(KPL) The 1st international five-star hotel Crowne Plaza Vientiane, a joint venture between Lao and Vietnamese governments, was officially opened on Thursday in the presence of Prime Minister Thongloun Sisoulith and his Vietnamese counterpart, Nguyễn Xuân Phúc.
(KPL) The 6th Job & Education Fair has been scheduled to take place on May 19 from 8:00-16:00 at the National University of Laos’ Faculty of Engineering in Vientiane to help businesses recruit newcomers to pursue their business growth.
(KPL) The country’s exports to neighboring countries last year reached over US$4.1 billion. The Minister of Planning and Investment, Mr Souphanh Keomixay, made a statement at the 3rd Ordinary Session of the National Assembly on April 25.
(KPL) The Ministry of Finance has admitted that the government faced a deficit of government budget of over 950 billion kip in the first quarter of this fiscal year.
(KPL) Laos’ gross domestic product last year saw a growth of only 7 percent, amounting to 108,605 billion kip (USD 13.27 billion) that was lower than the expected 7.5 percent, as a consequence of the global economic turndown,
(KPL) Isuzu is yet to have a plan to build an assembly plant in Laos but has said building one may possibly be studied if it is deemed feasible by a rising demand in the Lao pickup market.
(KPL) The Bolikhamxay White Charcoal Industry Company has signed an agreement with Savannakhet authorities to secure a 25-year concession right for over 90 ha of land in Phonsavanh village, Thaphabath district, Borlikhamxay Province, to plant Cratoxylum formosum, known in Lao as Mai Tiew for its white charcoal production.
(KPL) The past five years witnessed 340 basic transport development projects implemented in Xayaboury Province
(KPL) The Lao government has been focusing on the development of clean agricultural products (Good Agricultural Practice & Organic Products) to ensure locals’ good health by consuming quality food.
(KPL) In an interview with local media, a senior official of Asian Develoment Bank (ADB) has noted that Laos has recorded a strong economic growth over the last decades with 7.8 percent economic growth per annum recorded over the last 10 years.