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...

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...

New International Airport in Bokeo Province to Open in March

A new international airport in Bokeo Province is scheduled to be completed and open for use by March this year. Construction of the airport in...