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Vientiane
Wednesday, February 5, 2025
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Economy

Laos to Introduce New Rules to Strengthen Lao Kip, Reduce Reliance on Foreign Currency

In an effort to stabilize the national economy and reduce reliance on foreign currencies, the Bank of Laos and the Lao government are set to implement new regulations aimed at strengthening the value of the Lao kip.  The Foreign Exchange Management Department of the Bank of Laos (BOL) hosted a...

Lao Government Calls for Boost in Agricultural Production in 2025

Prime Minister Sonexay Siphandone has called on the agriculture and forestry sectors to enhance...

Traditionally-crafted Bamboo Brooms Earn National Recognition

Broom-making is more than just a craft in Bokeo’s Kang village, it’s a long...

Vientiane Launches Sustainable Tourism Initiative with Innovative Technology for Growth

The Lao government has announced plans to boost tourism in Vientiane Capital with the...

Economic Crisis, Teacher Shortages Drive Rising School Dropout Rates Across Laos

Laos has seen high school dropout rates for several years, with Attapeu, Sekong, Savannakhet,...

Recharging Asia’s Battery: What Obama Should Do in Laos

Next week, Barack Obama will be the first sitting U.S. president to visit Laos, a poor, landlocked country whose large-scale efforts to dam the...

Laotian Minister: Laos Full of Opportunities For Korean Investors

Laotian Planning and Investment Minister Souphanh Keomixay said Thursday, the Southeast Asian country seeks to strengthen economic ties with Korea through investments from private...

Toyota and Daehan Dominate Laos Auto Market

Laos Auto Market in first half of 2016 hit record sales and production. The market is dominated by Toyota and Daehan while the most of...

Lao Small Businesspeople Invest In Foreign Countries

While still small in number, the number of Lao businesses investing in other countries of Asean is increasing. Meanwhile, many more businesses from Asean nations...

Vietnam Considers Buying Electricity From Laos to Ease Reliance On China

Vietnam may import electricity from Laos to minimize the risks from relying on Chinese imports and to offset supply shortages caused by cutting off...

Fisherman Struggling with Seasonal Lower Prices

Lao fishermen, fish farmers and market traders are battling lower fish prices this rainy season as overall market supply has increased.Reservoir fishermen at the...