Socio-Economic Development

Business, Labor Experts Talk Responsible Business Standards as Laos Prepares for LDC Graduation

Business and labor experts met in Vientiane on 3 September to discuss standard guidelines for responsible business operations. The meeting, led by The Lao National Chamber of Commerce and Industry (LNCCI) and the International Labor Organization (ILO), brought together government, workers’ and employers’ representatives, business associations and enterprises to discuss...

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...

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...

Vientiane Works to Compensate Families Affected by 230kV Transmission Line

The Vientiane Department of Energy and Mines is working to compensate residents affected by the construction of a new 230kV transmission line. This line...

Vientiane Council Urges Compensation for Thanaleng Dry Port Affected Residents

The Vientiane People’s Council has called for compensation for residents who lost land or property due to the construction of the 51.1-hectare Thanaleng Dry...

Oudomxay Province Sees Tourism Boom in First Half of 2024

Oudomxay Province experienced a tourism boom in the first half of 2024, attracting over 113,000 visitors and generating more than USD 6.5 million in...

Thai Tourists Go Cashless in Laos with New QR Payments

Thai tourists visiting Laos can now conveniently scan QR codes to pay for goods and services, thanks to a new cross-border payment system recently...

Laos Adopts New Laws to Boost Socio-Economic Growth

The National Assembly (NA) of Laos has officially adopted 13 laws aimed at enhancing the country's socio-economic growth. This decision followed extensive debates among...

Laos Kicks Off Green Bus Trials to Boost Public Transport in Four Provinces

Several provinces in Laos have commenced trials of new public “green bus” transportation services aimed at enhancing local infrastructure and reducing traffic congestion. The buses...