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 Eyes China’s Hainan Port as New Trade Gateway

Laos is looking to China’s Hainan province as a potential maritime gateway to expand international trade, according to comments made by a Lao official...

ASEAN Pushes Shared Fuel Reserve as Laos Emerges Central to Regional Energy Plans

Leaders of the Association of Southeast Asian Nations (ASEAN) are discussing a regional fuel reserve system following recent oil supply disruptions linked to the...

Route Surveys Advance for Laos’ Planned Longest Expressway in Xaysomboun

Laos is moving ahead with route surveys in Xaysomboun Province for a planned expressway that would become the country’s longest highway, linking Vientiane Capital...

Lao Electricity Exports to Vietnam Surge as Regional Energy Trade Expands

Electricity exports from Laos to Vietnam rose sharply in early 2026 as Vietnam increased purchases to support growing energy demand and strengthen supply stability. Vietnam...

Laos, Thailand Expand Energy Cooperation as Power Trade Grows

Laos and Thailand discussed expanding energy cooperation during talks in Bangkok on 1 May between Lao and Thai energy officials. Lao Minister of Industry and...

Laos Signs Deal for Industrial Estate Near Vientiane

Laos has moved forward with plans for a new industrial estate near Vientiane as part of a broader push to expand manufacturing and attract...