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...

Lao Universities Unite to Reform Higher Education Under EU-Funded Project

Laos is undertaking significant reforms to its higher education framework to align with international standards.  In line with this mission, from 31 March to 2...

Vientiane Province Welcomes Over 900,000 Tourists in First Quarter of 2025

In the first quarter of 2025, Vientiane Province attracted a total of 902,057 visitors, including 416,232 domestic tourists and 485,825 international arrivals, said Sengkeo...

First Lao-Thai Friendship Bridge Marks 31st Anniversary

The First Lao-Thai Friendship Bridge marks its 31st anniversary on 8 April.  Opened in 1994, it was the first major land link between Laos and...

Vietnam Seeks US Tariff Delay as Economic Growth Slows in First Quarter

By Lam NGUYEN/AFP - Vietnam has asked for a last-minute delay to colossal tariffs imposed by Washington as government figures showed on 6 April...

Bus-Rapid-Transit Road Rushing to be Completed Before Lao New Year

Vientiane is committed to completing the construction of the Setthathirath Bus Rapid Transit (BRT) road just before the Lao New Year, according to Bounyavat...

Bank of Laos Reduces Transfer Fees on Foreign Currency Deposit Accounts

On 3 April, the Bank of Laos (BOL) made a new announcement, mandating that transfers between foreign currency deposit account holders will incur a...