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Sunday, April 20, 2025
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Socio-Economic Development

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral tariffs introduced by the United States.  The statement, adopted during their virtual Special ASEAN Economic Ministers’ Meeting on 10 April, highlights potential disruptions to global trade.  The ten ASEAN nations, unexpectedly hit hard by President Trump's recent...

Asian Development Bank Predicts 3.9 Percent Economic Growth for Laos in 2025

The Asian Development Bank (ADB) officially launched the Asian Development Outlook April 2025 at...

First Lao-Thai Friendship Bridge Marks 31st Anniversary

The First Lao-Thai Friendship Bridge marks its 31st anniversary on 8 April.  Opened in 1994,...

Vietnam Seeks US Tariff Delay as Economic Growth Slows in First Quarter

By Lam NGUYEN/AFP - Vietnam has asked for a last-minute delay to colossal tariffs...

Bus-Rapid-Transit Road Rushing to be Completed Before Lao New Year

Vientiane is committed to completing the construction of the Setthathirath Bus Rapid Transit (BRT)...

Cambodia Withdraws from Development Pact with Laos, Vietnam

Cambodia has officially withdrawn from the regional development pact with neighboring Laos and Vietnam. The decision was announced by Cambodian Prime Minister Hun Manet...

Lao Government Increases Minimum Wage to Combat Rising Living Costs

The Ministry of Labor and Social Welfare has announced a new minimum wage policy, aiming to support workers facing economic challenges due to rising...

European Union-ASEAN Dialogue Explores Green Transition Opportunities, Challenges

European Union (EU)-ASEAN businesses and cooperation agencies discussed the opportunities and challenges of ASEAN’s green transition in the Partners’ Dialogue forum with the Delegation...

StarExpress Tourist Train Launches, Connecting Kunming to Laos

On 24 September, the StarExpress, a new cross-border tourist train, launched its inaugural journey from Kunming, China, to Luang Prabang and Vientiane, Laos.  This new...

Salavan, Ubon Ratchathani Provinces Agree on Cross-Border Water Transport Deal

Laos’ Salavan Province and Thailand’s Ubon Ratchathani Province have agreed to enhance cooperation on water transport, aiming to improve regional connectivity through key international...

Asian Development Bank Forecasts Economic Growth for Laos by Year-End Amid Challenges

The Asian Development Bank (ADB) has projected that Laos will experience a growth rate of 4.0 percent in 2024, supported by investments in services...