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...

Could Technology Solve the Problem of Illegal Parking in Vientiane? 

Pedestrians in Vientiane Capital are routinely forced to walk into oncoming traffic as they navigate around vehicles parked on the footpath. Despite hundreds of...

Authorities Order Closure of Vientiane’s Sihom Night Market

Authorities in Vientiane Capital ordered the immediate closure of the Sihom Night Market, also referred to as “Hengboun Food and Culture Street,” yesterday evening. Authorities...

Laos-China Railway to Start Cross-border Travel to China in April

Laos-China Railway will extend its passenger services on the international route to China - from Vientiane to Kunming and return - starting next month. Deputy...

Staff Shortage, High Production Costs Remain Key Obstacles To Lao Businesses

The Macroeconomics Research Institute (MRI) recently conducted a survey to identify the main obstacles businesses are facing in Laos. According to the survey results, the...

Vientiane Authorities Clarify Pedestrian Bridge Construction After Online Complaints

Head of the Department of Public Works and Transport, Mr. Soulivanh Phommahaxay, recently spoke to residents about the construction of a pedestrian bridge at...

China, Russia Maintain United Front Against US in Joint Statement

Chinese President Xi Jinping and Russian President Vladimir Putin issued a joint statement on Tuesday with plans to strengthen bilateral ties, signaling a united...