The kip has stabilized and inflation is dropping, but the issue of the government’s heavy external debt remains unresolved.
Vietnam edge past resilient Laos with tough 2-1 win in SEA Games opener
Vietnam secured a difficult but vital victory over Laos in their opening match of the 33rd SEA Games at Rajamangala Stadium on Wednesday.
Asian Development Bank backs Laos’ drive for climate-resilient development
The ADB is assisting Laos in developing a sustainable, inclusive, and climate-resilient economy through its Climate Adaptation Investment Planning (CAIP) technical assistance program.
Vinacomin signs coal supply contract with Laos
The agreement is the result of thorough discussions and negotiations between the parties and opens a new phase of cooperation in coal trade between Vinacomin and energy companies in Laos. It affirms …
Laos seeks more investment from Yunnan
VIENTIANE: Laos is stepping up efforts to attract more investment from China’s Yunnan province as the two sides work to strengthen trade, transport links and economic cooperation.
Thai and Lao postal agencies join forces on e-commerce
Thailand Post and Lao Post have jointly strengthened e-commerce and cross-border trade to drive digital economy connectivity across Thailand, Laos and China.
Laos prioritises agriculture to boost economy, community livelihoods
VIENTIANE: Laos continues to boost agricultural production by promoting modern techniques, quality standards, and sustainable practices, aiming to strengthen the economy and community livelihoods.
Lao government sets priorities to drive socio-economic progress
VIENTIANE: The Lao government has convened a high-level meeting to discuss priorities for the country’s socio-economic development plan, to support Laos’ graduation from Least Developed Country (LDC) …
IMF Warns Laos: Economic Gains Improve, but a Crisis Could ‘Explode’ at Any Time
The International Monetary Fund (IMF) has issued a stark warning to Laos, stating that despite improving macroeconomic …
BCEL moves towards IFRS implementation, a new era for financial reporting in Laos
International Financial Reporting Standards (IFRS). The signing ceremony, held on October 27, marks a pivotal moment in the bank’s commitment to enhancing financial transparency and accountability.