Economy

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a strong tourism season and growth in services, but slowed in the second quarter as the government works to meet its 6 percent target for the year. Growth reached 5.5 percent in the first quarter before easing...

Attapeu Looks to Job Support as School Dropouts Rise

Attapeu is expanding its employment services as the province seeks to respond to labor...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

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...

Laos Reduces VAT to Support Hard-hit Economy

Laos has lowered its value-added tax (VAT) rate as part of the government's post-Covid-19 economic recovery efforts. Under new regulations issued in December, the standard...

No End In Sight for Trucks in Laos Stranded at Chinese Border

Authorities in Luang Namtha Province are scrambling to assist thousands of trucks and other vehicles stranded at the border with China in Boten. A...

Laos-China Railway Asks Govt Permission to Use Foreign Currency

The Laos-China Railway Company has asked the government of Laos to allow it to use foreign currency for its transactions. Vientiane Mai reports that the...

NTP Petrol Launches Fuel Delivery Service in Laos

NTP Trading Petroleum Public Company has launched a new fuel delivery service helping motorists to fill up anywhere, any time. The fuel delivery service was...

Laos Records USD 1 Billion Trade Surplus in 2021

Laos recorded a trade surplus of USD 1 billion in 2021, with the country's overall imports and exports, excluding power exports, totaling USD 13...

Attapeu International Airport Handed Over to Air Force

After a lengthy closure, Attapeu International Airport has now been handed over to the Lao People's Liberation Air Force. A handover ceremony between the Civil...