On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small businesses from taxes, aiming to ease their burden and improve tax efficiency, Finance Minister Santiphab Phomvihane said.
Under the new system, micro-enterprises would be allowed to deduct operational expenses before calculating their tax obligations, shifting away...
The Laos-China Railway has marked its second anniversary of cross-border operations, having transported 480,000 passengers from 112 countries since the service began.
The railway has...
Vietnam has revised its national power plan as it pushes for double-digit economic growth between 2026 and 2030. The country now aims to significantly...
Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral tariffs introduced by the United States.
The statement, adopted during their...
The Ministry of Education and Sports has announced a nationwide increase in monthly living allowances for students at all levels of education, effective immediately.
The...
Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China, marking a historic milestone for the country’s aquatic industry.
The shipment...