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,...

Vietnamese Companies Invest Over 5 Billion USD in Laos

Vietnamese businesses have found much success in Laos primarily due to excellent commercial opportunities, market scale and operation quality in the landlocked nation. According to the Ministry of Planning and Investment,...

Feasibility Study Says Laos-Vietnam Railway Doable

Two years ago, Lao, Vietnamese and Korean experts and officials met in the capital of Laos to commence a study on the feasibility of...

Launch of the Nakai Plateau Livestock, Agriculture and Fisheries project

The French Agency for Development (AFD), the Nam Theun 2 Power Company (NTPC), the Khammouane Provincial Government, and the Ministry of Agriculture and Forestry...

Thai Border to Collect Toll from all Foreign Vehicles

Foreign vehicles entering Thailand by way of border will be expected to pay an ‘Asean road toll’ fee that the country plans to implement...

Laos Urban Expansion a Cause For Concern

With Laos being one of the primary countries set on a fast track towards urbanization, experts have raised concerns over the common challenges that...

China Invests in Vientiane-Vang Vieng Expressway

During a two-day visit to Laos by Chinese President Xi Jinping on November 13-14, an agreement was signed by officials from both countries to...