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Vientiane
Sunday, March 16, 2025
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Economy

Laos Tackles Bureaucratic Bloat with Major Government Overhaul

As Laos continues to grow and change, the Lao People’s Revolutionary Party has recognized that its government structure isn't keeping pace with the country's fast development. In response, the Party has announced a major restructuring, focusing on both ministry and constitutional changes to improve the overall governance framework. Despite previous...

Laos Prepares for 2025 Digital Census with Training Initiatives

On the top floor of the four-story Lao Statistics Bureau (LSB) building, located about...

Digital Growth in Laos with Internet Faster by 17.8 percent in Early 2025

The internet and social media landscape in Laos experienced significant growth in 2025, driven...

Most Asian Stocks Drop as Trump Trade Policy Sows Uncertainty

Hong Kong, China AFP-Asian equities mostly fell 5 March as investors fret over Donald Trump's...

Laos Seeks Larger Share of Global Cassava Market Amid Growing Demand

Laos is aiming to expand its cassava exports and attract more international customers, especially...

Economists Query Accuracy of Investment Figure

Economists have queried the investment figure reported by the government, saying it does not reflect the reality of economic growth. Minister of Planning and Investment...

Residents Await Compensation for Nongkhang Airport Lands

Huaphan province wants to help the people affected by Nongkhang airport construction that are suffering from a lack of rice to eat after losing...

NA Session Ends after Approving Laws, Financial Targets

The National Assembly (NA) has approved a GDP target of 600 trillion kip over the next four years, also setting the average economic growth...

Amended Investment Law Offers Tax Incentives, Shortens Concession Period

Amendments to the Investment Promotion Law offer more tax incentives and shorter investment concession periods in a bid to attract more investors while ensuring...

Laos is World’s Greenest Country

Among Asian countries, Laos has the highest percentage of forest area at 92.1 percent of the total area of the country. On the other...

Korean Companies Eye Trade Expansion in Laos

One-on-one business consultations were held between company representatives from the Republic of Korea and Lao buyers in Vientiane yesterday as part of efforts to...