Socio-Economic Development

Laos Economy Grows 4.8 percent in Nine Months, but Inflation, Tourism Lag

Laos’ economy grew 4.8 percent in the first nine months of 2026, Prime Minister Saleumxay Kommasith told lawmakers on 5 October, crediting manufacturing, private investment, electricity, trade and tourism-related services. Saleumxay delivered the figure on the opening day of the second ordinary session of the 10th National Assembly, which runs...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Thailand Approves Loan for New Mekong Bridge in Luang Prabang

Thailand’s Cabinet approved financial assistance for the Lao government to construct the Xiengman-Luang Prabang...

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...

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...

Electricity Exports Propel Laos to Trade Surplus, Marking Record Growth

Laos has recorded a significant surge in its annual trade, reaching a total value of over USD 15.5 billion in 2023.  The figures, released by...

United States Provides Over USD 24 Million for UXO Clearance in Laos

The Government of the United States of America (US) has pledged a total of USD 24.2 million to the HALO Trust, a leading Unexploded...

Ambassador of United States Delivers Textbooks to Lao Schools, Bolstering Education Efforts

Children across the country are set to further improve their learning abilities through the continuous support of the “Learn to Read” project. Spearheaded by...

Laos Inflation Hits 25.35 Percent in February

Laos continues to face economic challenges as inflation rates reached 25.35 percent in February, up from 24.44 percent the previous month, according to a...

Salavanh Province Initiates New Hydropower Project with Groundbreaking Ceremony

A new hydropower plant project in Salavanh Province, the Xeset-Chan Rapids, commenced with a groundbreaking ceremony on 24 February. With the foundation stone now laid,...

Major Road Upgrade Project in Vientiane to Be Completed by March 2025

Residents and motorists traveling between Sikhai village in Sikhottabong district and Sikeuth village in Naxaithong district, Vientiane, can anticipate smoother journeys as the road...