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Socio-Economic Development

EssilorLuxottica Expands in Laos with New High-Capacity Lens Facility

EssilorLuxottica, a global leader in the design, production, and distribution of ophthalmic lenses, optical equipment, and eyewear, including both prescription and sunwear, has strengthened its presence in the Asia-Pacific region with the opening of a new facility in Laos. On 11 June, the company inaugurated its second manufacturing site under...

Laos Targets Five Percent Annual Growth by 2030 Amid Economic Reforms

The Lao government has unveiled an ambitious strategy aimed at boosting national growth and...

Fake Facebook News Pages in Laos Mimic Real Media to Lure Victims in Online Scams

At first glance, everything looks real, the familiar logo, the breaking news post, the...

Vientiane, Kunming Hospitals Partner to Boost Cardiac Care in Laos

On 26 May, Mahosot Hospital in Vientiane Capital renewed its partnership with Fuwai Cardiovascular...

Laos Economy Shows Signs of Recovery Amid Fiscal Pressures

Laos’ economy is showing signs of recovery amidst a debt repayment peak, persistent inflation,...

Lao Deputy Calls for Climate, Trade Cooperation

Laos’ Deputy Minister of Foreign Affairs Maithong Thammavongsa reaffirmed Laos’ commitment to strengthening regional cooperation and accelerating climate action at the 81st session of...

Luang Prabang Surges Past Tourism Goals with Over 1.1 Million Visitors, Fueling Economic Growth

Luang Prabang experienced a tourism boom in the first quarter of the year, generating USD 584,665,369 million in revenue, marking a 162 percent increase...

Boeing Jet Bound for China Sent Back to United States Amid Tariff Tensions

A Boeing jet originally built for China’s Xiamen Airlines flew back to the United States (US) on 20 April, caught in the crossfire of...

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...

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 the ADB’s Lao Resident Mission (LRM) office in Vientiane. According to...

First Lao-Thai Friendship Bridge Marks 31st Anniversary

The First Lao-Thai Friendship Bridge marks its 31st anniversary on 8 April.  Opened in 1994, it was the first major land link between Laos and...