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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...

How a Japanese Strawberry Gets to Laos

Japan has a lot of work to do if it is to reach the government's goal of exporting an annual 1 trillion yen ($10...

Heritage City Market Closes Due to Flooding

Authorities in Luang Prabang province have improved the drainage system along various major roads in the city after flooding was recorded in several areas...

National Revenue Shortfall Escalates Budgetary Tensions

Revenue collected over the past 10 months of the 2015-16 fiscal year has accomplished only 74.52 percent of the set annual plan approved by...

Flash Flooding in Luang Prabang Kills Woman, Damages Crops

Flash flooding in northern parts of the country including Luang Prabang province has taken one life, destroyed many hectares of rice and other crops...

Food Prices Stable in Vientiane

Prices of meat, fish and vegetables were found to be consistent and stable in local markets in Vientiane, Laophattana newspaper reported yesterday. The findings were...

Govt Cancels Toll Collection at Thangon Bridge

The government has stopped collecting the toll at Thangon Bridge over the Nam Ngum River in Xaythany district, Vientiane after the debt for its...