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 to Promote Domestic Production, Reduce Imports

The Ministry of Industry and Commerce (MTC) announced a number of measures to promote domestic production and reduce imports during the 5th Ordinary Session...

Lao Government to Tackle Teacher Shortage in Rural Areas

The Lao government is taking steps to address the shortage of teachers in rural areas, where many schools lack qualified teachers. By increasing the quantity...

NA Member Reveals Costly Toll of Illegal Mining on Lao Economy, Calls for Govt Action

During the ongoing 5th Ordinary Session of the 9th National Assembly Legislature, Mr. Deng Pathoumthong, a constituent from Xaysomboun Province, pointed out that illegal...

Luang Prabang Dam Developer Shares Progress With Mekong Countries

The Lao government welcomed a Mekong River Commission delegation last week to showcase the development progress of its third Mekong mainstream hydropower project. While...

Booyoung Group Donates 600 Buses to Improve Public Transportation in Laos

Booyoung Lao Co., Ltd. signed a Memorandum of Understanding (MOU) with the Lao Government on 28 June to provide 600 buses to help improve...

Laos National Assembly Members Call for Increase in Minimum Wage

National Assembly members from various constituencies commented on the government's socio-economic development plan, state budget plan, and monetary plan during the ongoing 5th ordinary...