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Laos-Vietnam Oil Pipeline Project Expected to Go Ahead

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The Laos-Vietnam oil pipeline project is an ambitious plan to import diesel and petrol fuels to Laos from Vietnam by way of a 306km pipeline.

The project will involve construction of two pipelines, as well as pumping stations and warehouses. A bonded warehouse in Hon La Harbor, Vietnam, will store …

Vientiane Capital Expects 11 Percent Economic Growth

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Authorities of Vientiane Capital are hoping to see economic growth of 11 percent this year, with an expected GDP increase of 41.6 trillion kip.

The annual average per capita income for residents of Vientiane Capital is also expected to reach US$5,000.

Industry is expected to grow by 47 percent of …

Vegetable Prices Increased over New Year

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Vegetable prices rose over the new year holiday period, while the market price of meat remained steady.

Each new year, the prices of vegetables including onions, mint, coriander, tomatoes, morning glory, Chinese cabbage, and lettuce tend to increase due to a shortage in supply.

Although a request has been made …

New Mobile Banking App for Joint Development Bank

Joint Development Bank (JDB) has announced plans to offer a mobile banking app to its customers. The banking app will provide customers with a high-tech money transfer system and e-commerce or online banking system, to ensure customers can access convenient, safe and less time-consuming banking services in 2017.

Joint Development Bank (JDB) has announced plans to offer a mobile banking app this year. The mobile banking app will provide customers with a high-tech money transfer system and e-commerce, or online banking system, which will ensure customers can access convenient, safe and less time-consuming banking services in 2017.

Meanwhile, …

No Stop To Rising Fuel Prices in Laos

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The Ministry of Industry and Commerce has announced a fuel price increase across the country to match the rise in fuel prices on the world market, to take effect from yesterday.

This is the second fuel price hike this month, with the first occurring on December 15.

In Vientiane the …

SDGs’ Message Dispersed in Luang Prabang

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About 500 officials, lecturers and students at Souphanouvong University in Luang Prabang province gained insight about the implementation of the nation’s Sustainable Development Goals (SDGs) this week.

The information on SDGs was presented in Luang Prabang on Monday by speakers from international agencies along with the Ministry of Foreign Affairs …

Foreign Aid on the Decline

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Prime Minister Thongloun Sisoulith has called for central and local departments to do more to pursue the development agenda and strive for greater self-reliance as foreign aid to Laos declines.

The premier gave the advice at a two-day meeting held last week to instruct officials on the implementation of the …

Pakxong to Become Champassak’s Second Largest Town

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The district of Pakxong will be developed into the second largest urban centre in Champassak province after Pakxe, according to a provincial official.

Champassak province has been undertaking groundwork to develop the town with Ho Chi Minh City of Vietnam creating a new urban plan for Pakxong to deal with …