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...

Bank of Laos Warns Public Against Use of Cryptocurrency

The Bank of Laos (BOL) has issued a notice warning the public about the usage of unregulated cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which...

Laos Hopes to Pay Off USD 14 Billion Debt by 2025

Foreign debt to the tune of USD 13 billion and domestic debt of USD 900 million will be paid off with revenue earned from...

China Remains the Largest Foreign Investor in Laos

China remains the largest foreign investor in Laos, undertaking a total of 813 projects worth USD 16 billion. Deputy Prime Minister and Minister of Planning...

Returning Migrant Labor Costs Lao Government Over LAK 15 Billion

The Lao government has spent over LAK 15.82 billion on food, transportation, and other necessities for Lao migrant workers returning from Thailand. Minister of Labour...

Laos-China Railway Scheduled to Open in December this Year

Laos has announced that the Laos-China Railway is scheduled to officially open in early December this year. Deputy Prime Minister and Minister of Planning and...

New Vientiane to Houaphan Expressway Project Under Consideration

The Lao government is considering approval of a new expressway project that will stretch from Vientiane Capital to Houaphanh Province. The new expressway route, commencing...