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Thursday, April 3, 2025
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Economy

Laos Sets Ambitious Targets for Energy, Mining Sector

Lao Prime Minister Sonexay Siphandone has outlined a vision for the energy and mining sector, aiming to increase its contribution to 25 percent of the country’s gross domestic product (GDP) by 2030 while ensuring sustainable development and financial stability. Speaking at the annual energy and mining sector meeting on 31...

Vientiane to Get Real-Time Bus Tracking with ViaBus

The Lao government is teaming up with Thailand to introduce ViaBus, a real-time bus...

Lao Business Forum Highlights Progress, Challenges, Path Forward for Private Sector Development

At the 16th Lao Business Forum, held at the Don Chan Palace in Vientiane...

Trump’s New Reciprocal Tariffs Hit Laos, ASEAN Hard, Threatening Key Exports

Laos is among the countries most affected by the United States' recent announcement of...

France Funds 11 Lao Civil Society Projects for Gender Equality

As part of France’s commitment to gender equality worldwide, Siv-Leng Chhuor, Ambassador of France...

Luang Prabang Economy Sees Steady Growth, Surpassing GDP Targets

Luang Prabang has experienced steady economic growth over the past five years, with an average annual growth rate of 6.9 percent.  The province's gross domestic...

Laos Signs Clean Energy Deal with Chinese, Singaporean Firms

Laos has taken another step toward expanding its clean energy sector by signing a USD 1.45 billion agreement with China Western Power Industrial and...

Laos Ranks 7th in ASEAN for Education Amid Thailand’s Rejection

Laos has been ranked 7th in ASEAN and 102nd in the world for education, according to the latest assessment by World Population Review.   The rankings...

Laos Achieves Trade Surplus of USD 310 Million in February

Laos recorded a trade surplus of USD 310 million in February, as the total value of imports and exports (excluding electricity) reached approximately USD...

Nam Theun 2 Marks 15 Years with Golf Classic in Vientiane

On 15 March, Nam Theun 2 Power Company Limited (NTPC) celebrated its 15th anniversary with the Nam Theun 2 Golf Classic, held at the...

Lao Government Grants Tax Exemption Up to 30 years for Amata Investment Zone

On 20 March, members of the National Assembly (NA) approved a special incentive package for investors in the Amata Special Economic Zone, granting them...