Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip.
The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...
Prime Minister Thongloun has advised line ministries to eliminate futile procedures in an effort to improve the business environment in Laos.
When addressing the 10th...