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...

Rising Currency Exchange Rates Adversely Impact Vehicle Owners

As the value of Kip depreciates against foreign currencies, especially the US dollar, residents are finding it increasingly difficult to repay the installments on...

Laos Touted as One of the Best Places to Visit in 2023

Curated by the well-known travel magazine, Wanderlust, famous tourist spots in Laos have made it on the list of best places to visit in...

Party Central Committee Promises to Fix Inflation in Laos

The Central Committee of the Lao People’s Revolutionary Party has pledged to get a grip on the rising inflation and other economic difficulties the...

Laos Invites Neighboring Countries to the Trade Fair at That Luang Festival

Vientiane authorities have invited businesses from China, Thailand, and Vietnam to participate in the trade fair, taking place between 4-8 November during the That...

Laos Announces Criteria for Honorary Citizenship to Foreign Nationals

The government of Laos has issued the eligibility requirements for honorary citizenship and special privileges to foreign nationals. A recent decree No.14 issued by the...

Vientiane Province Starts Repair Work on Kasy to Vang Vieng Roads

The Department of Public Works and Transport in Vientiane province is currently repairing the roads between Kasy to Vang Veing, and they expect to...