Economics11/10/2025 11:59:19 AM
Laos’ economy is projected to grow by 4.8% by the end of 2025, reflecting steady progress under the government’s five-year socio-economic development plan for 2021–2025.
Economics11/6/2025 9:47:57 AM
(KPL/VNA) The Binh Son Refining and Petrochemical JSC (BSR), a member of the Vietnam National Industry-Energy Group (Petrovietnam), will further expand its export portfolio to Laos under a memorandum of understanding (MoU) signed recently with Somvanchaleun Petroleum Jelly of Laos.
Economics10/23/2025 9:54:50 PM
A special seminar on Geoeconomics and Regional Trade Dynamics was held in Vientiane today, convening experts from Laos and Australia to discuss strategies for navigating a shifting global economic landscape and advancing Laos' development priorities.
The event was co-hosted by the Lao Academy of Social and Economic Sciences (LASES) and the Australian National University (ANU), with support from the Laos-Australia Friendship Association.
Economics10/16/2025 5:30:08 PM
(KPL/VNA) The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9% to 3.7%, citing debt vulnerabilities, weak demand, and trade tensions.
- Economics
10/15/2025 2:24:44 PM
Laos’ tourism sector is showing promising signs of recovery in 2025, with more than 3 million tourist arrivals recorded in the first eight months of the year.
According to Mr. Khampheuy Philapha, Director of the Personnel Department, Ministry of Culture and Tourism, more than 3 million visitors entered the Lao PDR between January and August 2025, highlighting a steady rebound for the sector following global and regional challenges.
- Economics
10/10/2025 9:42:27 AM
The Xeuchin Wind Power Projects 1 and 2 in Bolikhamxay Province, are rapidly approaching completion, with over 80% of construction already finished.
The projects are on schedule to begin generating electricity by the end of 2025.
According to Project Director Mr. Ruang Jungang, both Phase 1 (250 megawatts) and Phase 2 (350 megawatts) are set to commence commercial operations by the end of this year. The electricity generated will be exported to Vietnam under a cross-border energy cooperation agreement.
Economics10/2/2025 1:03:24 PM
In a strategic move to address ongoing economic challenges and foster financial sector development, Laos will host its first-ever "Lao Money Expo 2025" this December, organizers announced.
