Economy

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 first seven months of 2026, according to the Ministry of Labor and Social Welfare.  The ministry shared the figures during a labor migration meeting in Vientiane on 22 September. Employment Department Director General Anousone Khamsingsavath said...

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, Thailand Move Forward With Plans for New Friendship Bridge Linking Vientiane, Loei

Laos and Thailand are studying a possible new Friendship Bridge linking Vientiane Province with...

Laos Will Issue Bonds in KIP

The Lao government has announced that it will issue domestic bonds in LAK (kip) - instead of foreign currencies - with a two-pronged objective aimed at...

Lao Government Bonds Soon to be Available on Lao Stock Market

The Lao Government is in the process of preparing documents, measures and regulatory and legal frameworks necessary to register government bonds on the Lao stock market...

Lao People Are Paying Too Much For Rice

Lao people are paying some of the highest prices for rice in the region despite the country being a significant rice producer, according to the recently released World Bank...

World Bank Economic Report: Formal Vs. Informal Financial Services

A World Bank report released last week reports that "informal" financial services continue to play an important role in the lending sector in Laos despite the fervent growth of legal...

PM: Laos Won’t Graduate From Least Developed Country Status by 2020

In a surprise revelation, Prime Minister Sisoulith told the members of the National Assembly last week that despite the government's enormous efforts, Laos will not...

PM Sisoulith: First Half of 2018 Sees Economy Grow at 6.7%

Prime Minister Thongloun Sisoulith told the 5th Ordinary Session of the National Assembly on Tuesday that the country's economic development has been advancing as expected with...