The Lao economy is projected to grow by 4.2 percent in 2022, driven by commercial production for exports and opportunities and benefits arising from the China-Laos Railway, reported Vientiane Times on December 17.
Cao Duc Phat, deputy head of the Party Central Committee's Economic Commission, and Bouasone Bouphavanh, head of the Lao National Economic Research Institute, exchanged experience in building socio-economic development policies during a working session in Hanoi on March 19.
Deputy Prime Minister Vuong Dinh Hue shared Vietnam’s experience in developing cooperatives with a delegation of the Lao National Economic Research Institute in Hanoi on March 19.
The mining sector's contribution to the Lao economy will continue to drop over the coming years, according to an update on domestic economic prospects in 2018 and beyond of the Lao National Economic Research Institute.