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...

Vietnam’s Sun Group Explores Tourism Projects in Champasak

Champasak province is seeking major tourism investment from Vietnam’s Sun Group, the developer behind Da Nang’s Ba Na Hills resort and cable car system,...

Laos, Thailand Expand Energy Cooperation as Power Trade Grows

Laos and Thailand discussed expanding energy cooperation during talks in Bangkok on 1 May between Lao and Thai energy officials. Lao Minister of Industry and...

Laos Signs Feasibility Agreement for Two New Expressway Sections to Chinese Border

The government of Laos and China’s Hunan Banying Industrial Group have signed a feasibility agreement to study and design two new sections of the...

Laos, Lithuania Sign New Cooperation Agreement to Boost Diplomatic Ties

On 27 April, Lao Foreign Affairs Minister Thongsavanh Phomvihane and Lithuanian Foreign Minister Kestutis Budrys signed a new bilateral cooperation agreement in Bandar Seri...

Laos-China Trade Nears USD 10 Billion as Ties Deepen

Laos and China marked 65 years of diplomatic relations this week, with both sides highlighting deepening economic ties, including more than USD 18 billion...

Laos Launches New Climate Project to Support Vulnerable Communities in Northern Laos

Laos has launched a new climate adaptation project in the north, targeting vulnerable groups including ethnic communities, women, youth, and people with disabilities across...