
Vietnam PM's Laos Visit Boosts Bilateral Ties
Vietnamese Prime Minister Phạm Minh Chính's visit to Laos has injected fresh momentum into the 'special relations' between the two nations. Enhanced cooperation across various sectors, including economic collaboration and infrastructure development, is anticipated.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- US Fed Holds Rates Steady, Minimal Impact Expected for Laos
The US Federal Reserve's decision to hold its policy interest rate steady is unlikely to have a significant direct impact on Laos's economy. However, global economic trends may indirectly affect Laos's economic recovery.
- Young Farmer Cultivates Over 100 Million Kip Annually Through Integrated Farming
A young female law graduate in Laos has found success by returning to her family's farm and adopting integrated agricultural practices. By combining rice cultivation, vegetable farming, and animal husbandry, she achieves an annual income exceeding 100 million kip, highlighting the potential for youth in agriculture and community economic development.
- Laos Inflation Eases Slightly but Remains High Amid Elevated Electricity Costs
Laos' inflation rate eased slightly to 7.7% in October from 7.8% in September, but households continue to face high electricity bills and other daily expenses. The central bank plans to curb inflation through measures like promoting Kip usage and tightening monetary policy.
- Laos's Largest Wind Farm Project to Contribute Over US$200M to Govt Over 25 Years
The Monsoon Wind Power Project, Southeast Asia's largest wind farm in southern Laos, is projected to contribute nearly US$200 million to the Lao government over 25 years through electricity exports to Vietnam, while also supporting local communities.