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...

Lao Responsible Business Awards 2025 Honor Sustainability, Community Engagement

On 10 February, the Lao Responsible Business Awards 2025 celebrated businesses in Laos, demonstrating a strong commitment to social and environmental good practice.  The...

Laos Sees Growth in Internet Access, Social Media Use in 2024

The use of the internet and social media in Laos observed growth in 2024, driven by faster internet speeds and the increasing adoption of...

Luang Prabang Introduces Traffic Regulations for Free Bus Service Trial

On 12 February, Luang Prabang authorities announced new traffic regulations and the schedule for a free public bus service trial, which will run from...

Luang Prabang Seeks Visa Waiver Extension for More Chinese Tourists

Luang Prabang Province is calling for the Lao government to extend visa waivers for Chinese tourists, aiming to boost tourism and enhance visitor experiences...

Irrigation Water Reservoir Set to Benefit 1,760 Families in Champasack

The newly constructed Huay Vang Hay irrigation reservoir in Phonthong village, Champasack, is set to significantly impact local agriculture, benefiting approximately 1,760 families.  With a...

Laos to Introduce New Rules to Strengthen Lao Kip, Reduce Reliance on Foreign Currency

In an effort to stabilize the national economy and reduce reliance on foreign currencies, the Bank of Laos and the Lao government are set...