Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Champasack Pushes Pakse–Hong Kong Flights to Boost Tourism

Champasack Province is in talks to open a direct air route between Pakse and Hong Kong, a move provincial leaders say would strengthen tourism...

Laos Targets Upper-Middle-Income Status by 2055

Laos has set a long-term goal to become an upper-middle-income country and move closer to high-income status by 2055, according to a strategic roadmap...

Vientiane’s Wat Tay Canal Could Become Floating Night Market Under New City Proposal

Vientiane is considering a proposed floating night market project along the Wat Tay canal in Sikhottabong district to boost tourism and the nighttime economy. Following...

Vientiane Finishes Seven Road Projects Ahead of Schedule

Authorities have completed seven reinforced concrete road projects totaling 40.81 kilometres across Vientiane Capital, strengthening connectivity in key districts along the Mekong River, near...

Champasak Eliminates Volunteer Teacher Program After Full Civil Service Recruitment

Champasak Province has officially ended the use of volunteer teachers after recruiting all remaining volunteers into the civil service, provincial authorities announced at the...

Construction of Bridge in Salavanh Resumes After Nearly a Decade

Construction of the Nam Se Don River Bridge in Khong Se Don district, Salavanh, has officially resumed after being stalled for nearly a decade,...