Vietnamplus

Visiting Prime Minister Pham Minh Chinh and his Lao counterpart Sonexay Siphandone co-chaired the two countries’ investment cooperation conference in Vientiane on January 12.

The Lao Government has decided to completely lift the requirement on presenting COVID-19 vaccination certificates and rapid test results within 48 hours upon arrival in the country.

Laos earned more than 1.76 billion USD from electricity export in 2022, up 7.5% from last year, the country media reported.

The Lao government's officials have held a meeting with the Japan International Cooperation Agency (JICA) to discuss sustainable forest management and carry out a plan to restore forest coverage to 70% in 2035.

The Lao Government is planning to produce biofuel in an effort to reduce reliance on imported fuels.

The Lao Government and relevant energy companies plan to spend over 2 billion USD for the construction of a wind power project in Sepon district, Savannakhet province to serve domestic demand and export to Vietnam.

The Lao Government has allowed the re-opening of all local and traditional border checkpoints to facilitate trade and travelling of people in border areas after more than three years of closure to fight COVID-19.

The Lao Government is targeting to welcome 900,000 foreign tourists in 2022, with a predicted revenue of 218 million USD.

Lao Prime Minister Phankham Viphavanh applauded the cooperation between the Vietnam Academy of Science and Technology (VAST) and ministries of Laos while receiving a VAST delegation in Vientiane on July 27.

The Lao government has “green-lighted” a feasibility study on a railway route connecting the Vientiane capital with Thakhek in central Khammouane province, part of the Laos-Vietnam Railway Project (LVRP).

The Lao government is focusing on implementing an array of hydropower projects nationwide to increase its electricity exports to regional countries, including Vietnam and Cambodia.

Laos will soon sell electricity to Singapore under the Laos - Thailand - Malaysia - Singapore Power Integration Project (LTMS-PIP), Vientiane Times reported.

The Lao Government will make efforts to stabilise the economy, finance and currency in order to prevent a crisis, Prime Minister Phankham Viphavanh said at the opening of the 9th National Assembly’s third session on June 13.

The Lao government has instructed ministries to streamline procedures to facilitate trade and speed up freight transport and the export of goods, reported Xinhua news agency.

The Lao Ministry of Industry and Commerce and the Lao Fuel and Gas Association are urging people to be frugal in their use of fuel and not to travel unnecessarily.

To facilitate foreigners’ entry, the Lao Government has enabled foreigners to register for a QR code (Vaccine ID) online in order to certify their vaccination status and RT-PCR test result.

The Lao government has set an annual economic growth target of at least 4 percent by 2025, reported Vientiane Times newspaper.

The year-on-year inflation rate in Laos jumped to 6.25 percent in January, the highest figure recorded since January 2020, according to the Lao Statistics Bureau.

The Lao Government has given the green light for two private companies to carry out a feasibility study on the construction of a 220kV transmission line which would carry electricity from five dams in northern Laos to Vietnam.

Laos’ inflation is among the highest in the region, only behind Myanmar with 6.51 percent, reported the Vientiane Times.