Laos expects to earn more than 2 billion USD from agricultural exports this year, up from 1.73 billion USD in 2022, local media reported.
|Laos ships abroad more than 408 million USD worth of cassava products in the first five months of this year. (Photo: Laotian Times) |
Vientiane – Laos expects to earn more than 2 billion USD from agricultural exports this year, up from 1.73 billion USD in 2022, local media reported.
In the first five months of this year, the value was 901 million USD, fulfilling 75.14% of the yearly target, with cassava, coffee, banana, corn and sugarcane as the main export items.
Notably, the country shipped abroad more than 408 million USD worth of cassava products, mainly to China, Vietnam and Italy, said Lao Minister of Planning and Investment Khamjane Vongphosy.
Over the past years, the Lao government has encouraged farmers to cultivate more types of plants to serve the domestic market and exports.
| ||Laos promotes use of electric vehicles |
The Lao government has taken many measures and policies to encourage its people to use electric vehicles (EVs), as an effort to reduce fuel imports and save foreign currency while mitigating hazardous substances and ensuring energy security in recent years.
| ||Vietnam helps Laos develop educational infrastructure: Lao media |
The Lao media reported on June 20 that the Vietnamese government has provided a grant of more than 2.1 million USD for the construction of a new secondary school in Xienghon district, Xayaboury province of Laos.