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 to Increase Fuel Prices Again Tomorrow

The government of Laos has announced an increase in fuel prices effective tomorrow following a recent fuel shortage. According to a notice issued by the Ministry...

Nearly 500,000 Unemployed in Laos Amid Covid-19 Pandemic

  The Ministry of Labor has reported that nearly 500,000 people remain unemployed across the nation this year, including those already in the country and...

Finance Ministry: State Lottery Creates Jobs, Revenue

The Ministry of Finance has defended its decision to expand the national lottery to three days per week as a means of creating employment...

RCEP, World’s Largest Trade Pact to Come into Effect in January

The RCEP, the world’s largest free-trade bloc, will officially come into effect in January next year. The Regional Comprehensive Economic Partnership (RCEP) was signed last...

Laos to Mine Bitcoin and Repay National Debt

  The government of Laos hopes to earn LAK two trillion in revenue from mining and trading the bitcoin cryptocurrency. Lao Minister of Finance, Bounchom Ubonpaseuth,...

Laos Sees Foreign Currency Outflow of Over USD 303 Million this Year

The Lao government has reported a foreign currency outflow of over USD 303 million in the first nine months of this year. According to a...