Economy

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 combined USD 8 billion approved, according to the Lao Ministry of Foreign Affairs.  Vietnam ranks second among 53 countries investing in Laos, behind China, whose investment in the country totals USD 15 billion. Lao authorities approved six...

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...

African Swine Fever Spreads Across Laos, Leaves Thousands of Pigs Dead or Culled

African swine fever has spread across Laos, with 11,369 pigs dead or culled since...

Laos Going Green, Aims to Plant 20 Million Saplings

In a commendable effort to restore 70 percent of forest coverage by 2020, the Ministry of Agriculture and Forestry aims to farm over 20,000...

Officials Follow Through; 15 Concessions Revoked

After failing to achieve their end of the agreement, fifteen mining operations have had their concessions rescinded by the government due to unsuccessfully demonstrating...

Laos and IRRI Maintains Partnership in Food Security

The International Rice Research Institute (IRRI) and the Lao government have reinforced their three decade long partnership in research by expanding the institute’s role...

Dongdok Campus Market Engulfed in Flames

On Saturday morning at approximately 3:30am, the Dongdok campus market at the National University of Laos (NUOL) was engulfed in flames. According to initial reports...

PM to Slash Civil Servant Stipends, Shifts Focus to Rural Volunteers

Prime Minister Thongloun Sisoulith has stated that ‘benefits’ should no longer be given to those working in public administration, but insists that such support go...

Laos; a Key Part in the Grand Scheme of Things

The “One Belt, One Road” initiative is a crucial part of China’s development strategy to deepen economic cooperation with countries in Asia, Europe and...