Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Luang Prabang to Restrict Tour Vans from City Centre, End Riverside Parking

Authorities in Luang Prabang have approved new traffic measures to reduce congestion around the Night Market and historic areas, following repeated complaints over traffic...

Laos, United Arab Emirates to Cooperate on Digital, AI, Cybersecurity, Economy

Laos has taken new steps to strengthen its digital security as the government pushes ahead with online services, artificial intelligence, and digital finance. During the...

Vientiane Capital Surpasses 2025 Revenue Target by 31 Percent

Vientiane Capital collected more than LAK 14 trillion (approximately USD 650 million) in 2025, surpassing its annual target by 31 percent, according to the...

Champasak Welcomes Nearly 730,000 Tourists, Exceeds Annual Target

Champasak Province recorded positive tourism growth in 2025, welcoming nearly 730,000 visitors and reaching 207 percent of its annual target, according to provincial authorities. The...

Laos–China 500 kV Power Line Fully Connected, Operations to Begin in April

Laos and China have completed the full connection of the Laos–China 500 kilovolt (kV) power transmission line, further enhancing their cross-border energy cooperation. since the...

Vietnam-Backed Aluminum Project in Sekong Advances Toward 2028 Launch

A major aluminum smelting project in Sekong Province is expected to produce up to 1 million tonnes of aluminum annually once fully operational, with...