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Saturday, July 20, 2024

Economy

USAID Pledges USD 15 Million to Aid Persons with Disabilities in Laos

The United States Agency for International Development (USAID) is set to provide Laos with up to USD 15 million to improve the lives of persons with disabilities in Laos. This initiative is part of the second phase of the Okard Project, which spans from 2024 to 2027   and focuses...

Laos to Raise VAT to 10 Percent on Digital Platforms

Starting 1 August, digital platforms like Google, Facebook, and Amazon will enforce a 10...

Over 10,000 Lao Students Study in Vietnam with Government Aid

Vietnam has become a hub for higher education for more than 10,000 students from...

In Vientiane, farmers are voicing concerns over rising costs of production, unauthorized imports, and...

EU, ASEAN Team Up in Education to Address Global Challenges

In a landmark discussion hosted by the European Union (EU), ASEAN, and leading scholars...

Thai Tourists Go Cashless in Laos with New QR Payments

Thai tourists visiting Laos can now conveniently scan QR codes to pay for goods and services, thanks to a new cross-border payment system recently...

Vietnam Plans 6-Kilometer Conveyor Belt for Coal Transport from Laos

Vietnam will construct a 6-kilometer-long conveyor belt to transport coal from Laos. The project, costing around VND 1.5 trillion (USD 58.3 million), aims to...

Laos Seeks Debt Deferrals as External Payments Nearly Double to USD 950 Million

Laos is seeking more time to pay off its debts, as its external debt payments nearly doubled to USD 950 million last year, from...

Lao Government Reshuffles Key Positions Across Ministries

The Lao government has announced a significant reshuffle of key positions across various ministries following a month-long session at the National Assembly (NA). One of...

Laos Adopts New Laws to Boost Socio-Economic Growth

The National Assembly (NA) of Laos has officially adopted 13 laws aimed at enhancing the country's socio-economic growth. This decision followed extensive debates among...

Laos Kicks Off Green Bus Trials to Boost Public Transport in Four Provinces

Several provinces in Laos have commenced trials of new public “green bus” transportation services aimed at enhancing local infrastructure and reducing traffic congestion. The buses...