Deputy Prime Minister and President of the National Disaster Management Committee Chansamone Chanyalath has urged disaster management committees at central and provincial levels across the country to attach greater attention to addressing fire incident…
Day: March 29, 2023
Laos well-prepared for China-Laos Railway cross-border passenger service: Deputy PM
Preparations for the start of cross-border passenger services on the China-Laos Railway’s Lao section are progressing well, with the new service expected to start in April, said Deputy Prime Minister Saleumxay Kommasith.DPM Saleumxay went to Luang Namt…
Vietnamese coffee reigns supreme on global coffee map
Introduced to Vietnam in the mid-nineteenth century, coffee has become one of the country’s main industrial crops. Vietnam is now the world’s largest producer of Robusta and second largest coffee exporter. Last year, its earnings from overseas shipment…
Vietnam’s central bank to cut refinance rate in next quarter: UOB
The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.“With the US Fed poised to end its rate hike cycle as soon as May 2023 a…
Asia’s GDP expected to grow 4.5 pct in 2023: report
The weighted real GDP growth rate of Asia in 2023 is estimated at 4.5 percent, an increase from 4.2 percent in 2022, according to a report released by the Boao Forum for Asia (BFA) Tuesday.In the context of a global economic slowdown and the risk of in…
Japan Committee, Vaccines for the World’s Children and UNICEF Strengthen Cooperation to Ensure Vaccines for All in Laos
The Japan Committee, Vaccines for the World’s Children (JCV), a non-profit organisation that works to support routine immunization in developing countries around the world, recently joined UNICEF on a field mission to Champassak and Attapeu provinces o…