Trade between Laos and Vietnam is expected to grow this year even as the two countries continue to battle the Covid-19 pandemic, inflation, and the spiralling price of fuel.
Vietnam helps Laos develop irrigation system
Xieng Vang irrigation project, funded by Vietnam’s non-refundable aid, began in Nongbok district, Khammoune province of Laos on April 7.
Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets
The taxing of non-resident e-commerce and digital players in Laos is part of a continuing trend in ASEAN. Read on to learn more.
Inflation jumps to record high in Laos
The year-on-year inflation rate in Laos surged 8.5 per cent in March, even more than expected, and rose to the highest figure recorded since January 2016.
Investment, stronger agricultural exports drive Laos’ economic growth
Laos’ economy is projected to grow 3.4 percent this year and 3.7 percent in 2023, due to the country’s investments to boost exports, according to the Asian Development Outlook (ADO) 2022 released by …
Laos, VN try for 10-15% uptick in trade this year
Trade between Laos and Vietnam is expected to grow this year even as the two countries continue to battle the Covid-19 pandemic, inflation, and the spiralling price of fuel.
IFC proposes $69m loan to Laos dry port developer
The project has been partially operational since December 2021 and is expected to be fully operational by the second quarter of 2022.
The Philippines and the RCEP
The Regional Comprehensive Economic Partnership Agreement, or RCEP, is a free-trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, …
India funds four development projects in Laos
The Government of India is providing US$184,677 to finance four projects relating to the improvement of facilities in the health, trade and education sectors in Laos.
Reforms Improved Business Development in Laos: Report
Manila: The regulatory environment for business development has improved across all provinces in Laos, but more needs to be done to accelerate the country’s economic recovery from the COVID-19 …