Economy

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category. The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....

Former EDL Executives, Senior Officials Get Life in Landmark Laos Corruption Cases

On 1 July, the Vientiane Capital People’s Court announced verdicts in four major corruption...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring...

China-Laos Low-Carbon Project Expected to Cut Emissions by More Than 1,200 Tons Annually

The Vientiane-Saysettha Low-Carbon Demonstration Zone is expected to reduce carbon emissions by more than...

Lao President’s Book Donated to 22 Lao Schools Across Vientiane

More than 22 schools across Vientiane Capital received copies of President Thongloun Sisoulith’s memoir...

Laos Hydropower Firm EDL-Gen Rebounds to Profit in 2025

Electricité du Laos (EDL) Generation Public Company,  known as EDL-Gen, reported a financial comeback, recording a net profit of LAK 1.8 billion (USD 82.9...

Thai, British Scientists Identify Southeast Asia’s Largest Dinosaur in Thailand

British and Thai scientists have identified a new species of giant dinosaur from fossil remains discovered in Thailand, with researchers calling it the largest...

Laos Calls on Vietnam for 2031 SEA Games Hosting Preparations

Laos has requested Vietnam’s support in sports development and athlete training as the country prepares to host the 36th Southeast Asian (SEA) Games in...

Vietnam Invests USD 50 Million in Major Coffee Project in Southern Laos

A new Vietnamese investment in southern Laos will bring a large-scale coffee plantation and processing project to Champasak province, further expanding foreign agricultural investment...

Authorities Destroy Illegal Gold Mining Equipment in Savannakhet

Authorities in Phine district, Savannakhet, have taken action against illegal gold mining activities, destroying equipment on 11 May that had been linked to unauthorized...

Vietnam’s Sun Group Explores Tourism Projects in Champasak

Champasak province is seeking major tourism investment from Vietnam’s Sun Group, the developer behind Da Nang’s Ba Na Hills resort and cable car system,...