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Slower growth projected for Lao economy: World Bank
Economic growth in Laos is expected to be slower than forecast in April due to both external and internal factors, according to a report issued by the World Bank on Monday. According to the World Bank, economic performance across developing East Asia and the Pacific, ...
Somsack Pongkhao
Service sector’s contribution to economy still not enough in Laos
VIENTIANE (Vientiane Times/ANN) – While there has been steady growth in services, authorities are concerned the sector’s contribution to the economy is insufficient given that most of the supporting inputs are imports.This year the government had expected the service sector to grow at about seven ...
News Desk