Lao Morning News For May 25

Lao Morning News For May 25

Lao PDR morning news

Lao economy forecast to grow 7 percent annually
The Lao economy is projected to grow around 7 percent annually between 2017 and 2019, according to the latest edition of the World Bank’s Lao Economic Monitor released in Vientiane on May 24.
– VietnamPlus

Laos, Thailand agree on master plan
THAILAND AND Laos have agreed to draw up a a five-year master plan to double the value of bilateral trade and investment to US$10 billion (Bt344 billion) by 2021.
– The Nation

Lao PDR’s Reforms Can Strengthen and Sustain Inclusive Growth
The Lao PDR economy is projected to expand at around 7 percent annually for the period 2017 to 2019, higher than other countries in the region, according to the latest edition of the World Bank’s Lao Economic Monitor, released on May 24.
– The Financial

Dual listings promoted in bid to deepen corporate relations
THAILAND is opening the door to Lao enterprises seeking to diversify their funding sources with the government’s support for the dual listing of Lao companies on the stock exchanges of both countries, Deputy Prime Minister Somkid Jatusripitak said on a visit to Vientiane yesterday.
– The Nation

Committees work to facilitate Vietnamese, Lao enterprises
Representatives from the Vietnam-Laos Cooperation Committee have worked with their counterparts from the Laos-Vietnam Cooperation Committee on the implementation of the Hanoi Agreement 2017 and the “one-stop-shop” customs model at the pair of Lao Bao-Densavan border gates.
– VietnamPlus

Laos, Thailand boost trade, investment cooperation
High ranking Lao and Thai officials met in Vientiane yesterday to discuss increased cooperation across different sectors in order to promote trade and investment between both nations.
– Vientiane Times

Laos Partners with WB for Lasting Accessible Opportunities
A new partnership framework between the Lao PDR and the World Bank Group focuses on opportunities for all, sustained green growth, and improved access to human and infrastructure services.
– Lao News Agency

Reasons revealed for slow power grid expansion
A number of unapproved power grid expansion projects have been suspended stemming from the fact that there has been no progress on the projects, a minister recently told the National Assembly (NA).
– Vientiane Times

Govt takes step to develop VungAng Seaport
The government has instructed relevant sectors to study the establishment of a Lao joint state-private company to join its Vietnamese counterpart to develop a seaport in Vietnam, the government spokesman has said.
– Vientiane Times

 

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