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Vientiane
Wednesday, January 8, 2025
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Economy

Vietnam, Laos Promote Trade, Industrial, Energy Cooperation

On 3 January, the Ministry of Industry and Trade of Vietnam and the Lao Embassy in Vietnam agreed to continue coordinating closely to promote economic, trade, industrial, and energy cooperation between the two countries in Hanoi, Vietnam. According to state media, Nguyen Hong Dien, Vietnam's Minister of Industry and Trade,...

New Lao-Thai Bridge Close to Completion

Construction of the fifth “Friendship Bridge” across the Mekong River, linking Bolikhamxay Province in...

Lower Inflation in Laos in 2024, but Cost of Living Remains High

Laos’s inflation rate dropped in 2024 to 21,3 percent, down from 31,2 percent in...

Lao Government Addresses 73,000 Illegal Workers Abroad

The Lao government has revealed that more than 73,000 Lao workers are currently working...

ChildFund Bids Farewell to Laos After 14 Years

After 14 years of development work in Laos, ChildFund in Laos held its close-out...

Fewer Businesses Opening in Laos

The number of entrepreneurs opening businesses in Laos declined by 13 percent over the past 10 months of this fiscal year compared to the...

Indochina Bank Sees Customer Increase

The number of VIP customers holding accounts at the Indochina Bank has seen a rapid increase this year. A bank executive revealed the figure...

Residents Await Laos-China Railway Compensation Payments

Preliminary counts have been completed in the provinces through which the Laos-China railway will pass, to pave the way for compensation to be paid...

Laos-Thailand Railway Link Set for Expansion Next Year

Phase II of the Laos-Thailand railway, which will see the line extended from the suburbs to central Vientiane, is set to resume after the...

Switzerland Gives Further Boost to Poverty Reduction Fund

Switzerland has agreed to contribute US$18 million to help Laos reduce poverty and achieve the targets set in the National Socio-Economic Plan. A grant agreement...

Govt to Get Tougher on Regulation of Investment Projects

The Ministry of Planning and Investment has issued an instruction that will more closely regulate government-funded investment projects from the start of work until...