Almost 9,000 Newly Registered Vehicles in Only Two Months

There have been almost 9,000 newly registered vehicles in the first two months of this year thanks to ongoing socio-economic growth.
The Vientiane Public Works and Transport Department disclosed this week that in only two months from January to February, there were 8,972 newly registered vehicles bringing the total number of newly registered vehicles in Vientiane Capital to ….

Read more

Lao Outbound Travellers Hit 3 Million For 2016

Lao outbound travellers made more than 3.05 million trips in 2016 and more people are suggested to have made longer-distance trips in foreign countries, the latest statistics showed.
Though 2016’s figure slightly decreased from more than 3.06 million trips and the 3.3 million trips recorded in 2015 and 2014 respectively, the number of Lao nationals travelling by planes increased to the ….

Read more

GDP Expected To Grow At 6.8 Percent: IMF

The International Monetary Fund (IMF) has predicted that Laos’ Gross Domestic Product (GDP) will grow at 6.8 percent this year, less than the government’s projected rate of 7 percent.
The IMF Executive Board concluded the Article IV consultation [1] with Laos recently, describing Laos’ challenges in dealing with the current account deficit, falling foreign currency reserves, and growing ….

Read more

Govt Gives Green Light To Vientiane Expressway

The government has agreed in principle to a plan to build a 14-km expressway linking Vientiane city centre to the outskirts in Xaythany district, in a bid to ease congestion.
The project was agreed to at the government’s monthly meeting for February held last week at the Prime Minister’s Office when the concept of the multimillion US dollar project was presented and discussed ….

Read more