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...

Bank of Laos Launches New 50,000, 100,000 Kip Banknotes

Bank of the Lao PDR announced today that it is to begin issuing new versions of the LAK 50,000 and LAK 100,000 notes. Bank of Lao PDR...

Lao Scholars Ready for Study Success in Australia

Yesterday Australia’s Ambassador to Laos, Mr. Paul Kelly, and the Deputy Minister for Education and Sports, Dr. Sisouk Vongvichit, farewelled 32 Lao Australia Awards...

Ministry of Finance to Modernize Administrative System, Prevent Corruption

The Minister of Finance announced during a recent National Assembly session that the ministry's administration system must go digital in order to combat corruption. Mr....

Thailand to Overtake Vietnam as World’s No 2 Rice Exporter

Thailand is on track to overtake Vietnam as the world's second-largest rice exporter, according to Thai Rice Exporters Association (TREA). India is the current top...

Final Number of Homes Handed Over to Attapeu Flood Victims

Attapeu officials held a ceremony on Wednesday to hand over all 700 houses to victims of the Xe-Pian-Xenam Noy dam collapse after a four-year...

Govt. Inaugurates New Train to Transport Bananas to China

The Department of Agriculture and Forestry, alongside Xuanye (Laos) Co., Ltd., held a ceremony on 5 December in Vientiane Capital, to inaugurate a new...