Economics6/17/2025 9:52:58 AM
To advance private sector investment in sectors critical to sustainable economic growth and job creation, the International Finance Corporation (IFC) is partnering with the government of The Lao PDR to improve the legal framework for Public-Private Partnerships (PPP), streamline investment entry and operational procedures, and enhance the overall business environment in the Lao PDR.
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.
- Economics
6/3/2025 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.
- Economics
5/26/2025 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.
