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...

Laos Sets Targets in 5-Year Energy, Mines Development Plan

Accurate resource assessment is key to effectively managing rare mineral resources, said the Minister of Energy and Mines, Phoxay Sayasone, at the 6th Ordinary...

Stricter Fiscal Management, Tighter Monetary Policy Key to Sustainable Growth

PRESS RELEASE by ASEAN+3 Macroeconomic Research Office (AMRO) Laos' economy is expected to maintain its recovery from the COVID-19-pandemic in 2023. But currency depreciation and...

Laos Records Seven Months of Trade Deficit in 2023, Totaling USD 675 Million

Laos has grappled with a trade deficit for seven of the first nine months of this year, totaling USD 675 million. Only in February...

Laos Sets Tourism Record Boasting 285 Percent Surge in 2023

Nestled amid the green landscapes of Southeast Asia, Laos finds itself at the epicenter of an extraordinary tourism surge, statistics by the Ministry of...

Tourism, Hospitality in Focus as Lao Youth Embark on Japan Study Tour

Japan is set to welcome a delegation of 10 young people from Laos who are participating in the Japan-East Asia Network of Exchange for Students...

National University of Laos Turns 27

Lao higher education turns 27 years old. With a quiet celebration, the National University of Laos (NUOL) marks another milestone.  Founded in 1996 as a...