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Lao PDR Continues To Maintain Growth Momentum In 2018 and 2019- ADB

(KPL) Lao People’s Democratic Republic’s economic growth is likely to be sustained this year and accelerate in 2019, while inflation will edge up, says a new Asian Development Bank (ADB) report on Apr 11, 2018. In ADB’s flagship annual economic publication, Asian Development Outlook (AOD) 2018, ADB forecasts gross domestic product (GDP) growth for the Lao PDR to reach 6.8 […]

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Laos becomes Vietnam’s top outbound investment destination

Laos has become the top destination for outbound investment from Vietnam as a result of the enhanced special solidarity and comprehensive cooperation between the two countries.  Vietnamese companies invested almost US$150 million in 28 projects in 16 countries and territories from January to March, according to a Vietnam News report. The Vietnamese Ministry of Planning […]

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China, Laos sign MoU on intellectual property cooperation

VIENTIANE, April 2 (Xinhua) — The State Intellectual Property Office of China (SIPO) and Lao Ministry of Science and Technology signed a Memorandum of Understanding (MoU) on intellectual property cooperation here on Monday. SIPO Commissioner Shen Changyu and Lao Deputy Minister of Science and Technology Houmphan Inthirath signed the agreement respectively. The MoU is to […]

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Mekong summit sees $66B worth of projects agreed to

Six countries pledged to enact $66 billion worth of projects over the next five years at the Greater Mekong Subregion (GMS) Summit in Hanoi on Saturday, with Cambodia-specific projects scheduled to receive the least amount of funding of any participant. Representatives from the six GMS countries – Cambodia, Laos, Thailand, Vietnam, China and Myanmar – […]

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