Lao Morning News For May 8

Four-month revenue collection amounts to only 20 percent of 2018 target
The collection of revenue throughout the nation over the past four months has reached 5,297 billion kip, equal to only 20.81 percent of the figure targeted for the whole of 2018.
— Vientiane Times

‘Visit Laos Year 2018’: A Real Boost for the Tourism Industry?
The appearance of Laos as a land with beautiful nature, peaceful temples, and historical architecture with a French touch often misleads people into thinking that the tourism industry is a considerable part of the tiny, landlocked Southeast Asian state’s economy.
— The Diplomat (paywall)

Vientiane-Vung Ang railway to cost more than US$5 billion
More than US$5 billion is needed to build a railway linking Vientiane to a seaport in Vietnam’s Ha Tinh province, Vietnamese media reported on Friday, citing study results.
— Vientiane Times

Laos looks to hydropower to boost economy
Laos has ambitions to be the region’s main producer of hydropower by 2025 – and through this, it hopes to raise its people out of poverty. But it’s not putting all its eggs into one basket, and for back-up, it’s looking at developing its mining and tourism sectors.
— Channel NewsAsia

Asian productivity body aiming to boost output
The 60th session of the Asian Productivity Organisation (APO) Governing Body being hosted by Laos in Vientiane from May 8-10 will promote government and business sector productivity through new technologies, systems, techniques and innovation.
— Vientiane Times

Lao Government Launches New Push Against Corruption
Lao government officials have launched a new push against corruption in the one-party communist state, with state inspection authorities stepping up investigations across the country and reporting in February that they had discovered up to $120,000 missing from state funds, sources in Laos said.
— Radio Free Asia

Liechtenstein prince visits Laos to discuss lecture series
Chairman of the Advisory Board of the International Peace Foundation, HSH Prince Alfred of Liechtenstein, yesterday visited Minister of Education and Sports Ms Sengdeuane Lachanthaboun.
— Vientiane Times

Lao, Indonesian entrepreneurs cement ties at business forum
Indonesian entrepreneurs held discussions with their Lao counterparts seeking business matching opportunities as part of a business forum and seminar in Vientiane on Monday.
— Vientiane Times

TK Entertainment Celebrates 5th Anniversary
Local record label TK Entertainment held a celebration for its 5th anniversary.
TK Entertainment has produced over 400 music videos and hundreds of songs since 2013.
— Lao News Agency

Feature photo James Antrobus

Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Lao morning news by AEC News Today is your one stop source for Lao PDR news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.

Lao Morning News For May 8 added by Leakhena Khat on May 8, 2018
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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.