Lao Morning News For May 31

Logistics giant Linfox signs with Vientiane
LINFOX has today become the first foreign logistics company to operate in Laos with the signing of a joint venture with the Lao Logistics Group in Vientiane.
— Big Rigs

Foreign Visitor Arrivals Decrease by 11% in Q1
The number of overseas tourist arrivals in Laos is decreased by 12 percent in the first three months of 2017, downing from 1.24 million people in the same period last year to 1.11 million people in March this year.
— Lao News Agency

Lao bankers open to emerging tech trends
THE LAO banking sector will have an opportunity to apply the use of new technology in banking solutions especially for payment and enterprise integration.
– The Nation

Vietnam, Laos sign protocol on adjustment of good transit deal
A protocol adjusting the goods transit agreement between Vietnam and Laos has been signed, creating favourable conditions for transit of goods between the two countries.
— NNT

Laos, Austria to further enhance cooperative ties
Laos and Austria have reaffirmed their commitment to further enhance relations and continue cooperation in the development of respective fields between the two countries.
— Vientiane Times

ODOP Fair 2017 Draws over 100 Booths
Over 130 booths of the “One District, One Products” (ODOP) are on display at the 4th ODOP Fair 2017, which was officially opened at Lao ITECC in Vientiane Capital, on May 29.
— Lao News Agency

Benefits from integration elude Laos
ALTHOUGH the Asean Economic Community has resulted in increased economic activity between Laos and other countries in the regional bloc, the nation still must overcome numerous challenges to benefit from regional economic integration.
— The Nation

Gov’t encourages investment in children
Government agencies from central through local levels continue to prioritise children’s needs and rights from birth to maturity and beyond through health care and hygiene, nutrition, education, labour and social welfare, justice and protecting them from all forms of violence.
— Vientiane Times

Power system master plan underway in Laos
Ministry of Energy and Mines, Japan International Cooperation Agency (JICA) Laos and Electricite du Laos (EDL) have cooperated to launch the Power System Master Plan project in Laos.
— Vientiane Times

New programme to promote rural employment
Laos has launched its second Decent Work Country Programme to promote inclusive and sustainable development through employment creation, vocational skills development, the application of labour standards, the extension of social protection, and the promotion of social dialogue.
— Vientiane Times

Waving century old wards goodbye as China helps modernise Mahosot
Chinese architects are at the capital’s central Mahosot Hospital to collect basic information and data this week as they begin design works for the construction of a brand new hospital building to replace a century old colonial era structure.
— Vientiane Times

Bankers, Officials, Academics Learn Value Chain Finance
Representatives from different banks, finance institutes, and the law sector as well as teachers from banking and financial colleges have completed a learning session about value chain finance to improve their knowledge and capacity.
— Lao News Agency

Café Amazon PTT Franchise to Expand Further
The PTT of Thailand has a plan to expand its master franchise of Café Amazonto 13 petrol stations in the Lao PDR.
— Lao News Agency

Vietnam steps up Lao National Assembly building project
A ground-breaking ceremony for a building of the Lao parliament, a gift from Vietnam to Laos, will be held on July 18, 2017, which is also the day the two countries signed the Treaty of Friendship and Cooperation in 1977.
— Vietnam Plus

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Lao Morning News For May 31 added by Leakhena Khat on May 31, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.