27 C
Vientiane
Thursday, April 10, 2025
spot_img

Socio-Economic Development

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

The Asian Development Bank (ADB), in collaboration with the Ministry of Planning and Investment of Laos, officially launched the Asian Development Outlook April 2025 at the ADB’s Lao Resident Mission (LRM) office in Vientiane. According to the report, logistics and tourism services will continue to be the main drivers of...

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)...

Bank of Laos Reduces Transfer Fees on Foreign Currency Deposit Accounts

On 3 April, the Bank of Laos (BOL) made a new announcement, mandating that...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation and processing in Laos, aiming to strengthen agricultural exports and...

Luang Prabang Launches Startup Ecosystem Initiative with South Korea

Luang Prabang Province in Laos is making strides to boost its startup ecosystem through a collaboration with Sejong City and the Hannam University Consortium...

Fighting Corruption: Laos Recovers Millions in 2024

Corruption continues to pose a significant challenge in Laos, with total losses amounting USD 32.1 million in 2024, according to the State Inspection and...

Laos to Enhance Truck Weighing Stations to Prevent Road Damage

On 26 November, Ngampasong Muangmani, Minister of Public Works and Transport, addressed concerns about road damage caused by overloaded trucks while highlighting efforts to...

YSEALI Summit 2024 Inspires Regional Collaboration Through Creative Economy

From 2 to 5 December, the Young Southeast Asian Leaders Initiative (YSEALI) Summit 2024 brought together 100 young leaders from across ASEAN and Timor-Leste...

United Nation Expert Calls for Greater Protection of Cultural Rights in Laos

Laos is taking significant steps to preserve its cultural heritage and celebrate ethnic diversity through various government initiatives. However, challenges remain in fully protecting...