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Friday, November 14, 2025
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Economy

Lao State Fuel Company Set to Transform into Public–Private Joint Venture

The Lao government is moving to restructure the Lao State Fuel Company (LSFC) into a public–private joint venture as part of its broader overhaul of major state-owned enterprises, according to a report presented to the National Assembly on 13 November. Officials detailed the reform plan during the 10th Ordinary Session...

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

Asian Development Bank Predicts Positive Economic Growth for Laos

The Asian Development Bank (ADB) projects positive growth for the economy of Laos despite the effects of the ongoing Covid-19 pandemic. Vientiane Times reports that...

Water Supply in Vientiane Capital May Experience Shortages During Pi Mai

Vientiane Capital Water Supply State Enterprise has announced that residents in the capital should store and conserve water during the Lao New Year festival...

New PM Tells New Minister of Finance to Plug Leaks and End Corruption

The prime minister of Laos has urged the country's new finance minister to put an end to financial leaks, as well as ending corruption...

Nam Theun 1 Hydropower Project Now 85 Percent Complete

The Nam Theun 1 Hydropower Project is now 85 percent complete and is expected to go online in May 2022. According to a report by...

Laos-China Railway Track 80 Percent Complete

The laying of railway track for the Laos-China Railway project is now 80 percent complete, with the final sections of track scheduled to be...

World Leaders Discuss Finance for Development and Debt Management Amid Covid-19 Fallout

Laos is among 42 countries that have had their credit ratings downgraded since the onset of the Covid-19 pandemic. The world has been teetering on...