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Monday, April 21, 2025
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Economy

Laos-China Railway Celebrates Two-Year Anniversary of Cross-Border Service with 480,000 Passengers

The Laos-China Railway has marked its second anniversary of cross-border operations, having transported 480,000 passengers from 112 countries since the service began. The railway has significantly improved travel between Laos and China, offering a quicker and more convenient mode of transport, especially for tourists. Cross-border services were officially launched on 13...

Vietnam to Export Power to Singapore, Malaysia; Import More from Laos, China

Vietnam has revised its national power plan as it pushes for double-digit economic growth...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral...

Government Raises Student Living Allowances Nationwide to Boost Education Access

The Ministry of Education and Sports has announced a nationwide increase in monthly living...

Laos Exports Farm-Raised Pangasius to China in Milestone Aquatic Trade Deal

Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China,...

Covid-19 Restrictions Could be Eased to Minimize Economic Impact

Authorities have said that after 11 consecutive days without a new case of Covid-19 in Laos, some lockdown restrictions could potentially be eased. Prime Minister...

Laos to Experience Stunted Economic Growth amid Coronavirus Pandemic

As a result of the effects of the Covid-19 pandemic, Laos' Gross Domestic Product (GDP) is expected to rise by only 3.3 percent in...

Vientiane Economic Officials Patrol Wet Markets, Enforce Price Controls

Government officials from Vientiane Capital were on the scene at wet markets to enforce compliance with the government's instruction prohibiting price gouging of essential...

World Bank Approves Emergency Financing for Covid-19 Response

The World Bank’s Regional Vice-Presidency of the East Asia and Pacific Region yesterday approved US 18 million for Lao PDR to help the country...

Ministry Orders Temporary Suspension of Mining Activities, Hydropower Construction

The Lao Ministry of Energy and Mines has ordered the temporary suspension of mineral processing plants and hydropower construction projects under a new notice...

Lao Government To Provide Tax Breaks, Reduced Rates Amid Coronavirus Outbreak

The Lao government is to reduce and defer the payment of tax, customs, and other administrative fees during the coronavirus outbreak. Deputy Prime Minister Dr....