Economy

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company to develop a 5-megawatt (MW) solar power project in Pathoumphone district. The project forms part of Laos' efforts to expand renewable energy, improve electricity supply in rural areas, and strengthen the national power grid. Xaysomboun Chaloensub Road-Bridge...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

Japan Launches USD 10 Billion Energy Support Plan for Asia

Japan has announced a USD 10 billion energy support initiative for Asian countries as tensions in the Middle East continue to threaten global oil...

Laos, China Launch New Cross-Border Bus Route Linking Yunnan to Luang Namtha

Laos and China have launched a new international bus route connecting Xiang Hung City in Yunnan Province to Xiang Kok village in Luang Namtha,...

Vientiane Southern Bus Terminal Adds Trips for Pi Mai Travel Rush

Vientiane’s Southern Bus Terminal has increased daily services ahead of Pi Mai Lao, adding six extra trips to handle the holiday travel surge. The terminal...

Laos-China Railway Trade Reaches USD 11.7 Billion as Railway Expands

Cross-border trade along the Laos-China Railway has reached a cumulative value of over CNY 80 billion (approximately USD 11.7 billion) since the line opened...

Vietnam Sends Senior Party Leader to Laos, Advances Strategic Ties

Vietnam’s Communist Party has dispatched Tran Cam Tu, a Politburo member and Permanent Secretary of the Communist Party of Vietnam’s Central Committee, to Laos. Tran...

Laos plans to open its first aquarium in Vientiane

Laos is moving forward with plans to develop its first aquarium, following the signing of an agreement to study the project’s feasibility in Vientiane. The...