Economy

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever (ASF) spreads across Laos and authorities restrict the movement of pigs and pork. State media have confirmed outbreaks in two districts and three villages in Vientiane Capital, including Sangthong district, where 115 pigs died across two...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

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...

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...

Lao Central Bank Cuts Base Interest Rate to Support Economic Growth

The Bank of the Lao PDR (BOL) announced on 20 November that it is reducing the 7-day base interest rate from 9% to 8.5%...

ADB Approves USD 36 Million to Boost Skills, Employment for Lao Youth

The Asian Development Bank (ADB) has approved a USD 36 million financing package to strengthen technical and vocational education and training (TVET) in Laos,...

Vietnam EV Maker VinFast Reports USD 900 Million Quarterly Loss

AFP - Vietnam's first homegrown electric vehicle manufacturer VinFast reported on 21 November a net loss of more than USD 900 million in the third...

Laos Launches Major Local Government Shake-Up with 640 New Sub-Districts

The government has greenlighted a nationwide overhaul of local governance, approving the establishment of 640 new sub-districts, or Taseng, which will replace villages as...

Lao Government Rolls Out USD-10-Million Electricity Subsidy

Starting this September, households in Laos that use up to 300 kilowatt-hours (kWh) of electricity each month will see their utility bills reduced, thanks...

Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss

The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement...