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Vientiane
Tuesday, November 11, 2025
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Economy

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to about 88 percent in 2025, Prime Minister Sonexay Siphandone said on 10 November.  Sonexay, speaking at the 10th Ordinary Session of the 9th National Assembly,  also shared that authorities had focused on proactively implementing the state...

Laos Launches Second Phase of Public Financial Management Project

Laos has received USD 17.5 million in support from the World Bank for the...

New Boten-Mohan Shuttle Enhances Connectivity, Regional Integration

On 3 November, Laos and China officially launched the cross-border shuttle service between Boten...

New Partnership Strengthens River Data, Forecasting, Sustainable Development in Laos

MRC - The Mekong River Commission (MRC) and the Government of Australia have reinforced...

Over 2,500 Vientiane Students, Teachers to Support 12th National Games

The Vientiane Capital Department of Education and Sports announced that 2,583 teachers and students...

Vientiane Faces Higher School Dropout Rates in 2023-2024

Dropout rates in Vientiane Capital increased by approximately 13.3 percent during the 2023-2024 school year, government officials said. On 17 December, during a National Assembly...

Korea Funds Bridge, Road Safety Upgrades on National Road in Laos

On 19 December, the Korea International Cooperation Agency (KOICA) announced a grant of USD 13 million to upgrade six bridges and improve road safety...

Vientiane Surpasses Poverty Reduction Target, 99.43% Progress Achieved

Almost the entirety of Vientiane’s population is now above the poverty line, according to Sengaloun Souliyavong, the Head of Vientiane's Department of Agriculture and...

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19...

Rising Costs Prompt Market Reform Proposals

National Assembly Representative for Vientiane Capital, Valy Vethsaphong, has called on the Lao government to address the rising prices of essential goods, despite the...

Vientiane Economy Hits 5.85 Percent Growth, Beating Expectations

Vientiane Capital's economy grew by 5.85 percent, surpassing the National Assembly's initial target of 0.30 percent, according to the city Mayor Atsaphangthong Siphandone.  Atsaphangthong reported...