Socio-Economic Development

Vientiane Completes New 9.3-Kilometer Mekong Embankment

On 1 July, Vientiane officially opened a new 9.3-kilometer stretch of Mekong riverfront featuring parks, walking and cycling paths, sports facilities, and flood protection infrastructure following the completion of Phase II of the Mekong River Integrated Management Project. The new embankment extends from Wat Nak village in Sisattanak District to...

Laos Raises Tax-Free Income Threshold Under New Personal Income Tax Rules

Laos has officially raised the monthly income exempt from personal income tax from LAK...

Laos Reports Economic Growth as Inflation Slows to 7.4 Percent in June

Laos recorded 5 percent economic growth in the first half of 2026, while inflation...

Laos Restores Higher Fuel Excise Taxes as Emergency Relief Measures End

On 24 June, Laos reinstated higher excise taxes on fuel, restoring regular gasoline tax...

Japan Approves USD 2.3 Million Scholarship Grant for Lao Civil Servants

Japan has approved JPY 378 million (USD 2.3 million) in scholarship funding to support...

Laos, Republic of Korea Celebrate 30 Years of Diplomatic Relations with Launch of Lao Digital Park

Laos and the Republic of Korea (ROK) are celebrating 30 years of diplomatic relations by launching the Lao Digital Park Project, a landmark initiative...

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the Laos Statistic Bureau showing that inflation reached four percent in...

Attapeu Approves Xekaman 1 Dam Tourism Development Project

Attapeu Province is taking a major step to expand its tourism sector with the approval of a 30-year concession to develop the area around...

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and...

Laos Records Over USD 240 Million Trade Surplus in First Nine Months of 2025

Laos recorded a trade surplus of more than USD 240 million during the first nine months of 2025, the Ministry of Industry and Commerce...

Laos Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as before. New data from the Lao Statistics Bureau shows that...