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Thursday, October 16, 2025
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Economy

Laos Offers Incentives, Scholarships to Strengthen Education in Remote Areas

Laos is introducing new incentives and scholarships to improve education in rural areas, linking teaching with military service to address ongoing teacher shortages.  The government’s latest plan provides a comprehensive package of salary increases, teaching allowances, and bonuses designed specifically for rural volunteer teachers who will become military officers, as...

Work to Start on Vientiane-Hanoi Expressway Section Two, Completion Expected by 2030

Construction of Section 2 of the Vientiane-Hanoi expressway, which will connect Paksan district to...

Laos Targets 90 percent Urban Water Access by 2030

Following the recent announcement of major transport and city infrastructure projects, the Ministry of...

Luang Namtha Sees Nine Percent Growth in Tourist Arrivals in First Nine Months of 2025

Laos’ northern Luang Namtha Province recorded a steady increase in tourism in 2025, welcoming...

Lao Authorities Confirm International Economic Growth Forecasts in Newly Released Outlook

Lao officials have formally confirmed earlier international projections for the country's economic performance, forecasting...

Laos to Clear 10,000 Hectares of UXO in 2020

The Lao National Regulatory Authority (NRA) for the UXO and mine clearance sector has set a target this week to clear and destroy unexploded...

Laos to Experience Electricity Shortage During Hot Season

Electricity generation will not be sufficient to supply all areas in Laos during times of peak consumption from March to June, according to authorities,...

Laos Suffers Trade Deficit of USD 137m in 2019

Laos recorded a trade deficit of USD 137 million in 2019, although the country exported more than its yearly plan. The value of exports last...

Laos Sees 145% Energy Export Growth between 2016-2020

Laos has increased its electricity exports by 145 percent over the past five years amid a growing number of hydropower plants. The country expanded electricity...

World Bank Classifies Laos as Lower-Middle-Income Economy for 2020

The World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year. The bank classifies the world’s economies...

Moody’s Assigns First-time Issuer Rating of B3 to Laos

American credit rating agency Moody’s has assigned a B3 rating with a positive outlook to the government of Laos, citing the country’s high economic...