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 …
Laos plays key role in enhancing Australia-Asean relations: Envoy
The Australian Ambassador to Asean is visiting Laos this week, giving a clear signal that Laos plays a key role in advancing Australia-Asean relations in the coming years.
China’s Guangxi launches cross-border freight train via China-Laos Railway
A freight train left Nanning, capital of south China’s Guangxi Zhuang Autonomous Region on Saturday for Laos’ Vientiane, marking the opening of Guangxi’s first international freight train that runs …
Vietnamese business associations set up in Laos
Two Vietnamese business associations in central and southern Laos have been established as member organistions of the Vietnam Business Association for Cooperation and Investment in Laos (BACI).
Businesses showing the way with major activities in Laos
Infrastructure, tourism, and energy will be the focal point for Vietnam’s outbound investments in Laos, with major ventures newly approved there.