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...

Laos-China Railway Revises its Parking Fees at Vientiane Station

After a public uproar regarding the charges levied on vehicles when picking or dropping off passengers, Boten Frontier Services Limited has decided to waive...

Laos to Invest Over USD 2 Billion in Wind Power Project

The Lao government and relevant energy companies are expected to shell out over USD 2 billion for the construction of a wind power project...

Laos to Allow Yuan for Cross-border Transactions

Bank of Laos and the People's Bank of China have signed a memorandum of understanding regarding future payments in Yuan. Bank of Laos has issued...

Laos-China Railway Parking Ticket Causes Confusion

Motorists and taxi drivers have expressed their confusion over the Laos-China Railway Company's new parking ticket policy, which sees drivers charged for simply picking...

Laos Ranks 4th in the List of ASEAN Countries with Most Civil Servants

The Minister of Home Affairs has announced that civil servants in Laos comprise of 2.4% of the country's population and compared to ASEAN member...

A Steady Increase in Trade Turnover for Laos and Vietnam in 2022

A 27% increase has been reported from the same period last year, in the first eight months of 2022.  Laos's main export sources are electricity,...