Economics10/7/2026 2:36:50 PM
Laos plans to gradually stop exporting raw materials in the coming years as part of efforts to increase domestic processing, retain more economic value within the country and strengthen self-reliance.
Economics10/7/2026 2:32:47 PM
The Bank of the Lao PDR (BOL) has outlined measures to control inflation, stabilize the Lao kip and promote credit for domestic production as the National Assembly reviews the country's economic and monetary situation.
Economics10/7/2026 2:22:41 PM
The government plans to strengthen the collection and management of state revenue from mineral resources, land leases and concessions, construction contracts and large-scale projects to ensure national resources contribute more effectively to socio-economic development.
Economics10/6/2026 9:22:29 AM
(VNA/KPL) Vietnam–Laos Product Week, themed “Beautiful Champa Flowers,” opened in Hanoi on October 1 as part of the “Vitality of Vietnamese Goods” programme, bringing distinctive products from the two countries closer to consumers while creating opportunities for businesses to expand market links.
Economics10/6/2026 9:14:32 AM
Laos may miss its target of keeping inflation at 5 percent in 2026, as average inflation reached 7.9 percent during the first nine months of the year, Prime Minister Saleumxay Kommasith told the 2nd Ordinary Session of the 10th National Assembly on October 5.
Economics10/5/2026 11:03:05 PM
The National Assembly Standing Committee has urged the government to step up efforts during the final quarter of 2026 to achieve the country's socio-economic development targets, including the annual economic growth target of 5.5 percent.
Economics10/1/2026 2:18:00 PM
Laos' inflation rate rose to 7.9 per cent in September, up from 7.7 per cent in August and 7.6 per cent in July, driven mainly by higher fuel prices, adjustments to education-related goods and services for the new academic year, and seasonal price fluctuations.
