Economy

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic Zone (SEZ) in Luang Namtha as Laos seeks to expand the border area as a trade and investment hub. Laos began developing the Boten SEZ in 2012 to attract investment in finance, trade, industry, transport and...

Laos-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

Laos Identifies Two New Rare Earth Target Areas Across Four Provinces

Laos has completed field surveys and identified two major potential rare earth target areas...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Laos Border Checkpoints Report Strong Revenue Growth in First Half of 2026, Exceed Targets

Laos’ international border checkpoints collected strong state budget revenue in the first half of...

Agricultural Exports via First Lao–Thai Friendship Bridge Top USD 9.7 Million in January

Agricultural exports moving through the First Lao–Thai Friendship Bridge (Nong Khai–Vientiane) exceeded USD 9.7 million in January, according to the Ministry of Agriculture and...

Laos Signs Deal with South Korean Firm for 100 MW Solar Project in Oudomxay

On 11 February, Laos’ state electricity enterprise has signed an agreement with a South Korean private company to explore the development of a 100-megawatt...

January Trade Surplus Marks Sharp Rebound from Year-Earlier Deficit

Laos began 2026 on stronger footing, with exports rising to USD 886.7 million in January, up 36 percent from the same month last year....

Boten Border Checkpoint in Luang Namtha Surpasses Revenue Target

Boten International Checkpoint collected over LAK 3,200 billion (about USD 149 million) in customs revenue in 2025, exceeding its annual target by 18.41 percent,...

Laos’ Economic Recovery Gains Momentum, but Labor Shortages Persist

Recent data show that Laos’ economy is beginning to recover. International institutions report GDP growth of 4.2 percent, driven largely by mining and electricity...

Laos–North Korea Friendship Marked at Kim Jong Il Anniversary Event in Oudomxay

Officials in Oudomxay Province marked the 84th birth anniversary of Kim Jong Il on 9 February, highlighting longstanding ties between Laos and North Korea. The...