Laos tightens monetary policy to ease inflation

Laos tightens monetary policy to ease inflation

The Bank of the Lao PDR is set to further increase interest rate on Lao kip deposits from 10 per cent to 10.5 pc per year to alleviate inflationary pressures currently affecting the economy, reported the Vientiane Times.
Cyber fraud ring bust in Golden Triangle Special Economic Zone

Cyber fraud ring bust in Golden Triangle Special Economic Zone

Vietnamese and Lao police have successfully dismantled a large-scale cyber fraud operation in the Golden Triangle Special Economic Zone in the Lao province of Bokeo, arresting 155 Vietnamese nationals involved in sophisticated, cross-border fraudulent activities.
Laos to establish bullion bank

Laos to establish bullion bank

The Government of Laos, represented by the Ministry of Finance, has signed a shareholders’ agreement with PTL Holding Co., Ltd. to establish the Lao Bullion Bank as a reserve fund for the nation’s economic and financial system.
Vietnamese Party chief - a leader with great personality: Lao ambassador

Vietnamese Party chief - a leader with great personality: Lao ambassador

Lao Ambassador to Vietnam Khamphao Ernthavanh has affirmed that Party General Secretary Nguyen Phu Trong is a leader with great personality and an exemplary figure.
Condolences pour in over passing of Party leader Nguyen Phu Trong

Condolences pour in over passing of Party leader Nguyen Phu Trong

Heads of state and government, and leaders of parliaments and political parties; and political organisations of Laos, China, Cambodia, Cuba, and Russia have sent their condolences to Vietnam over the passing away of Party Secretary General Nguyen Phu Trong.
First Bangkok-Vientiane passenger train launched

First Bangkok-Vientiane passenger train launched

First Bangkok-Vientiane passenger train departing from Bangkok’s Thep Aphiwat station arrived in Vientiane’s Khamsavath station on July 20 morning.
Vietnam Airlines to launch Hanoi-Phnom Penh direct flight

Vietnam Airlines to launch Hanoi-Phnom Penh direct flight

Vietnam Airlines on July 13 announced a new direct flight route between Hanoi and Phnom Penh
Nghe An busts drug trafficking ring from Laos to Vietnam

Nghe An busts drug trafficking ring from Laos to Vietnam

Police in Vinh city of the central province of Nghe An announced on June 14 that they have busted a transnational drug trafficking ring from Laos to Vietnam, detaining two suspects, and seizing over 20kg of drug and related evidence.
Eight arrested for trafficking drugs from Laos

Eight arrested for trafficking drugs from Laos

Border guards of central Quang Nam province and relevant forces have arrested eight people for trafficking 198kg of drugs, including 44 heroin bricks and 181.75kg of other drug types, from Laos to Vietnam.
Vietnam in same group with Indonesia, Philippines at ASEAN Cup 2024

Vietnam in same group with Indonesia, Philippines at ASEAN Cup 2024

Vietnam is in Group B together with Indonesia, Philippines, Myanmar and Laos at the 2024 ASEAN Cup, according to the results of the official draw that was held in Hanoi on May 21.
Government greenlights wind power imports from Laos

Government greenlights wind power imports from Laos

Deputy Prime Minister Tran Hong Ha has approved a proposal for wind power imports from Laos in line with the National Power Development Plan VIII.
Laos approves feasibility study of floating solar farm

Laos approves feasibility study of floating solar farm

The Lao Government has allowed Liankham Trading Sole Co., Ltd. to carry out a feasibility study on the construction of a floating solar energy generation plant with a capacity of up to 1,500-1,600 MW.
Laos urges consumers to conserve electricity

Laos urges consumers to conserve electricity

The prolonged heat and drought, and low rainfall have caused reservoirs and dams in Laos to run dry, and hydropower plants unable to operate or reduce their generation capacity.
Many Buddha figurines unearthed in Laos’ Xieng​ Khuang​ province

Many Buddha figurines unearthed in Laos’ Xieng​ Khuang​ province

A total of 51 Buddha figurines have been recently discovered in the Lao northern province of Xieng Khuang, reported the Vientiane Times.
Laos, Thailand launch cross-border QR payment

Laos, Thailand launch cross-border QR payment

Laos and Thailand launched cross-border QR payment linkage on April 3, aiming to promote innovation and access to financial services for the benefit of their people.
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