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...

World Bank Supports Laos’ Agricultural Sector

The US$25 million Lao PDR Agriculture Competitiveness Project aims to help over 140,000 people by making the planting of rice, maize, and vegetables more productive and...

NERI: Lao Economy Needs Diversification

An economic update released last month by the National Economic Research Institute (NERI), a government body led by former Prime Minister Bouasone Bouphavanh, stated that the...

Dao Heuang Coffee to Penetrate Chinese Market

The Dao Heuang Group, one of the biggest producers of coffee in Laos, is expanding its overseas sales network to China, where coffee consumption...

Special/Specific Economic Zones: Laos’ Top Incubator of Economic Growth

Throughout Laos' economic expansion history, a number of initiatives have been launched to improve the investment climate in the country. One of those successful...

Laos Government Approves Minimum Wage Increase

The government of Laos has officially approved an increase to the nation's minimum wage, from 900,000 kip to 1.1 million kip per month, according...

ADB: GDP Growth to Reach 6.8% in 2018 and Increase to 7.0% in 2019

Laos' economic growth is likely to be sustained this year and accelerate in 2019, while inflation will edge up, says a new Asian Development Bank...