Economy

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

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...

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...

Thousands of Fish Die After Nam Ou Hydropower Discharge

Authorities at the five Nam Ou River Basin Hydropower project in Phongsaly Province issued a notice this week stating that the release of stored...

Vientiane Petroleum State Enterprise Starts Importing Fuel From China

The first shipments arrived in Laos this week after an MoU was signed between the Vientiane Petroleum State Enterprise, SINOPEC Hong Kong, and SINOLAO...

Luang Prabang Dam Developer Shares Progress With Mekong Countries

The Lao government welcomed a Mekong River Commission delegation last week to showcase the development progress of its third Mekong mainstream hydropower project. While...

Booyoung Group Donates 600 Buses to Improve Public Transportation in Laos

Booyoung Lao Co., Ltd. signed a Memorandum of Understanding (MOU) with the Lao Government on 28 June to provide 600 buses to help improve...

National Assembly Member Proposes Adjusting Lao Workers’ Wages to Current Forex Rates

During the ongoing 5th Ordinary Session of the 9th National Assembly Legislature, Mr. Xayadeth Phouiyavong, a constituent of Savannakhet’s District 13, urged the government...

Economic Woes, Unemployment, Labor Shortages Raised at Laos National Assembly Session

The ongoing Fifth Ordinary Session of the Ninth National Assembly Legislature has seen numerous issues raised to the government, with constituents recommending measures to...