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The year-on-year inflation rate in Laos surged to 9.9 percent in April, the highest figure recorded since January 2016, according to the latest report from the Lao Statistics Bureau. The consumer price index jumped at its fastest pace in recent months, further putting the squeeze ...

Inflation in Laos is set to move beyond a six-year high, jumping from 6.25 percent in January to 7.3 percent in February, according to the Lao Statistics Bureau. While the government had set a target of at least 4% annual GDP growth from now through 2025, ...

The Lao economy is projected to steadily recover in the medium-term, but growth will remain below pre-pandemic levels at 4.5 percent in 2022. The Lao economy is projected to grow at 3.6 percent, down from the 4 percent growth anticipated in March 2021. The main risks ...

Laos recorded a trade deficit of US$78mil in December 2020, according to the latest information from the Lao people’s Democratic Republic Trade Portal website.Laos’ export during December were worth US$468 million, while the value of import was US$546 million, said the report.Keep reading  ...

Xinhua- In 2019, the export value from Laos to Vietnam in the first nine months was 757.4 million U.S. dollars, which increased to almost 758 million U.S. dollars, according to the Lao Ministry of Industry and Commerce. Vietnam remained Laos’ third-largest trading partner and third-largest foreign ...

VIENTIANE (Vientiane Times/ANN) – The combined trade value of imports and exports between Laos and Vietnam in eleven months of this year achieved US$1,038 million, a rise of 12.28 per cent compared to the same period last year.The bilateral trade figure is expected to reach ...

Hanoi (VNA) – Trade cooperation was a spotlight of the Vietnam-Laos relationship in the first ten months of this year, with revenue reaching 940 million USD.The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen ...

VIENTIANE (Vientiane Times/ANN) – Lao businesses will be better able to expand their markets and compete with other countries more aggressively after being educated on the conditions and benefits of Free Trade Agreements (FTAs).A seminar held in Vientiane on Thursday discussed the benefits of FTAs ...

VIENTIANE (Vientiane Times/ANN) – Laos has registered a trade surplus of US$178 million in the first nine months (as of the end of the third quarter) of the year, although money transfers are below target.The value of Laos’ combined exports and imports in the third ...

VIENTIANE (Vientiane Times/ANN) – Laos and Chile are aiming to strengthen business and trade cooperation following the local business community’s official welcome for the Ambassador of Chile to Laos, Mr Jaime Chomali, in Vientiane on Tuesday.Vice President of the Lao National Chamber of Commerce and ...