Laos registered the first ever trade surplus of 2023 in February, when exports were worth US$505 million and imports were worth US$457 million. Total two-way trade for the month stood at US$962 million and the surplus was US$48 million, according to the latest figures unveiled on March 16 by the Lao Trade Portal under the […]
Read MoreThe Lao trade portal reported the country’s trade deficit at USD 48 million in February, USD 35 million higher than January’s figures. Laos’ overall trade deficit was approximately USD 962 million, with USD 505 million in exports and USD 457 million in imports, according to the report. February’s top exports include cassava, gold, gold ore and gold […]
Read MoreLao Airlines expects more demand from visitors wanting to travel from Laos to Danang, Vietnam after it resumes direct flights to the popular coastal city after 10 years. To make use of this new connectivity, tourism agencies in Laos and Vietnam will be organizing tour programs on this route for visitors from Laos who want […]
Read MoreSkyrocketing inflation has forced many households in Laos to slash spending on education, health and food, according to the findings of the latest survey conducted by the Macroeconomic Research Institute. Economists are concerned that reduced expenditure on health and education will undermine the long-term development of human capital in Laos. “In the first quarter of […]
Read MoreThe Laos-China Railway Company has kept its promise and brought out its LCR Ticket mobile application online today. Passengers across the country rushed to test out the new application from the early hours of Wednesday morning, with heavy traffic volume causing the payment system to stall. Nevertheless, social media users have been posting their tickets […]
Read MoreVietnam has launched a project to repair and expand roads connecting its central region to the neighboring countries of Laos, Cambodia, and Thailand. Viet Nam News reports that the project is expected to cost USD 76 million and it will upgrade roads in the central province of Quảng Nam and the Central Highlands of Vietnam that connect […]
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