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...

Five Ways Laos Could Revive its Economy (By an Economist)

Given the soaring inflation rate and economic crisis in the country, Phil Allan, a Macroeconomic Policy Analyst, opines on what reforms could transform the...

Laos Records a Trade Deficit of USD 233 Million in September

Laos recorded a trade deficit of USD 233 Million in September, according to the latest information from the Lao trade portal. The trade deficit...

Over 100 Gas Stations in Ho Chi Minh City Run out of Fuel

Vehicles were seen queuing for hours outside gas stations in Ho Chi Minh City in Vietnam as 121 petrol stations, i.e. 20 percent of...

Laos, Thailand Meet to Discuss Railway Project Connecting Vientiane and Nong Khai

Officials from Laos and Thailand met last week in Vientiane Capital to discuss the Laos-Thailand railway project, which is expected to commence operation in...

Inflation in Laos Skyrockets to a 22-Year High of 34 Percent in September

According to the Lao Statistics Bureau, the inflation rate has increased by four percent from August's figures of 30.01 percent to 34 percent in...

Japan Supports Three Projects in Laos in the Education and Healthcare Sector

The Government of Japan will be providing grant assistance worth USD 270,000 for three projects in Xayaboury, Xieng Khouang and Vientiane Provinces. Grants will be...