Economy

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 (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

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...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Electricite du Laos to Increase Prices for Certain Customer Types

Electricite du Laos (EDL) will increase the price of electricity for industrial usage in Laos to alleviate debts, but household use charges will stay...

Lao Govt. Monthly Cabinet Meeting Tackles Economic Challenges

The monthly government meeting for January was held this week and focused on grappling with the current economic crisis and rising inflation. According to a...

US Funds Over 21 Million for MAG’s UXO Activities in Xieng Khouang Province

The United States of America has provided MAG additional funding of USD 21.75 million for twenty-eight months to continue the implementation of UXO clearance,...

Laos-Vietnam Trade Shoots Up by 24 Percent in 2022

The two-way trade income between the countries increased by 24 percent in 2022, crossing over USD 1.7 billion. The report stated that the two...

Laos Sees an Increase in Electric Vehicle Imports Across the Country

The country reported an increase in the importation of electric vehicles last year, following multiple hikes in fuel prices. Mr. Thongphat Inthavong, Deputy Minister...

Samsung Provides Study Materials for Schools in Laos

Samsung Electronics Company donated computers for schools in Houaphanh province and other provinces at the Ministry of Foreign Affairs office on Friday last...