The President of Laos, Khamtay Siphandone, has said that the Laos People's Revolutionary Party is determined to treble the average income of the Laos people by the year 2020.
He was speaking on the first day of the party congress, which is held every five years.
Most of the Politburo members in Laos are over the age of 70 and it's expected that some changes will be announced.
While most economies in east Asia have undergone radical change over the last two decades, the Revolutionary Party in Laos has shown a reluctance to introduce reforms.
During the Vietnam war Laos became one of the most heavily bombed countries on earth. Its economy has never recovered.
It is now one of the poorest countries in the world. Most Laos people earn less than $1 a day.
Rebellion
There have been some limited attempts to attract foreign investment but so far with little success.
The Laos Government remains committed to a one party state.
There is however some opposition to the communist regime.
Hmong tribesmen in the north of the country have been involved in an armed rebellion for years although some observers believe the insurgency has now degenerated into little more than banditry.
Bombs
Over the last 12 months there's also been a series of bomb attacks in Laos.
The government has been unable to identify those responsible - some western diplomats believe the bombs reflect splits within the ruling party.
The Laos royal family which ruled the country until the communist takeover in 1975 is now in exile.
Leading members of the family have called for a restoration of the constitutional monarchy but it is far from clear that such a proposal would attract much support from the population.