• Phonesack Invests $4 Billion in Coal-Fired Power Plant to Boost Laos-Cambodia Energy ConnectivityEconomics

    Phonesack Invests $4 Billion in Coal-Fired Power Plant to Boost Laos-Cambodia Energy Connectivity

    4/10/2025 12:12:19 PM

    Phonesack Group held a groundbreaking ceremony on April 2 for a 4-billion-dollar coal-fired thermal power plant project in Kalum District, Xekong Province, southern Laos. The event was attended by Deputy Prime Minister Saleumxay Kommasith, the Minister of Energy and Mines, the Provincial Governor, and key guests from public and private sectors. The project is being developed by the Phonesack Group.

  • ADB, Lao PDR Collaborate to Host Workshop on Financing Resilient GrowthEconomics

    ADB, Lao PDR Collaborate to Host Workshop on Financing Resilient Growth

    4/3/2025 12:33:16 PM

    The Asian Development Bank (ADB), in partnership with the Ministry of Finance, organized the two-day Workshop on Scaling Up Financing for Resilient Growth in the Lao PDR, which brought together more than 100 senior government officials, development partners, and sector experts to discuss ways to drive resilient growth in the country in an integrated manner.

  • Laos Signs MOU for Solar Energy Project in Two ProvincesEconomics

    Laos Signs MOU for Solar Energy Project in Two Provinces

    3/28/2025 2:52:58 PM

    The government signed a Memorandum of Understanding (MOU) with AB Construction and Shaochun Hung Heuang Co., Ltd. to conduct a feasibility study for a solar power project in Bolikhamxay and Sekong provinces on March 26, 2025.

  • Laos Energy Development Plan for Net-Zero Emissions UnveiledEconomics

    Laos Energy Development Plan for Net-Zero Emissions Unveiled

    3/26/2025 12:16:21 PM

    The ASEAN Centre for Energy (ACE) has released a study titled "Energy Sector Development Plan for Net-Zero Emissions in Laos". The study, published on March 25, 2025, underscores Laos' commitment to achieving net-zero greenhouse gas emissions by 2050, aligning with its Nationally Determined Contributions (NDC) under the Paris Agreement.

  • Vietnam, Laos promote payments in local currencies to boost trade Economics

    Vietnam, Laos promote payments in local currencies to boost trade

    3/17/2025 9:39:17 AM

    (KPL/VNA) A conference was held in Vientiane on March 14 to promote the use of the Lao kip (LAK) and the Vietnam dong (VND) in payments for goods and services between the two countries.

  • Laos, China Launch 500-kV Interconnection ProjectEconomics

    Laos, China Launch 500-kV Interconnection Project

    2/27/2025 2:05:53 PM

    The Laos-China 500-kV Interconnection Project, a key initiative under the China-Laos Community with a Shared Future Action Plan, is set to be completed and operational by 2026.

  • Vietnam, Laos strengthen energy cooperationEconomics

    Vietnam, Laos strengthen energy cooperation

    2/17/2025 11:32:52 AM

    (KPL/VNA) The Lao Government and Chitchareune Construction Co., Ltd. on February 13 signed an agreement to develop a 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province which aims to supply electricity to Vietnam from late 2027.

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