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...

Bokeo Airport Completes 90% Construction, Operations to Start This Year

The airport, which was expected to wrap up construction by May, is now planning to start operations by November or December of this year. The...

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...