Economy

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 major treasury case involving more than LAK 90 billion (USD 4 million) in payments made without original supporting documents. On 22 September, Souvansi Keoviset, head of the Attapeu Provincial Anti-Corruption Agency, presented the results of investigations...

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...

Bolikhamxay 100 MW Solar Project Moves Ahead as Laos Expands Solar Power

A 100-megawatt (MW) solar project in Bolikhamxay is moving ahead, with developers meeting local...

Laos to Import Face Masks Amid National Shortage

The Ministry of Health has stated that Laos is to import face masks from neighboring countries, including Vietnam, China, and Thailand amid a national...

Lao PM Urges People to Grow Crops, Raise Animals for Own Consumption

The Lao Prime Minister Thongloun Sisoulith has urged Lao people to begin growing crops and raising animals at home for their own consumption in...

Laos Continues to Rely on Import of Agricultural Produce to Meet Demand

Laos continues to import agricultural produce because local production is not enough to meet domestic consumption, according to Lao authorities. The local production has increased,...

Lao Crop Exports to China Suffer amid Coronavirus Outbreak

Chinese buyers are paying less for Lao agricultural products amid sluggish trading activities in the wake of the new coronavirus (COVID-19) outbreak. Border trading in...

Coronavirus Outbreak Affects Lao Tourism, Investment and Trade

The new coronavirus (Covid-19) has already affected the Lao economy, despite no cases of the disease having been confirmed in the country, a senior...

Laos to Inspect Hydropower Projects to Ensure Dam Safety

The Government of Laos has set up a committee of local and foreign experts to undertake dam safety inspections as part of plans to...