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...

2018 Road Tax Now Due and Payable

The Ministry of Finance has called upon vehicle owners to make payment of the 2018 road tax, which is now due and payable. After multiple...

Sepon and Phu Bia Mines Set to Close Operations by 2020

Energy and Mines Minister Khammany Inthilath, in his address to the National Assembly, stated that since 1990, the Lao Government has had an open...

New Minimum Wage Set at 1,100,000 Kip Expected to be Announced On Labor Day

Within three months, the raising of the country's minimum wage to 1,100,000 kip per month is expected to materialize. The current wage has been...

Mongolia to provide Sheep to Lao People’s Army

The Mongolian government has agreed to provide 1,000 sheep to the Lao People's Army battalion in Xieng Khouang Province. A meeting was held between Mongolian...

Minimum Wage Increase Planned for This Year

From 1991 to 2015, the minimum wage has increased a total of 7 times in Laos. According to the Department of Labor Regulation, an 8th change is set...

Euler Hermes: Growth Is Firm, But Fundamentals Remain Weak in Laos

Euler Hermes, an Allianz company, has released a brief country economic report on Laos. The following is an excerpt from the report: ECONOMIC OVERVIEW Solid growth...