Economy

Lao Scholar Draws on History to Explore What Makes a Country ‘Great’

In many Lao communities, temples are among the cleanest places around. People sweep the grounds, tend to the gardens, and take care of the buildings. There is a shared understanding that these places are sacred, belong to everyone, and that caring for them is a collective responsibility. But why doesn't...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

Thai Energy Minister Visits Laos to Expand Cross-Border Electricity Trade Amid Corruption Probe

Thailand’s Deputy Prime Minister and Energy Minister, Pirapan Salirathavibhaga, arrived in Laos today on an official visit aimed at deepening energy cooperation, even as...

Authorities Crack Down on Expired, Illegal Goods Across Multiple Provinces

Authorities in several provinces across Laos have recently destroyed significant quantities of expired, counterfeit, and illegal consumer goods in an effort to protect public...

Rising Prices in Laos Push More into Self-Employment, Work Abroad, World Bank Says

World Bank Lao PDR - Inflation in Laos is eroding living standards and reshaping the job market, according to the latest World Bank Household...

Vietnam Revives Nuclear Power Plans in New Energy Pact with Russia

Vietnam is reigniting its nuclear energy ambitions through a new partnership with Russia, as both countries agreed to accelerate talks on building nuclear power...

Laos, United States Celebrate Groundbreaking of New Lao Customs Headquarters, Training Facility

On 14 May, constructions of a new headquarters and training facility for the Lao Customs Department began in Vientiane.   The USD 8 million project, funded...

Vietnam National University to Cut Bachelor’s Degree Duration to Three Years

Vietnam National University, Hanoi (VNU-Hanoi) aims to introduce a new undergraduate model, reducing the standard study duration from four to three years, starting in...