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...

Laos Sees Fourth Month of Trade Deficit, Lao Kip Hits Record Low

Laos experienced four consecutive months of trade deficits from January to April this year. This situation has been exacerbated by rising inflation rates, leading...

Luang Namtha Boosts Tourism with New Attraction Study

Luang Namtha Province is actively enhancing its tourist sites to attract both foreign and national tourists. The province is particularly popular in winter, drawing...

Rural Laos Gets Lifeline with Second Phase of Nutrition Initiative

Laos has launched the second Reducing Rural Poverty and Malnutrition Project. Supported by the World Bank, this initiative aims to bring additional resources to...

Prime Minister Highlights Economic Growth Despite Challenges

Amidst ongoing economic difficulties, Prime Minister Sonexay Siphandone reported a 4.7 percent growth in the country's Gross Domestic Product (GDP) in the first half...

Major Road Enhancements in Vientiane to Boost Traffic Safety, Flow

In preparation for the upcoming ASEAN meetings in the capital, many roads in Vientiane are undergoing significant upgrades to enhance driving conditions and safety....

Human Capital, Green Sustainability: Two Priorities for Laos’ Future Economic Model

Laos is currently facing challenges transitioning from commodity-driven growth to a more inclusive prosperity model, reveals a new report from the Organisation for Economic...