Economics6/9/2025 1:01:12 PM
The Standing Committee of the National Assembly on June 9 praised the government’s economic performance in the first half of 2025, reporting a 4.5% GDP growth. However, it has called for urgent reforms in the second half of the year to tackle inflation, infrastructure issues, and revenue collection challenges.
Economics6/5/2025 1:19:44 PM
(KPL/VNA) The Lao Government has targeted to achieve an economic growth of 5% and more in the 2026-2030 period.
Economics6/3/2025 2:31:01 PM
Laos' total trade volume for March 2025 reached USD 1.73 billion , according to data released Monday by the Lao Trade Portal. The monthly trade figures show a positive balance, with exports outpacing imports by 160 million dollars.
Economics5/30/2025 3:10:48 PM
(KPL/VNA)A delegation from the Vietnam National Chemical Group (Vinachem) visited Laos from May 26-29 to accelerate a potassium salt mining and processing plant in the central province of Khammouane, a flagship project symbolising the deepening partnership between the two nations.
Economics5/27/2025 1:49:18 PM
(KPL) The Lao economy is growing, driven by exports of services, electricity, mining, agriculture, and manufacturing, but inflation and labor shortages continue to threaten stability, according to a new report by the World Bank.
Economics5/26/2025 1:35:20 PM
In a significant step toward strengthening regional trade and connectivity, Penang Port Sdn Bhd and Thanaleng Dry Port Co., Ltd. of the Lao People’s Democratic Republic (Lao PDR) signed a Memorandum of Cooperation (MoC) on May 25.
Economics5/26/2025 11:30:04 AM
(KPL/VNA)A hybrid forum on promoting the East-West economic corridor and a trade-tourism fair took place in the Lao southern province of Sekong on May 23, co-organised by the Vietnamese Consulate General in Pakse and Sekong authorities.