 2024–2025 academic year as part of efforts to modernize education and address labor...
Vietnam is set to establish English as the second language for all general education students by 2035, with full implementation continuing through 2045.
This plan,...
East Asia and Pacific has led in economic growth, but to sustain momentum and create jobs, countries must address global uncertainties. Key challenges include...