Economy

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic Zone (SEZ) in Luang Namtha as Laos seeks to expand the border area as a trade and investment hub. Laos began developing the Boten SEZ in 2012 to attract investment in finance, trade, industry, transport and...

Laos-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

Laos Identifies Two New Rare Earth Target Areas Across Four Provinces

Laos has completed field surveys and identified two major potential rare earth target areas...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Laos Border Checkpoints Report Strong Revenue Growth in First Half of 2026, Exceed Targets

Laos’ international border checkpoints collected strong state budget revenue in the first half of...

Rice Cooperatives still Held Back by Marketing

Lao rice cooperatives have made good progress in terms of their rice production efforts but marketing and sales deficiencies are still causing problems for...

Govt, Development Partners to Agree on Next Ten Years Cooperation

Vientiane province: --Localisation of Sustainable Development Goals (SDGs), effective development partnerships, food and nutrition security, green growth, climate change and disaster response preparedness are...

Economists Query Accuracy of Investment Figure

Economists have queried the investment figure reported by the government, saying it does not reflect the reality of economic growth. Minister of Planning and Investment...

Residents Await Compensation for Nongkhang Airport Lands

Huaphan province wants to help the people affected by Nongkhang airport construction that are suffering from a lack of rice to eat after losing...

NA Session Ends after Approving Laws, Financial Targets

The National Assembly (NA) has approved a GDP target of 600 trillion kip over the next four years, also setting the average economic growth...

Amended Investment Law Offers Tax Incentives, Shortens Concession Period

Amendments to the Investment Promotion Law offer more tax incentives and shorter investment concession periods in a bid to attract more investors while ensuring...