Laos > Economy

Laos to lose favourable trading status

09/04/2020 07:43

Laos could face a trade loss of $102 million under the special tariff scheme if the country graduates from the UN’s Least Developed Country (LDC) status in 2024, a recent study found.

Laos > Economy

Nearly $37 billion invested in Laos

05/15/2020 07:48

The Lao government has approved more than 6,000 investment projects with combined funding of nearly $37 billion since the introduction of the market-oriented economy in the 1980s.

Laos > Economy

Laos takes steps to ease business registration

02/26/2020 08:05

The Lao Ministry of Industry and Commerce’s Department of Enterprise Registration and Management has eased the registration process for foreign investors, local entrepreneurs and those who want to start a new business in Laos.

Laos > Economy

Growth in Laos expected to remain resilient despite economic stresses

02/25/2020 08:02

A new set of challenges is likely to affect Laos’ economy this year, mainly the long dry season, the coronavirus outbreak and the Sino-US trade war.

Laos > Economy

Laos trade deficit hits $137M despite reaching export target

02/11/2020 08:15

Laos recorded a trade deficit of $137 million last year even though the value of exports exceeded the yearly plan, according to the Ministry of Industry and Commerce.

Laos > Economy

Special economic zones attracts over $5B in Laos

02/07/2020 08:29

Twelve special economic zones (SEZs) established across Laos have attracted investment of almost $5.7 billion and created thousands of jobs for local people, a report this week showed.

Laos > Economy

Vientiane plans to boost SME successes

01/28/2020 10:00

Vientiane authorities have devised a six-point work plan to help small and medium-sized enterprises (SMEs) to access finance, and aim to increase the number of SMEs by 10 per cent this year.

Laos > Economy

Vietnam posts $175 mln trade surplus in confectionery products

08/13/2019 13:29

Vietnam earned a H1 trade surplus of 175.24 million in confectionery and grain products, up 2.94 percent over the same period last year.


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