The Lao-China railway (also known as the Boten-Vientiane railway) is part of six international economic corridors under China’s belt and road initiative (BRI). As part of the BRI, the Vientiane-Boten railway...
The Lao-China railway (also known as the Boten-Vientiane railway) is part of six international economic corridors under China’s belt and road initiative (BRI). As part of the BRI, the Vientiane-Boten railway...
Although decelerating from 6.9 percent the previous year, economic growth in 2018 is estimated to remain robust at 6.5 percent. The slowdown in growth in 2018 has been partly due to a combination of the...
The rapid growth of e-commerce globally, including in the Association of Southeast Asian Nations (ASEAN), helps lower the costs of trade for Lao PDR exporters, and reduces prices for consumers. E-commerce...
Rice is Lao PDR’s biggest agricultural commodity in terms of farmers involved in production, cropland area allocated, and food consumption. Rice also generates important economic spillover effects, supporting...
Lao PDR’s GDP growth slightly decelerated to 6.9 percent in 2017, but remained robust. The economy is expected to further ease to 6.7 percent in 2018. Recent expansion of labor-intensive industries (agriculture...
Despite strong economic growth in recent decades led by the resource-based sectors, Lao PDR facessignificant challenges, including high poverty rates and limited productivity. A highly challenging business...
Despite strong economic growth in recent decades led by the resource-based sectors, Lao PDR facessignificant challenges, including high poverty rates and limited productivity. A highly challenging business...