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Lao State Fuel Enterprise Posts 70 Percent Profit Surge in 2025, Eyes Stock Market Listing

The Lao state-owned Lao State Fuel Company (LSFC) reported a sharp rise in profits for 2025 and is restructuring to prepare for an eventual listing on the stock exchange, as the state fuel giant seeks to transform into a modern public company. At LSFC’s annual performance review on 23 July,...

Naphao Customs Exceeds Annual Target on Mining Debt Repayments, Trade Growth

Naphao International Border Checkpoint in Khammouane Province collected more than LAK 669.5 billion (USD...
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Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...
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Laos Eyes State Fuel Stations as Future EV Charging Hubs

Laos is exploring plans to turn state-owned fuel stations into electric vehicle (EV) fast-charging...
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Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...
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Phongsavanh Group Backs Smart City Development Project in Vientiane Capital

Phongsavanh Group has invested approximately USD 580 million to construct a Smart City development project in the capital of Laos. The groundbreaking ceremony for constructing...

World Bank Predicts 4.5 Percent Economic Growth for Laos in 2022

The World Bank's latest Global Economic Prospects report suggests Laos will see economic growth of 4.5 percent in 2022 and 4.8 percent in 2023. The...

Laos Ups Stake in Vung Ang Sea Port

The government of Laos now owns a 60 percent share in Vietnam's Vung Ang Port, up from its previous 20 percent stake. A share transfer...

First Tourists Arrive in Laos After Reopening

A Korean school group has become the first group of tourists to arrive in Laos since the country's reopening this year. Vientiane Times reports that...

Laos Bananas Remain Pick of the Bunch for Export to China

Bananas once again tipped the scales as the major agricultural export crop for Laos in 2021. Laos earned over USD 900 million from the export...

Laos’ Agricultural Exports Reach USD 900 Million in 2021

  Laos has earned over USD 900 million from the export of agricultural products in 2021, according to a recent government report. Exports of bananas brought...
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