Business

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park in Vientiane, with the proposed project expected to attract around USD 1 billion in investment. The feasibility study for the Vientiane-Lidu Industrial Park will cover 307 hectares across four villages in Pakngum district and is expected...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Laos Targets Upper-Middle-Income Status by 2035 Through Growth and Fiscal Reform

The Lao government has reaffirmed its long-term development ambitions, linking sustained economic growth and tighter fiscal management to a goal of reaching upper-middle-income status...

Vientiane Tourism Exceeds 2025 Targets, Generating Over USD 621 Million

Vientiane welcomed more than 2.2 million visitors in 2025, exceeding its annual tourism target and generating over USD 621 million in revenue, Lao authorities...

Laos, Vietnam Agree to Deepen Cooperation Across Seven Key Sectors

Laos and Vietnam have agreed to strengthen cooperation across seven key sectors, reaffirming their commitment to deepen political trust and expand practical collaboration following...

Laos Eyes Hydrogen-Roasted Coffee to Lift Exports, Cut Emissions by 2027

Laos is advancing to transform its coffee sector by 2027, shifting the focus to higher value, cleaner production, and stronger access to international markets....

Laos Introduces Fines for Damaging, Misusing Banknotes

The Lao government began enforcing new rules on the use and handling of banknotes on 20 February, introducing fines for damaging or misusing cash...

Laos Inflation Falls to 7.7 Percent in 2025, Showing Signs of Economic Stabilization

Laos’ average inflation fell to 7.7 percent in 2025, down sharply from 23.13 percent in 2024, according to the Bank of the Lao PDR...