Development

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

Laos Reports Economic Growth as Inflation Slows to 7.4 Percent in June

Laos recorded 5 percent economic growth in the first half of 2026, while inflation...

Japan Approves USD 2.3 Million Scholarship Grant for Lao Civil Servants

Japan has approved JPY 378 million (USD 2.3 million) in scholarship funding to support...

Laos Records 4.8 Percent Growth in 2025, Sets Higher Economic Targets for 2026

Laos recorded economic growth of 4.8 percent in 2025, signalling a steady recovery across major sectors, according to the Lao Statistics Bureau.  Services, manufacturing, and...

Laos Sends First Banana Shipment to China as Rail Cargo Volumes Continue to Rise

Laos has completed its first banana export to Chongqing, China using sealed rail-to-rail transport, as part of efforts to expand agricultural exports through the...

Early Work Begins on Road Linking Bolikhamxay, Xaysomboun

Authorities have inspected early construction work on the Road 13 South–Road 5A project, as groundwork advances on the first unpaved section linking Bolikhamxay and...

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...

Asian Development Bank Urges Faster Infrastructure Delivery as Vientiane’s Bus Rapid Transit System Stalls

The Asian Development Bank (ADB) has called on Laos to speed up the implementation of major infrastructure projects, as delays continue to affect high-profile...

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...