Economics11/10/2025 1:06:57 PM
The Lao Agricultural Business Association, through the Lao Durian Business Sector, led by Mr. Elavan Ladpakdee, Director of Elavan Golden Food Sole Co., Ltd. and founder of the Lao Durian Business Group, welcomed a delegation from the Thai Durian Association, headed by Vice President Mr. Witthaya Sobchon, during a visit held from 4 to 5 November 2025.
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.
