Economy

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue Partner of the Shanghai Cooperation Organization (SCO), signing an agreement with the organization in Beijing on 10 July. The agreement puts into effect a decision made by SCO leaders during their summit in Tianjin, China, on...

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...

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...

Laos Advances Russian Language Education with Cultural Festival

A series of events unfolded in Vientiane Capital, Laos, as the Association of Teachers of Literature and Russian Language hosted "Russian Language in Asia"...

Laos Charts Course for Growth in 2024 with Tourism Focus, Infrastructure Overhaul Amidst Economic Challenges

As 2023 nears its conclusion, Laos continues to face economic challenges, including surging inflation, a scarcity of labor, and an expanding trade deficit. In...

Laos to Grow EV Market, Fueled by Renewable Energy Ambitions

The burgeoning popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold, comprising 2,592...

Lao Government Rejects Claims of Luang Prabang’s World Heritage Status Threat Amidst YouTube Controversy

In response to a video uploaded on a Thai YouTube channel, the Lao government has denied claims that Luang Prabang town is at risk...

Vietnam Considers Importing Electricity From Laos to Tackle Power Shortage

In response to the persistent power shortages in Northern Vietnam, the Vietnam Electricity Group (EVN) has put forth a proposal to import wind power...

Hong Kong Stands Ready to Cooperate With Laos on Yuan Trading, Green Financing

Hong Kong has identified three areas for cooperation with Laos and Vietnam during the Secretary for Financial Services and the Treasury’s visit to the...