Socio-Economic Development

Laos Inflation Reaches 7.7% in August, Remains Above Target

Laos’ inflation rate reached 7.7 percent in August, a slight increase from 7.6 percent in July, while average inflation for the first eight months of the year stood at 7.9 percent. Housing, water supply, electricity and cooking fuel recorded the largest increase, rising 30.2 percent from the same period last...

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt...

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

New Strategy Set to Streamline Trade, Logistics Operations in Laos

On 21 January, the Ministry of Industry and Commerce held a nationwide meeting to approve the draft Trade and Transport Facilitation Strategy 2025-2030. The...

Xam Tai District’s Silk Tapestries Set to Achieve ODOP Status

Traditional silk tapestries from Xam Tai district in Houaphanh Province will soon be recognized as official One District One Product (ODOP), aiming to preserve...

Laos Adopts Satellite Technology to Boost Carbon Credit Potential

Laos is leveraging satellite remote sensing technology to calculate carbon stocks across nine forest areas in the country totaling 170,556 hectares.  The objectives of this...

Electricity Exports Lead Laos’ Trade Revenue in 2024

In 2024, electricity exports continued to lead Laos’ export revenues, generating nearly USD 980 million and accounting for 15.35 percent of total exports, according...

Vietnam, Laos Promote Trade, Industrial, Energy Cooperation

On 3 January, the Ministry of Industry and Trade of Vietnam and the Lao Embassy in Vietnam agreed to continue coordinating closely to promote...

New Lao-Thai Bridge Close to Completion

Construction of the fifth “Friendship Bridge” across the Mekong River, linking Bolikhamxay Province in Laos and Bueng Kan Province in Thailand, is now 96.64...