Economy

Laos Considers VAT Exemption to Subsidize Electricity for Low-Income Households

Laos’ National Assembly (NA) is considering a proposal to exempt subsidized residential electricity from Value-Added Tax (VAT) as the government looks for ways to ease living costs for low-income households. The Standing Committee raised the proposal during its monthly meeting on 6-7 August. According to the NA, the VAT exemption would...

Oudomxay Seeks More Railway Services to Boost Investment

Authorities in Oudomxay Province, northern Laos, have announced plans to expand railway services and...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao State Fuel Enterprise Posts 70 Percent Profit Surge in 2025, Eyes Stock Market Listing

The Lao state-owned Lao State Fuel Company (LSFC) reported a sharp rise in profits...

Naphao Customs Exceeds Annual Target on Mining Debt Repayments, Trade Growth

Naphao International Border Checkpoint in Khammouane Province collected more than LAK 669.5 billion (USD...

Ministry of Health Vows to Improve Hospital Care and Service in Laos

The Ministry of Health has pledged to tackle the issue of inadequate hospital care and service in response to public demands for improvement at...

14th Lao Business Forum Sees 400 Local and International Participants

The 14th annual Lao Business Forum, held on 27 March 2023, took place in Vientiane to review the progress of public-private dialogue aimed at...

National Industrial Park Launched in Cooperation With Asia-Potash International

The Lao government and SINO-KCL on Friday signed a Memorandum of Understanding (MOU) on a project titled “Asia-Potash International Intelligent Circular Industrial Park." The government...

UN Warns Sustainable Development Goals in Asia-Pacific Region “Badly Off Track”

The United Nations has warned that many developing countries in the Asia-Pacific region are now off track to achieving their Sustainable Development Goals (SDGs)...

Savannakhet Holds First Monkey Feeding Festival

Savannakhet welcomed international and regional tourists at its first-ever Monkey Feeding Festival which was held on March 24, in the province's Champhone District.  Alongside feeding...

Vientiane Authorities Clarify Reason Behind Sihom Night Market Shut Down

The famous night market in Vientiane, also known as Hengboun Food and Culture Street, has been closed by order of the Department of Industry...