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Vientiane
Saturday, November 15, 2025
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Economy

Laos Uncovers Widespread Corruption, Records Billions in Losses Over Five Years

Laos has uncovered widespread corruption cases nationwide over the past five years, identifying 334 individuals implicated in financial misconduct between 2021 and 2025, with total losses exceeding LAK 642.93 billion (nearly USD 30 million), alongside significant losses in multiple foreign currencies.  Khamphanh Phommathat, President of the State Inspection Authority (SIA),...

Lao State Fuel Company Set to Transform into Public–Private Joint Venture

The Lao government is moving to restructure the Lao State Fuel Company (LSFC) into...

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Laos Exports Sticky Rice to China through Railway System 

Laos exported the first large quantity of sticky rice to China from the Southern Vientiane Railway Station. Vientiane Times reports that Indochina Development Partners Lao...

Prime Minister of Laos Appoints Taskforce to Address Economic Problems

The Prime Minister of Laos has formed a special taskforce to address the country's economic problems and resolve an ongoing fuel crisis. According to a...

Vientiane-Vang Vieng Expressway Resumes Operation After Shooting 

The Vientiane-Vang Vieng expressway continues to operate and ensure customer safety following a shooting at the exit tunnel between Hin Heup and Vientiane. Vientiane...

LXML Pays USD 5.84 Million Royalty for 1st Quarter 2022 to Lao Government

Ministry of Finance (MOF), State Assets Management Department, Director General, Mr Phouthasin Heungthavong received a royalty payment for the first quarter of 2022 copper-gold...

Laos and Thailand Strengthen Relationship Following PM Talk

Thailand and Laos have signed a memorandum of understanding (MoU) on the formation of a strategic partnership that will include broad economic and infrastructure...

ECCIL EuroCham and the European Union Delegation Co-organized the 2nd Lao-Europe Business Networking and Promotion

The European Chamber of Commerce and Industry in Lao PDR (ECCIL EuroCham) and the European Union Delegation in Lao PDR co-organized the Lao-Europe Business...