Economy

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

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...

First Lao Nationals Certified as Train Drivers by Lao-China Railway

On 5 August, the Lao-China Railway awarded driver certificates to 14 Lao nationals who successfully completed a self-driven test. This certification ceremony marks the...

Japanese Ambassador Celebrates Lao Scholars Heading to Japan

On 1 August, the Ambassador of Japan, Tsutomu Koizumi hosted a reception at his residence in Vientiane Capital for students and senior fellows of...

Laos Faces Sixth Consecutive Monthly Trade Deficit, Reaches USD 133 Million in June

Laos experienced a trade deficit of USD 133 million in June, marking the sixth straight month of trade deficits in 2024. According to data...

Laos Unveils Electronic Certificate of Origin Issuing System to Boost Trade

The Ministry of Industry and Commerce (MOIC) of Laos, with support from the United States Agency for International Development (USAID), has launched an enhanced...

Vietnam Seeks to Boost Coal Imports from Laos

The Vietnamese government is actively seeking solutions to enhance coal trade cooperation with Laos, addressing the challenges in the current coal trade between the...

Laos: July Inflation Rate Remains High Amid Rising Living Costs

In July, Laos continued to grapple with high inflation, with the rate slightly decreasing to 26.1 percent from June's peak of 26.2 percent. The...