Economy

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip. The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...

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...

Attapeu Dam Collapse Survivors Set to Receive Final Compensation After Eight Years

Eight years after the Xe-Pian Xe-Namnoy hydropower dam in Attapeu collapsed, killing dozens and...

LAOS: Electricity Facts

Certain members of the foreign media have hailed Laos as the "battery of Southeast Asia," with one of the nation's economic development strategies centered on...

Regional Transport Infrastructure Remains Challenged

Despite limited funding, Laos has been doing its best to develop and improve most of the regional transport infrastructure that passes through the country. This...

Army Stationed to Remove UXO for Laos-China Railway

Soldiers from the Lao People's Army have been deployed to clear unexploded ordnance (UXO) along the route earmarked for the Laos-China railway so that...

Laos-Vietnam Oil Pipeline Project Expected to Go Ahead

The Laos-Vietnam oil pipeline project is an ambitious plan to import diesel and petrol fuels to Laos from Vietnam by way of a 306km...

Vientiane Capital Expects 11 Percent Economic Growth

Authorities of Vientiane Capital are hoping to see economic growth of 11 percent this year, with an expected GDP increase of 41.6 trillion kip. The...

Vegetable Prices Increased over New Year

Vegetable prices rose over the new year holiday period, while the market price of meat remained steady. Each new year, the prices of vegetables including...