Vientiane: The Lao government will expand the country’s strategic fuel reserves and accelerate the transition to electric vehicles (EVs), targeting EVs to comprise 30 percent of the national vehicle fleet by 2030. As part of the initiative, 50 percent…
Vientiane: The Ministry of Industry and Commerce has attributed the continued high prices of goods and services, despite declining fuel prices, to a combination of economic factors, while reaffirming that strict measures are being implemented to stren…
Vientiane: The Lao Government has set ambitious targets under its draft National Agenda on Rural Development and Poverty Reduction, aiming to lift more than 100,000 households out of poverty, reduce the national poverty rate from 14.78 percent to a si…
