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Thursday, April 17, 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)...

Laos Sets Ambitious Targets for Energy, Mining Sector

Lao Prime Minister Sonexay Siphandone has outlined a vision for the energy and mining sector, aiming to increase its contribution to 25 percent of...

Lao Business Forum Highlights Progress, Challenges, Path Forward for Private Sector Development

At the 16th Lao Business Forum, held at the Don Chan Palace in Vientiane on 3 April, government officials, foreign diplomats, business leaders, and...

ASEAN Unveils Guidelines for Agroecology Transitions

Member states of the Association of Southeast Asian Nations (ASEAN), in collaboration with key international partners, have officially launched the ASEAN Guidelines for Agroecology...

Australian Ambassador Pushes for Deeper Laos-Australia Economic Engagement

Australian Ambassador to Laos, Megan Jones, has called for stronger trade and investment ties between Australia and Laos, stressing the importance of opportunities in...

Luang Prabang Economy Sees Steady Growth, Surpassing GDP Targets

Luang Prabang has experienced steady economic growth over the past five years, with an average annual growth rate of 6.9 percent.  The province's gross domestic...

Laos Achieves Trade Surplus of USD 310 Million in February

Laos recorded a trade surplus of USD 310 million in February, as the total value of imports and exports (excluding electricity) reached approximately USD...