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...

Asian Development Bank Predicts Positive Economic Growth for Laos

The Asian Development Bank (ADB) projects positive growth for the economy of Laos despite the effects of the ongoing Covid-19 pandemic. Vientiane Times reports that...

Water Supply in Vientiane Capital May Experience Shortages During Pi Mai

Vientiane Capital Water Supply State Enterprise has announced that residents in the capital should store and conserve water during the Lao New Year festival...

New PM Tells New Minister of Finance to Plug Leaks and End Corruption

The prime minister of Laos has urged the country's new finance minister to put an end to financial leaks, as well as ending corruption...

Nam Theun 1 Hydropower Project Now 85 Percent Complete

The Nam Theun 1 Hydropower Project is now 85 percent complete and is expected to go online in May 2022. According to a report by...

Laos-China Railway Track 80 Percent Complete

The laying of railway track for the Laos-China Railway project is now 80 percent complete, with the final sections of track scheduled to be...

World Leaders Discuss Finance for Development and Debt Management Amid Covid-19 Fallout

Laos is among 42 countries that have had their credit ratings downgraded since the onset of the Covid-19 pandemic. The world has been teetering on...