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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,...
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Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...
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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...
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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...
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Cross-Border Wind Power Project in Laos to Begin Supplying Vietnam by End of 2025

A major wind power project backed by Vietnamese investment in Laos’ Bolikhamxay Province is now 80 percent complete and is expected to begin full...

East Asia, Pacific Face Slower Growth Without Job-Focused Reforms

World Bank Laos - East Asia and the Pacific continue to grow faster than most parts of the world, but countries need stronger reforms...

Lao Prime Minister Visits US to Strengthen Economic Ties, Seek Tariff Reductions

Prime Minister Sonexay Siphandone concluded a high-level working visit to Washington D.C., United States, from 27 to 30 September, aimed at deepening economic cooperation...

Lao Government, UNFPA Host 2nd Population Conference to Empower Youth for National Development

UNFPA - On 1 October, the Ministry of Finance and the United Nations Population Fund (UNFPA) hosted the 2nd National Conference on Population and...

Major Infrastructure Push Targets Road, Rail, and Waterway Upgrades in Laos

Laos has launched a five-year strategic roadmap to modernize its national transport system, with a focus on upgrading roads, bridges, railways, and waterways.  Key projects...

Laos Targets Over 43 Million Tourists By 2030

Laos aims to attract more than 43 million tourists between 2026 and 2030, Minister of Culture and Tourism Suansavanh Viyaket announced at the Party...
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