Economy

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 (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

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...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Several Areas in Vientiane to Face Power Outages from 5 to 9 June

Electricité du Laos (EDL) announced that several areas in Vientiane are set to face power outages lasting several hours during daytime from 5 to...

Laos, China Set Four Strategies to Hit USD 20 Billion Trade Target by 2030

Laos and China have agreed on four strategic pillars to boost bilateral trade and investment, with projections suggesting the figure could reach up to...

Laos, Thailand Sign New Cross-Border Fuel Supply Deal

Laos has secured a formal petroleum supply agreement with Thailand’s state-backed PTT Group, reinforcing fuel security amid uncertainty in regional energy markets. The Lao State...

Vang Vieng Gears Up for USD-216M Tourism Overhaul as Old Airport Transforms

Preparations are underway for a USD 216 million tourism complex at the old airfield in Vang Vieng. Lao Yijin Group Co., Ltd. is leading the...

Bank of Laos Responds to EU Sanctions Against Lao Bank

The Bank of Laos (BOL) has publicly addressed European Union (EU) sanctions imposed on the Joint Development Bank (JDB), which threatened the bank’s international...

Laos Inflation Drops to 9 Percent, But Living Costs Remain High

Laos recorded an inflation rate of 9 percent in May, down from 10.2 percent in April, marking the first slowdown in consumer price growth...