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,...

Laos, Vietnam Plan Joint University, Expand Student Exchange

Laos and Vietnam have agreed to establish a Lao-Vietnam University in Laos and expand a program sending students from border areas to study in...

Laos Rejects Claims of Oil Re-exports to Cambodia, Assures Compliance with Law

Lao Minister of Industry and Commerce Malaithong Kommasith has confirmed that all oil imported from Thailand is strictly reserved for domestic use within Laos,...

Seno EV Hub Launches Laos’ First 400kW Fast-Charging Station for Multiple Electric Vehicles

A new electric vehicle (EV) charging station, capable of serving up to eight vehicles simultaneously, has officially opened at the Seno Rest Area in...

Transport Ministry Orders Changes to BRT Design as Project Faces Safety, Funding Challenges

The Ministry of Public Works and Transport has ordered adjustments to the Bus Rapid Transit (BRT) project, shifting from concrete curbs to painted lane...

New Lao-Thai Friendship Bridge Set for Inauguration on 25 December

The fifth Lao-Thai Friendship Bridge, spanning 1,350 meters, connects Bolikhamxay Province in Laos with Bueng Kan Province in Thailand. The bridge has been fully...

Vientiane Capital Exceeds Revenue Plan for Five Consecutive Years

On 15 December, Vientiane Capital authorities reported that the capital generated state revenue above plan for five consecutive years, while the local economy recorded...