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...

Laos Mining Sector Attracts Over USD 2.4 Billion in 2024 Investments

Laos' mining industry attracted nearly USD 2.5 billion in investments in 2024, surpassing annual targets and showcasing the sector’s critical role in driving economic...

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...