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...

New Strategy Set to Streamline Trade, Logistics Operations in Laos

On 21 January, the Ministry of Industry and Commerce held a nationwide meeting to approve the draft Trade and Transport Facilitation Strategy 2025-2030. The...

Xekong Province Takes Action to Combat Growing School Dropout Rates

Xekong Province is stepping up efforts to address the rising school dropout rates, which continue to challenge local education systems, authorities said. Provincial officials are...

Families Settle into New Homes as Nam Khan 3 Hydropower Project Progresses

In Laos, the peaceful life of many villages is often disrupted by major infrastructure development projects aimed at promoting greater economic benefit. One such...

Laos Adopts Satellite Technology to Boost Carbon Credit Potential

Laos is leveraging satellite remote sensing technology to calculate carbon stocks across nine forest areas in the country totaling 170,556 hectares.  The objectives of this...

Laos, Vietnam Launch Cross-Border QR Code Payment System

On 9 January, Laos and Vietnam officially launched a cross-currency transaction service, connecting their cross-border retail payment systems via QR codes. This initiative, a collaboration...

Nearly Three Hundred Families Still Await Compensation for Lao-China Railway Project

Nearly 300 families affected by the Lao-China Railway project are still waiting for compensation promised by the government, as ongoing challenges hinder the process....