The infrastructure projects announced by China include a $1.6 billion expressway to be developed from Phnom Penh to Bavet at the Cambodian - Vietnamese border.
Vientiane [Laos], October 13 (ANI): Despite Vietnam's efforts to improve its relationship with Laos, the latter is moving towards China, as the nation is trying to gain benefits from Beijing's economy and Belt and Road Initiative (BRI) infrastructure.
Vientiane [Laos], October 12 (ANI): The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane is on the brink of loan default.
New Delhi [India], October 7 (ANI): Around 50 people from Myanmar and 80 from Cambodia who were held captive in fake job rackets have been rescued, India said on Friday and added a word of caution asking citizens to remain extremely careful of dubious jobs they accept.
Vientiane [Laos], August 10 (ANI): Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans from China to build its large-scale infrastructure projects, giving new momentum to the 'debt trap' diplomacy.
Vientiane [Laos], July 27 (ANI/Xinhua): The Lao government is considering importing fuel from Saudi Arabia and exporting agricultural produce to the oil-rich nation.
Vientiane [Laos], July 17 (ANI): Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new momentum to 'debt trap' diplomacy criticism.
Vientiane [Laos], July 9 (ANI/Xinhua): The National Assembly (NA) of Laos has announced the approval of six amended and three new laws at its just-concluded third ordinary session.