Government
National government
MADB’s ministry relocation aims to improve efficiency
Myanmar Agricultural Development Bank, the only state-owned bank in the agriculture sector, was under the Ministry of Agriculture, Livestock and Irrigation. But from now on, the institution has been relocated to the Ministry of Planning and Finance which will make loan processes more efficient, according ...
VN air quality bad over half the year
In four years, from 2011 to 2015, more than 50 per cent cent of all monitored days in Việt Nam posted low air quality. The World Health Organisation repeatedly issued warnings that Việt Nam is among the most air polluted country in the Asia-Pacific region, ...
Gov’t promises continued effort at third NA session
The government has made tangible achievements in implementing its socio-economic development plan over the past six months while it says efforts will be continued for achieving its planned targets. Prime Minister Mr Thongloun Sisoulith, representing the government, spoke to the National Assembly about its intentions in ...
Government meets with Laos
Minister of Interior Sar Kheng and Laotian Minister of Public Security Somkeo Silavong on April 25 reaffirmed their commitment to increasing cooperation and security along their common border, despite recent standoffs between soldiers on each side due to a contentious road being built along the ...
Lawmakers debate mid-term investment projects
Disqualified projects will be removed from the list of mid-term public investment projects in the 2016-20 period, National Assembly Vice Chairman Phùng Quốc Hiển said on April 20. The 14th session of the NA Standing Committee continued its ninth meeting on April 20 with a ...
Long-term national strategy bill sails through NLA first reading
The National Legislative Assembly on April 20 passed the national strategy bill in its first reading and went into executive session to pass the Royal Administration Act in three straight readings. The strategy bill was approved for vetting by 196 votes with three abstentions. Deputy Prime Minister ...
First two pre-election organic laws submitted to NLA: Meechai
Chief Charter Drafter Meechai Ruchupan said on April 18 that he had submitted the first two organic laws essential to the next general election to the National Legislative Assembly. They are the draft bills on political parties and the Election Commission. Meechai said deliberation on these ...
New law offers incentives to attract investment
A newly-amended Investment Promotion Law has recently been promulgated, offering a variety of incentives to attract investment in both promoted sectors and hardship areas. Businesses investing and operating in hardship communities (known as Area I),where infrastructure has not yet been developed, will enjoy favourable profit ...
Russia rewards National Assembly President
The government of the Russian Federation has awarded the President of the Lao National Assembly Ms Pany Yathotou with an Order of Friendship for her great contribution to the development of cooperation between Laos and Russia. The award ceremony took place yesterday at the Russian Embassy ...
Laos, Vietnam tighten financial cooperation
Laos’ and Vietnam’s finance ministries recently signed a cooperation agreement for the period 2017-2020. The agreement was signed in Vientiane by Lao Ministry of Finance Office Head Mr Somboun Inthapatha and Deputy Director General of the International Cooperation Department of the Vietnam Finance Ministry Mr ...