Economy

Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and inflation present challenges, according to a global financial institution. In its latest outlook released on 9 July, the Asian Development Bank (ADB) forecast that Laos’ economic growth will ease this year while inflation surges, driven largely...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...

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...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Salavan Province Teams Up with Singapore for New Wind Power Project

Salavan Province has launched plans to build its first wind power production after joining forces with a Singapore-based company to conduct a feasibility study...

Laos’ Inflation Rate Drops to 20.7 Percent in October

Laos's inflation rate dropped slightly in October to 20.7 percent, down from 21.7 percent in September, according to official reports. According to data from the...

Laos Celebrates National Handicraft Day, Honoring Heritage, Economic Impact

Laos commemorates its National Handicraft Day on 1 November, celebrating the nation’s rich heritage and the economic value of its traditional crafts. Established in...

Vientiane Province Boosts Tourism Goals with 1.3 Million Visitor Target by End of 2025

Vientiane Province is actively boosting tourism to position the industry as a key economic driver, with a goal to attract over 1.3 million visitors...

Lao, Vietnamese Leaders Advance Plans for Rail, Road Connections

In a push for regional connectivity and economic cooperation, Laos and Vietnam are accelerating infrastructure initiatives, focusing on the Vientiane-Vung Ang railway project. This...

First Direct Export of New Energy Buses from Guizhou to Laos Begins via China-Laos Railway

CGTN - A train carrying 28 China-made new energy buses departed on 28 October from the Dulaying International Land-Sea Logistics Port in Guiyang, Guizhou...