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Vientiane
Monday, December 23, 2024
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Economy

Vientiane Surpasses Poverty Reduction Target, 99.43% Progress Achieved

Almost the entirety of Vientiane’s population is now above the poverty line, according to Sengaloun Souliyavong, the Head of Vientiane's Department of Agriculture and Forestry.  As of 18 December, out of 156,392 families in Vientiane, only 899 remain below the poverty line. This marked a new achievement, with 99.43 percent...

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted...

Rising Costs Prompt Market Reform Proposals

National Assembly Representative for Vientiane Capital, Valy Vethsaphong, has called on the Lao government...

Vientiane Economy Hits 5.85 Percent Growth, Beating Expectations

Vientiane Capital's economy grew by 5.85 percent, surpassing the National Assembly's initial target of...

Phout Simmalavong Receives Japan’s Order of the Rising Sun in Official Ceremony

On 18 December, Phout Simmalavong, Minister of Education and Sports and President of the...

Laos Sees Renewed Fuel Shortages as Pumps Shut Down in Vientiane Capital

Social media users across Vientiane Capital began reporting closed petrol stations today as Laos looks to be headed back into fuel shortages. Many have begun...

Laos Increases Minium Wage, Excludes Overtime

An increased minimum wage is officially in effect across Laos today, however, overtime and other benefits have not been included. The increased minimum wage,...

Obsolete System, Corruption Delay Land Title Registration

The Head of the Department of Natural Resources and Environment commented on the delay of land registration during the 2nd National Assembly Session on 22 July.  Mr. Bounsom...

Four Years On, Attapeu Dam Collapse Victims Continue to Wait for New Homes

Victims of the dam collapse in Attapeu Province continue to wait for housing, four years after the disaster.   When the saddle dam of the...

Laos Ranks 72 in Global Mobile Data Pricing Survey

Laos has one of the highest internet costs in Southeast Asia, ranking 72nd in the world and eighth among ASEAN nations, according to a...

Laos Seeks Fuel from Saudi Arabia

Laos may consider importing fuels from Saudi Arabia after recent talks following a visit by the Saudi foreign minister in March. According to a press...