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Vientiane
Sunday, December 22, 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...

Switzerland Extends Grant to MRC

The Swiss government has granted more than US$7 million to the Mekong River Commission (MRC) to implement its overall brief, which covers areas such...

Finance Officials Asked to Identify Causes of Missing Revenue

Deputy Prime Minister and Minister of Finance Somdy Douangdy has called on the Party Committee of the Ministry of Finance to identify the real...

ASEAN–Russia Trade Reaches US$13.4 Billion

ASEAN-Russia bilateral trade reached US$13.4 billion in 2015, representing 0.6 per cent of ASEAN’s total trade, placing Russia as the eighth largest trade partner...

PM Urges Indigenous Promotion Of Nam Bak Orange Farming

Prime Minister Thongloun Sisoulith has urged the authorities and local people of Nam Bak district, Luang Prabang Province to continue promoting the farming of...

Rice Planting Going to Plan

Agricultural authorities have not reported any adverse weather conditions so far, two months into the rice planting season, although locusts have caused damage in...

Projects Help to Put Food on the Table in Poorest Districts

The Southern Laos Food and Nutrition Security and Market Linkages Programme (FNML) based in Attapeu province and funded by the International Fund for Agricultural Development...