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...

Most Children in Vientiane Want to Become Doctors or Nurses

According to a recent survey, most children in the country's capital city aspire to be doctors or nurses when they grow up. A survey conducted...

ADB Lowers GDP Growth for Asia in Latest Forecast

A worsening global condition and the prolonged Ukraine war are two of the most important factors for this recent economic prediction. In September, the...

Laos’ Electricity Exports Increase by 7.5% in 2022

At the same time, the amount of electricity imported by the country also decreased by 72.7 percent. The country earned USD 1,769 million by exporting...

Govt. to Compensate Those Affected by Construction of Laos-China Railway

The Lao government has vowed to address the environmental and social impacts associated with the Laos-China Railway project by the end of this year.  The...

Agriculture Exports Yield USD 1.2 Billion in Revenue

Export of agricultural products, including USD 54 million worth of livestock, proved to be quite viable for the economy this year, earning the government...

Over 1,000 State Departments Dissolved to Deliver Good Governance in Laos

Over the last few years, 1,146 state departments and units at various levels were disbanded to streamline the structure of state organizations and provide...