Socio-Economic Development

Laos Pushes Ahead with USD 5 Billion Luang Prabang Mekong Dam, on Track for 2030

The USD 5 billion Luang Prabang hydropower dam on the Mekong River remains on track to begin generating electricity in 2030, with construction now more than 72 percent complete, Lao and Thai officials said following a high-level site visit on 18 July. The project is one of several major dams...

Thailand, China and Vietnam Fuel Laos’ Tourism Growth in 2026

Laos welcomed nearly 2.6 million international tourists in the first half of 2026, up...

Laos Launches Cultural Association to Preserve Heritage, Build Soft Power

On 16 July, Laos established a new cultural association tasked with preserving national heritage...

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue...

Vientiane Completes New 9.3-Kilometer Mekong Embankment

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

Laos Inflation Drops to 9 Percent, But Living Costs Remain High

Laos recorded an inflation rate of 9 percent in May, down from 10.2 percent in April, marking the first slowdown in consumer price growth...

Bank of Laos Maintains 7-Day Base Interest Rate at 8% Amid Rising Inflation

The Bank of Laos (BOL) confirmed it will maintain its 7-day base interest rate at 8 percent per annum following a half-day Monetary Policy...

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...

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...

Laos, Lithuania Sign New Cooperation Agreement to Boost Diplomatic Ties

On 27 April, Lao Foreign Affairs Minister Thongsavanh Phomvihane and Lithuanian Foreign Minister Kestutis Budrys signed a new bilateral cooperation agreement in Bandar Seri...

Laos-China Trade Nears USD 10 Billion as Ties Deepen

Laos and China marked 65 years of diplomatic relations this week, with both sides highlighting deepening economic ties, including more than USD 18 billion...