28.4 C
Vientiane
Wednesday, April 30, 2025
spot_img

Economy

Japan Honors Sonexay Siphandone with Order of the Rising Sun

On 29 April, the Japanese government announced that Grand Cordon of the Order of the Rising Sun is conferred on Sonexay Siphandone, Prime Minister of Laos Examples of his major contributions related to Japan are as follows: Prime Minister Sonexay has invited the Japanese Companies to invest in Laos and to improve...

Laos Expands Vocational Training to Curb Labor Shortage

The Lao government will introduce new vocational education programs in the 2024–2025 academic year...

Laos, Vietnam Inaugurated Wharf No.3 to Boost Trade

On 28 April, Wharf No. 3 at the Lao-Viet International Port was officially inaugurated...

Vietnam to Establish English as Second Language by 2035

Vietnam is set to establish English as the second language for all general education...

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and...

Laos to Graduate from Least Developed Country Status

The United Nations General Assembly has adopted a resolution that will see the graduation of Laos from the least developed country category. Laos, along with...

Bank of Laos Orders Phousy Group Suspend Welnance Cryptocurrency Operations

The Bank of Laos has ordered Phousy Group to cease operations of its Cryptocurrency exchange known as Welnance. According to a notice issued yesterday by...

Chinese Private Security Firm Provides Security Services Along Laos-China Railway

A private security firm based in China has won the contract to provide security services for the Vientiane to Boten section of the Laos-China...

Vientiane Capital to Redevelop Canal Behind Mahosot Hospital

Authorities in Vientiane Capital are to redevelop the Don Chan drainage canal behind Masot Hospital and transform it into a clean and attractive area. The...

Laos to See Mineral Earnings of USD 463 Million in Fourth Quarter

Laos expects to earn USD 463 million in the final quarter of this year from mineral sales both domestically and for export, after earning...

Government to Spend Over USD 100 Million to Boost Domestic Production in Laos

The government of Laos plans to spend over USD 100 million to promote domestic production in the country and boost exports. A loan from China's...