Business

Laos, Russian Region of Tatarstan Discuss New Trade Opportunities

Russia’s Republic of Tatarstan wants to expand trade and investment with Laos, with the region’s official media describing current economic ties as “practically absent” during a two-day visit by its head to Vientiane on 4 and 5 November. Tatarstan's head Rustam Minnikhanov met Lao Prime Minister Saleumxay Kommasith on 5...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

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...

Laos Takes Chair of ASEAN Women Entrepreneurs Network

Laos has taken over the chairmanship of the ASEAN Women Entrepreneurs Network for the 2026-2027 term and will host the network’s regional forum and...

Lao, Chinese Energy Firms to Study Battery Storage System for Laos Power Grid

On 11 September, Électricité du Laos (EDL) and Chinese energy company Shenzhen Yichu Smart Energy Group Co., Ltd. exchanged an agreement to study battery...

Vietnam-Backed Bauxite Project in Laos Moves Toward 2028 Production

A major bauxite project in southern Laos is moving closer to production, with Lao and Vietnamese officials now turning their attention to the environmental...

China-Laos Railway Sees 50 Percent Rise In Cross-Border Passengers

Passenger traffic on the China–Laos Railway has increased significantly this year, boosting tourism and cross-border economic links as Laos prepares to graduate from Least...

Luang Prabang Economy Grows Despite Sharp Drop in Tourists

Luang Prabang’s economy grew 3.9 percent in the first half of 2026, even as one of its biggest economic drivers, tourism, took a major...