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...

Oudomxay Province Sees Tourism Boom in First Half of 2024

Oudomxay Province experienced a tourism boom in the first half of 2024, attracting over 113,000 visitors and generating more than USD 6.5 million in...

China Targets Southeast Asia in Bid to Lead Global EV Market

China's growing electric vehicle (EV) industry has its eyes set on dominating the Southeast Asian market as part of its broader ambition to lead...

Thai Tourists Go Cashless in Laos with New QR Payments

Thai tourists visiting Laos can now conveniently scan QR codes to pay for goods and services, thanks to a new cross-border payment system recently...

Vietnam Plans 6-Kilometer Conveyor Belt for Coal Transport from Laos

Vietnam will construct a 6-kilometer-long conveyor belt to transport coal from Laos. The project, costing around VND 1.5 trillion (USD 58.3 million), aims to...

Laos Seeks Debt Deferrals as External Payments Nearly Double to USD 950 Million

Laos is seeking more time to pay off its debts, as its external debt payments nearly doubled to USD 950 million last year, from...

Lao Government Reshuffles Key Positions Across Ministries

The Lao government has announced a significant reshuffle of key positions across various ministries following a month-long session at the National Assembly (NA). One of...