Economy

Laos Opens New Route for Businesses to Protect Product Designs Abroad

From 14 October, Lao designers and businesses will be able to protect the look of their products in multiple countries through a single application submitted to the World Intellectual Property Organization (WIPO), instead of filing separate applications in every country where they want protection. The change works both ways. Foreign...

Bear Paws, Pangolin Meat Seized in Vientiane Restaurant Raid Amid Laos’ Wider Crackdown

Lao authorities have stepped up their crackdown on illegal wildlife trade after raiding a...

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue...

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 Records Trade of Over USD 1 Billion in May

The country saw two-way trade of USD 1.086 billion in May, with gold bullion and gold bars being the most exported items, according to...

Vietnam’s Economy Slows Amid Global Headwinds, Experts Predict Rebound

Vietnam's economy is confronting obstacles such as a slowdown in industrial production and declining exports due to weak external demand, as highlighted by the...

Lao Students Gain Technological Insights While Traveling on Laos-China Railway

Lao students from Chomphet secondary school in Vientiane had the opportunity to learn more about the Lane Xang electric multiple units (EMU) trains on...

BOL Gives More Flexibility to Commercial Banks on Foreign Currency Exchange

The Bank of Laos has issued a notice to provide better flexibility in foreign currency exchange rates to commercial banks as the LAK’s value...

Laos Sees Fourth Consecutive Fuel Price Hike in June Amid Inflation and LAK Depreciation

Laos experienced its fourth consecutive fuel price hike in June due to inflation, the depreciation of the Laotian Kip (LAK), and the war in...

Lao President Visits Communist Party Secretary in Chongqing, China

Mr. Thongloun Sisoulith, President of Laos, visited Mr. Yuan Jiajun, Communist Party Secretary of Chongqing, on Monday. During his visit, the Lao president praised Chongqing's...