Laos registers trade surplus in Q3

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 quarter of 2019 reached US$8,582 million or 76 percent of the figure approved by the National Assembly.

There was an increase of 41 percent compared to the same period last year, Deputy Prime Minister and Minister of Planning and Investment, Dr Sonexay Siphandone, informed the National Assembly last week.

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News Desk