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...

Govt Talks Tough in a Bid to Save Money

Limiting expenses on overseas travel, entertaining foreign guests, and civil servant numbers will be among government measures to save state resources and relieve financial...

Banks in Laos See Asset Growth Value

The value of assets in the banking sector in Laos could possibly still continue to grow this year, as foreign banks move to open...

Lao Enterprises Seek Greater Access to Chinese Market

Lao associations of furniture, rice mill and coffee have shared experiences on promoting exports of Lao commodities to China, Lao state-run news agency KPL...

Official: Vietnam to Continue Import of Electricity From China and Laos

Vietnam will continue to import 2 percent of its electricity demand from China and Laos in the coming years, according to an official of...

Growth Prospects Buoyant for Laos Up to 2018

  VIENTIANE -- Laos' economic growth is to remain robust through 2016 up to 2018, the World Bank has said. Economic growth in Laos is projected...

Lao Mills Need to Improve Rice Quality For Exports to China

VIENTIANE -- Lao officials said the country's mills need to improve rice quality as to meet the needs for exports to China, Lao daily...