Laos targets at least 4.6 million visitors in 2024
Laos aims to attract at least 4.6 million visitors and earn about 700 million USD during Visit Laos Year 2024, which kicked off in Vientiane on November 23.
Lao Prime Minister Sonexay Siphandone beats the gong to kick off Visit Laos Year 2024. (Photo: VNA)
Vientiane (VNA) - Laos aims to attract at least 4.6 million visitors and earn about 700 million USD during Visit Laos Year 2024, which kicked off in Vientiane on November 23.
Addressing the opening ceremony, Lao Prime Minister Sonexay Siphandone said Visit Laos Year 2024 coincides with the time Laos assumes the rotating Chairmanship of the Association of Southeast Asian Nations (ASEAN), stressing that this is an opportunity for the country to introduce its unique culture and traditions to international tourists.
The tourism campaign is expected to bring unforgettable experiences to travellers, thus encouraging them to visit Laos again in the future, he said.
According to the Lao Ministry of Information, Culture and Tourism, the Visit Laos Year 2024 themed “A Paradise of Lao Culture, Nature and History” will consist of 79 activities nationwide.
The Lao government considers tourism as not only an environmentally friendly economic sector and a “catalyst” for socio-economic development, but also as an important channel to attract foreign currency for the national economic recovery.
Statistics from the ministry showed that the Southeast Asian nation served over 2.4 million foreign visitors in the first nine months of 2023, up 285% compared to the same period last year./.
The tourism sector in Laos has experienced a rebound following the COVID-19 pandemic and is steadily growing after most countries lifted travel bans and Laos also opened its borders to tourists.
Laos welcomed over 1 million foreign tourists in the first four months of this year, according to the Tourism Development Department of Lao Ministry of Information, Culture, and Tourism.
Laos attracted more than 2.4 million foreign tourists in the first nine months of this year, marking a record 285% increase compared to the same period last year, according to the Ministry of Information, Culture, and Tourism of Laos.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
The new framework is designed to ensure that incoming investments deliver tangible national benefits, such as the creation of high-quality jobs for Malaysians and the development of local company ecosystems and technologies.
Singapore led with a total of 8.8 billion USD in realised investment, followed by Hong Kong and mainland China, Malaysia, and Japan with 8 billion USD, 1.7 billion USD and 1.6 billion USD, respectively.
Thai Acting Prime Minister Phumtham Wechayachai on August 7 outlined his strategy for tackling drug problems in Thailand, aiming for a "Zero Drugs Thailand" within three months.
The US has described Malaysia's role as Chair of the Association of Southeast Asian Nations (ASEAN) as vital in helping ease tension between Thailand and Cambodia.
Lao Prime Minister Sonexay Siphandone beats the gong to kick off Visit Laos Year 2024. (Photo: VNA) 
