- Govt approves 10-year development strategy, legal reforms
The government has agreed in principle to adopt the country’s 10-year Socio-Economic Development Strategy for 2026-2035 and the Vision to 2055, alongside a series of legal and policy reforms aimed at strengthening development planning and regulatory frameworks.
The agreements were reached during this week’s government cabinet meeting for January-February, which took place on Tuesday and Wednesday under the chairmanship of Prime Minister Sonexay Siphandone...........More>>>
- Abacus Capital launches to boost capital market, expand investment opportunities in Laos
Abacus Capital Fund Management Co., Ltd. officially launched its operations in Laos last Friday, unveiling a vision to strengthen the country’s capital market structure and expand investment opportunities in line with national financial sector development goals.
The launch ceremony was attended by representatives from the public and private sectors, investors, and distinguished guests.
The event was graced by Deputy Governor of the Bank of the Lao PDR, Soulysak Thamnuvong, and Secretary General of the Lao Securities Commission Office (LSCO), Ms Phengsy Phengmeuang, who emphasised the importance of developing a strong and sustainable capital market to support economic growth........More>>>
- Govt aiming for self-reliant growth by 2030
The government has set a bold course to create a self-reliant economy and achieve average annual growth of 6 percent under the draft 10th National Socio-Economic Development Plan for 2026-2030. Politburo member and Prime Minister Sonexay Siphandone outlined the strategy at a meeting that was the first step in implementing the resolutions adopted by the 12th National Congress of the Lao People’s Revolutionary Party, chaired by the Secretary General of the Lao People’s Revolutionary Party and President of Laos, Mr Thongloun Sisoulith.
Prime Minister Sonexay described the development plan as a decisive step in reducing reliance on external factors. At the heart of this blueprint is a major macroeconomic restructuring, beginning with an ambitious GDP growth target of an average 6 percent per year.......More>>>
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- Lao, Australian PMs hold phone call to reaffirm close ties
Prime Minister Sonexay Siphandone held a telephone conversation on Wednesday with his Australian counterpart Prime Minister Anthony Albanese, in the presence of senior officials from the two countries........More>>>
- Champasak addresses workforce issues, plans better outcomes in 2026
The Ministry of Labour and Social Welfare has instructed Champasak provincial authorities to provide more people with job opportunities and ensure that......More>>>
- China-Laos Railway reports surge in cross-border passenger traffic during Spring Festival holiday
KUNMING (Xinhua) -- The China-Laos Railway saw a surge in cross-border passenger traffic during the recently concluded Spring Festival holiday..........More>>>
- Govt reduced sentences of 2,858 prisoners in 2025
A total of 2,858 prisoners nationwide, including 59 foreign nationals, received sentence reductions in 2025 under the government’s policy of leniency for those who demonstrate good behaviour and rehabilitation progress..........More>>>
- Lao MSME Expo opens with focus on agro-processing, green tourism
The Lao Micro, Small and Medium Enterprises Exhibition 2026 opened on February 25 at the Lao-ITECC Exhibition Centre, spotlighting the role of small........More>>>
- Road safety committee ramps up efforts to cut accident rate
The National Road Safety Committee is intensifying nationwide efforts to reduce the high number
of traffic accidents by making changes to dangerous sections of road and........More>>>
- Household nationwide produce thousands of tonnes per day
Households across Laos produced almost 7,000 tonnes of garbage a day but authorities are still unable to collect all of the waste and take it to dump sites.........More>>> |
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What can we do to mitigate the effects of storms?
With the hot season well and truly upon us, we can export more storms, which bring thunder and lightning, strong winds and torrential rain. Sometimes these storms can cause extensive damage. Vientiane Times sought...... More >>>
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