Category Archives: Economy


Tilleke & Gibbins Publishes 2018 Doing Business in Laos Guide

The Laos chapter of Global Guide 2018: Doing Business In…, a guide published by Practical Law in association with Lex Mundi, presents a comprehensive Q&A-style overview of doing business in Laos.

Written by members of Tilleke & Gibbins’ Vientiane office, the Laos chapter covers key recent developments that affect …

2018 Road Tax Now Due and Payable

2018 road tax Laos

The Ministry of Finance has called upon vehicle owners to make payment of the 2018 road tax, which is now due and payable.

After multiple setbacks in issuance and collection of the 2017 road tax payment, the deadline for the 2018 road tax payment has been extended to June 30.…

Sepon and Phu Bia Mines Set to Close Operations by 2020

Sepon is an open-pit copper mine in the Savannakhet Province, southern Laos

Energy and Mines Minister Khammany Inthilath, in his address to the National Assembly, stated that since 1990, the Lao Government has had an open policy to attract domestic and international investors to invest in mining operations. Since that time, a total of 229 companies have been authorized to perform mining …

New Minimum Wage Set at 1,100,000 Kip Expected to be Announced On Labor Day

Photo Credit: KPL

Within three months, the raising of the country’s minimum wage to 1,100,000 kip per month is expected to materialize. The current wage has been an issue of public concern, as the economy grows rapidly and members of the workforce are exposed to higher and higher living costs. This will be …

Mongolia to provide Sheep to Lao People’s Army

Mongolian Sheep in Laos

The Mongolian government has agreed to provide 1,000 sheep to the Lao People’s Army battalion in Xieng Khouang Province.

A meeting was held between Mongolian Deputy Minister of Food, Agriculture and Light Industry Janimkhan Saulye and Governor of Xieng Khouang Province Somkot Mangomek last week. The two ministers discussed socio-economic …

Minimum Wage Increase Planned for This Year

Garment Factory Worker

From 1991 to 2015, the minimum wage has increased a total of 7 times in Laos. According to the Department of Labor Regulation, an 8th change is set to happen within this year. The proposed minimum wage increase is substantial: from 900,000 kip to 1,200,000 kip per month.

Phongxaysack Inthalath, Director General of the …

Euler Hermes: Growth Is Firm, But Fundamentals Remain Weak in Laos

Euler Hermes Economic Research Country Report - Laos

Euler Hermes, an Allianz company, has released a brief country economic report on Laos. The following is an excerpt from the report:…

Savannakhet Reaches Population of 1 Million


Savannakhet Province is now officially the province with the largest population in Laos, according to a report released by the provincial statistics bureau on Thursday.

The province now makes up 15 percent of the total population of Laos, with Vientiane Capital home to the second-largest population of approximately 850,000.

Champasack …