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Saturday, June 28, 2025
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Economy

Laos Proposes Tax Relief for Small Businesses Under Revised Income Tax Law

On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small businesses from taxes, aiming to ease their burden and improve tax efficiency, Finance Minister Santiphab Phomvihane said. Under the new system, micro-enterprises would be allowed to deduct operational expenses before calculating their tax obligations, shifting away...

Water Shortages Persist in Laos Amid Rising Demand and Weather Challenges

The Water Supply Enterprise of Champasack issued a statement on 23 June addressing the...

Laos, South Korea Launch Medical University Project in Vientiane

Laos is establishing the first infrastructure for the University of Health Sciences (UHS) in...

Laos Clarifies LAK 3,000 Telecom Fee After Viral Video Sparks Public Doubt

A government official has clarified the purpose of the LAK 3,000 (USD 0.14) monthly...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to...

Authorities Crack Down on Expired, Illegal Goods Across Multiple Provinces

Authorities in several provinces across Laos have recently destroyed significant quantities of expired, counterfeit, and illegal consumer goods in an effort to protect public...

Rising Prices in Laos Push More into Self-Employment, Work Abroad, World Bank Says

World Bank Lao PDR - Inflation in Laos is eroding living standards and reshaping the job market, according to the latest World Bank Household...

Vietnam Revives Nuclear Power Plans in New Energy Pact with Russia

Vietnam is reigniting its nuclear energy ambitions through a new partnership with Russia, as both countries agreed to accelerate talks on building nuclear power...

Laos, United States Celebrate Groundbreaking of New Lao Customs Headquarters, Training Facility

On 14 May, constructions of a new headquarters and training facility for the Lao Customs Department began in Vientiane.   The USD 8 million project, funded...

Vietnam National University to Cut Bachelor’s Degree Duration to Three Years

Vietnam National University, Hanoi (VNU-Hanoi) aims to introduce a new undergraduate model, reducing the standard study duration from four to three years, starting in...

Six Dead from Poisonous Mushrooms: Xayabouly Health Authorities Issue Urgent Warning

On 13 May, the Xayabouly District Health Office issued a public warning following a series of mushroom poisoning cases that have resulted in six...