Vietnamese, Lao Prime Ministers hold phone talks Politics

Vietnamese, Lao Prime Ministers hold phone talks

Vietnamese Prime Minister Nguyen Xuan Phuc held phone talks with his Lao counterpart Thongloun Sisoulith on November 10 to discuss bilateral ties and regional cooperation ahead of the 37th ASEAN Summit.
Laos reopens local border gates to facilitate business ASEAN

Laos reopens local border gates to facilitate business

The Lao Government is temporarily reopening some local and customary border crossings in a bid to revive the economy and minimise the impacts of the COVID-19 pandemic, the English-language newspaper of Laos, Vientiane Times, reported on October 26.
Laos’ GDP forecast to contract by 2.5 percent: ADB World

Laos’ GDP forecast to contract by 2.5 percent: ADB

Economic expansion of Laos is forecast to contract this year for the first time since 1980s due to impacts of the COVID-19 pandemic, but the economy will recover in 2021, according to the Asian Development (ADB)’s recent report.
Laos faces serious budget deficit  World

Laos faces serious budget deficit

An elevated fiscal deficit will result in growing public debt, which will ramp up pressure on Laos' debt servicing capacity amid the COVID-19 crisis, the Vientiane Times reported on August 21.
Laos keep entry restrictions in place until end of July World

Laos keep entry restrictions in place until end of July

The Lao Government has decided to keep its international border gates closed to normal exit-entry, except for Lao citizens or foreigners with urgent need who must receive permission from the Lao national steering committee for COVID-19 prevention and control.