Vietnam PM's Laos Visit to Deepen 'Strategic Cohesion' for Enhanced Economic Ties
Economy

Vietnam PM's Laos Visit to Deepen 'Strategic Cohesion' for Enhanced Economic Ties

Vietnamese Prime Minister Le Minh Hung's official visit to Laos aims to concretize 'strategic cohesion' between the two nations. The focus is on strengthening cooperation in trade, investment, infrastructure, and energy, translating political ties into tangible economic outcomes.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • Laos Faces Economic Headwinds Amidst Inflation Fears and Regional Dependencies

    Laos' economy shows signs of slowing growth, facing inflationary pressures and increasing dependence on China and Vietnam. The IMF points to widening fiscal deficits and currency depreciation as risk factors, highlighting the urgent need for domestic economic diversification.

  • Made in Laos Exhibition Targets Global Markets, Stronger Lao Brands

    The 'Made in Laos 2026' exhibition is underway at the Lao-ITECC Exhibition Centre, featuring 160 companies from 17 provinces. The event aims to enhance access for Lao products to international markets and strengthen domestic brands, with participation from neighboring countries including Thailand, Vietnam, and China.

  • NA Members Urge Maximizing State and Community Benefits from Mineral Development

    Laotian National Assembly members have called for maximizing state and community benefits from mineral development, urging stronger oversight, domestic processing, and environmental protection. Proposals included reviewing concessions, suspending some rare-earth projects, and enhancing local community gains.

  • Laos Inflation Averages 7.9% in First Nine Months Despite Trade Surplus

    Laos recorded a trade surplus of US$1.356 billion and 4.8% economic growth in the first nine months of the year, despite an average inflation rate of 7.9%. However, challenges in revenue collection and heavy reliance on natural resources highlight structural issues for sustainable development.