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Vientiane
Monday, December 23, 2024
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Economy

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19 December. President of Central Region Audit Office No.1, Khammone Bouaphanh revealed that LAK 4.77 billion (about USD 217,000) had not been transferred to the official state...

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...

Creative Economy Revolution: How ASEAN’s Youth are Leading the Charge

On 2 to 5 December, the Young Southeast Asian Leaders Initiative (YSEALI) Summit 2024...

Vang Vieng Criticized for Unscrupulous Price Gouging

A sudden influx of international visitors to the tourist town of Vang Vieng has seen food and accommodation prices skyrocket, with many calling for...

Laos to Produce More Fertilizer and Animal Feed Amid Supply Chain Turmoil

The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain...

Laos Passport Office Admits Delays, Denies Corruption Claims

Residents in Laos have complained of long queues while lodging passport applications, as well as widespread corruption involving brokers. The Consular Department, under the Ministry...

Northeast Thailand Feels the Pinch Amid Slow Return of Shoppers from Laos

Businesses in northeastern Thailand have noted that cross-border trade has been slow to recover following the reopening of borders with Laos, with improved domestic...

Nam Theun 1 Power Company Issues Statement on Leak Rumors

The Nam Theun 1 Power Company has issued a statement in response to concerns by residents in Laos regarding seepage near the dam wall. Photographs...

MEM and the Carbon Trust Promote Energy Efficiency As Campaign in Laos

The Ministry of Energy and Mines (MEM) and the Carbon Trust, an international climate consultancy, have joined forces to raise awareness of energy efficiency...