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...

Road Safety Social Media Campaign Aims to Reduce Deaths During Pi Mai

Five popular Facebook pages in Laos have come together to launch a road safety campaign aimed at reducing accidents and fatalities during Lao New...

Vietnam to Offer Visa Exemptions to More Countries

Vietnam will grant visa-free entry to more countries and prolong the maximum stay duration of international visitors to bolster the recovery of its tourism...

Laos-China Railway Ticketing App is Now Officially Online

The Laos-China Railway Company has kept its promise and brought out its LCR Ticket mobile application online today. Passengers across the country rushed to test...

Laos to Receive 10-Year Tourism Support From International Foundation

TUI Care Foundation announced a new EUR 10 million (USD 10.5 million) project to assist nine least-developed countries, including Laos, in growing their tourism...

Cambodian Ministry Plans Khmer Version of ChatGPT

Cambodia's Digital Government Committee plans to make a Khmer language version of the popular artificial intelligence (AI) technology, ChatGPT, available to the public. The country's...

Vietnam to Repair Highway Connecting it to Laos, Cambodia and Thailand

Vietnam has launched a project to repair and expand roads connecting its central region to the neighboring countries of Laos, Cambodia, and Thailand. Viet...