Development

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a combined USD 8 billion approved, according to the Lao Ministry of Foreign Affairs.  Vietnam ranks second among 53 countries investing in Laos, behind China, whose investment in the country totals USD 15 billion. Lao authorities approved six...

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

Laos and China have launched a new digital payment link that allows Chinese visitors...

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...

Thailand Approves Loan for New Mekong Bridge in Luang Prabang

Thailand’s Cabinet approved financial assistance for the Lao government to construct the Xiengman-Luang Prabang...

Business, Labor Experts Talk Responsible Business Standards as Laos Prepares for LDC Graduation

Business and labor experts met in Vientiane on 3 September to discuss standard guidelines...

Vang Vieng Aims for 2 Million Tourists, Infrastructure Focus

Vang Vieng, Laos, has set a target to attract 2 million tourists in 2025, with an expected income of LAK 1,700 billion (USD 78.6...

Luang Prabang Declared Poverty-Free Amid Economic Growth

On 3 March, Luang Prabang City was officially declared poverty-free, as announced by Mayor Viengthong Hatsachan. The declaration follows significant improvements in infrastructure and...

Lao Journalists Go Green with Mass Media Environment Training

Reporters from various provinces in Laos have gained valuable insights into reporting on green and sustainable development, as well as gender equality, through the...

Laos, China 500kV Link to Drive Clean Energy Growth and ASEAN Connectivity

On 26 February, Laos launched the Lao-China 500-kilovolt Interconnection Project with a ceremony in Vientiane Capital. This project is part of a broader effort...

Japan Aids Xieng Khouang with Clean Water Supply Grant

Xieng Khouang Province is set to improve access to clean water with support from the Japanese government, which has provided a grant of USD...

Laos Added to Financial Grey List as Concerns Grow

The Financial Action Task Force (FATF) has added Laos to its grey list due to concerns over financial crime enforcement, while the Philippines successfully...