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...

Laos Keen to Attract More Investment From Vietnam

According to the Lao Deputy Prime Minister, Mr. Sonxay Siphandone, who visited Ho Chi Minh City last week, the Lao government has placed a...

Lao Dairy Farm to Export Milk to Vietnam From Next Year

A new dairy farm in Xieng Khouang Province will start exporting fresh milk to Vietnam in May 2023. Lao media reports that the Director...

UNFPA Organizes Hackathon for Young Lao Innovators

UNFPA, in partnership with the Faculty of Education, National University of Laos, Lao People’s Revolutionary Youth Union (LYU), and Global Shapers, brought together young...

LOCA launches LOCA PAY Enabling QR Code payment via Credit Card

Loca launched a new product "Loca Pay" on 16 December 2022, with a new goal to be a convenient and safe digital payment intermediary...

Remittances an Important Source of Income for Laos Economy

Remittances have been increasingly recognized as an important source of income in Laos, particularly this year, as the country faces increased challenges from high...

Lao PM Participates in the First EU-ASEAN Commemorative Summit

The Prime Minister of Laos attended the summit to celebrate the 45th anniversary of ASEAN-European Union (ASEAN-EU) relations on Wednesday in Brussels, Belgium, under...