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The economy of Laos is a lower-middle income developing economy.Being one of the socialist states (along with China, Cuba, Vietnam, and North Korea), the Lao economic model resembles the Chinese socialist market and/or Vietnamese socialist-oriented market economies by combining high degrees of state ownership with openness to foreign direct investment and private ownership in a predominantly ...
Geography of Laos. Laos is a country in and the only landlocked nation in mainland Southeast Asia, northeast of Thailand and west of Vietnam. It covers approximately 236,800 square kilometers in the center of the Southeast Asian peninsula and it is surrounded by Myanmar (Burma), Cambodia, the People's Republic of China, Thailand, and Vietnam.
Laos, [d] officially the Lao People's Democratic Republic (LPDR), [e] is the sole landlocked country in Southeast Asia. At the heart of the Indochinese Peninsula, Laos is bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast, and Thailand to the west and southwest. [12] Its capital and largest city is ...
Greater Mekong Subregion. Economic corridors of the Greater Mekong Subregion. Mekong River sunrise, Phnom Penh, Cambodia. The Greater Mekong Subregion, (GMS) or just Greater Mekong, is a trans-national region of the Mekong River basin in Southeast Asia. The region is home to more than 300 million people. It came into being with the launch of a ...
The following outline is provided as an overview of and topical guide to Laos: Laos is a landlocked, sovereign nation in Southeast Asia. [1] Laos borders Burma (Myanmar) and China to the northwest, Vietnam to the east, Cambodia to the south, and Thailand to the west. Laos traces its history to the Kingdom of Lan Xang or "Land of a Million ...
Lao cuisine or Laotian cuisine (Lao: ອາຫານລາວ, pronounced [ʔàː.hǎːn láːw], RTGS: ahan lao) is the national cuisine of Laos. The staple food of the Lao is sticky rice (Lao: ເຂົ້າໜຽວ, khao niao, [kʰȁw nǐaw]). Laos has the highest sticky rice consumption per-capita in the world with an average of 171 ...
Laos is a member of the following international organizations: Agency for Cultural and Technical Cooperation (ACCT), ASEAN, ASEAN Free Trade Area (AFTA), ASEAN Regional Forum, ASEAN-Japan Centre (AJC) Asian Development Bank, Colombo Plan, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), Food and Agriculture Organization (FAO), Group of 77, International Bank for ...
The Regional Comprehensive Economic Partnership (RCEP / ˈɑːrsɛp / AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [2] The 15 member countries account for about 30% ...