logo
Read More

Investment in Lao industry stagnates

VIENTIANE (Vientiane Times/ANN) – The growth rate of factories in Laos is continuing to moderate despite the government improving its policies and regulations to attract investors. The number of factories has grown by just 5 percent annually, according to statistics collected by the Department of Industry and Handicrafts under the Ministry of Industry and Commerce.       […]

Read More
Laos-Falls-in-Global-Competitiveness-Ranking-696x364
Read More

Laos Falls to 113rd Place in Global Competitiveness Ranking

Laos has slipped down to a ranking of 113rd out of 141 surveyed countries in the annual Global Competitiveness Report 2019, while several neighboring countries, including Vietnam, climbed up on the list thanks to improvements in economic and business activities. The report, which is compiled by the World Economic Forum, contains the Global Competitiveness Index that […]

Read More