Lao Economy

Coronavirus / covid-19GovernmentHealthLao EconomyLatest News

Covid-19 Cases In Laos Surpass 200,000 But Infections Are On A Downward Trend Despite Festive Season

The National Taskforce for Covid-19 Prevention and Control reported in an announcement yesterday that the Covid-19 situation had not been dramatically affected by new year celebrations.

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BusinessExpat RescourcesFinance - Banking - MoneyGovernmentInvestmentsLao EconomyTax

Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets

Under the new rules, non-resident e-commerce and digital platform providers must register for a tax identification number (TIN) via an online portal to file and pay their taxes. Further, they must register and pay value-added tax (VAT) if their annual revenue meets a certain threshold.

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BusinessExpat RescourcesGovernmentInvestmentsLao EconomyTax

Labour Ministry To Set Up Worker Database

A Labour Registration and Data Platform will be set up in Vientiane for the compilation of information concerning both Lao and foreign nationals working in Laos.

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BanksBusinessFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest News

Foreign Currency Deficit Among Economic Challenges Confronting Laos

Laos’ overall balance of payments situation is negative despite a trade surplus of US$1.32 billion in 2021 because foreign exchange inflows represent only 26.45 percent of the total export value.

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BusinessGovernmentInvestmentsLao EconomyLatest NewsRailwayTransportation - VehiclesVietnam

Work On Vientiane-Vung Ang Railway Expected To Start In November

The railway, estimated to cost US$5 billion, is a proposed line that the Lao and Vietnamese governments have agreed to jointly develop. It would enable landlocked Laos to access the deep seaport – the closest feasible seaport to Vientiane.

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BusinessChinaFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest News

Measures To Free Stranded Trucks, Rail Transport To China Outlined  

Lao authorities will ask their Chinese counterparts to consider reopening more border crossings to allow trucks carrying goods to enter China as hundreds remain stranded at the Boten-Mohan crossing on the Laos-China border.

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Coronavirus / covid-19GovernmentLao EconomyLatest News

Laos Records First Locally-Transmitted Case Of Omicron

The National Taskforce for Covid-19 Prevention and Control has warned the public to be vigilant following the identification of the first locally-transmitted case of the Omicron variant of Covid-19 in Borikhamxay province.

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Coronavirus / covid-19EducationGovernmentHandy HintsLao EconomyLatest NewsSchools

Schools Prepare To Resume Face-To-Face Classes

Education authorities are assessing the readiness of schools in Vientiane to restart face-to-face classes in Grade 5 of primary schools and Grades 4 and 7 of secondary schools following months of closure due to the Covid outbreak.

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BanksBusinessExpat RescourcesFinance - Banking - MoneyLao EconomyTechnology

BOL Issues Licences For Cryptocurrency Exchange Platforms

The Bank of the Lao PDR (BOL) has issued licences authorising two companies to trade in cryptocurrencies, namely Lao Digital Assets Exchange (LDX) and Bitqik.

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GovernmentHealthHospitals & ClinicsInvestmentsLao EconomyLatest News

S. Korea’s EDCF Funds The Construction Of UHS Hospital In Laos With Consultancy Support From SNUH

The new hospital will enhance Laos’ health and medical environment as well as provide professional training and health research.

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Coronavirus / covid-19GovernmentLao EconomyLatest NewsTransportation - VehiclesTravel & Tourism

Airport Staff Prepare For Arrival Of First Tourists

The government is preparing Covid control measures to be put into practice when the country reopens to tourists on January 1, as well as readying designated travel zones for visitors.

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BusinessExcursions - VenuesGovernmentHotels, Guesthouse & ResortsLao EconomyLatest NewsLuang PrabangTravel & Tourism

Green Travel Zones Of Laos Ready To Welcome Visitors

Several tourist sites located within green travel zones in provinces across Laos are ready to welcome visitors from next month under “new normal” conditions amid the Covid-19 pandemic.

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ChinaLao EconomyLatest NewsTransportation - VehiclesTravel & Tourism

Chinese Embassy In Laos Cracks Down Soaring Intl Air Ticket Prices

Rising international ticket prices have triggered a new round of crackdowns, with yet another embassy taking measures to curb skyrocketing airfares while also strengthening the supervision of ticket sales channels.

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Coronavirus / covid-19Expat RescourcesHealthLao EconomyThailandTransportation - VehiclesTravel & Tourism

Thai-Lao Bridge In Nong Khai Remains Closed Over Omicron Fears

A plan to reopen an international bridge linking Thailand and Laos in Nong Khai has been deferred indefinitely as the Thai government tightens measures to curb the spread of the fast-growing Omicron variant.

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BusinessGovernmentInvestmentsLao EconomyLatest NewsLuang PrabangTransportation - VehiclesTravel & Tourism

Korean Company To Carry Out Feasibility Study For Upgrade Of Luang Prabang International Airport

The government has given the green light to the Korea Airport Corporation (KAC) to carry out a feasibility study for the upgrade of Luang Prabang International Airport

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Coronavirus / covid-19Expat RescourcesGovernmentLao EconomyLuang PrabangTravel & TourismUncategorized

Govt To Open Doors To Visitors From 17 Countries

Travel destinations will be limited because of the difficulties involved in opening up the whole of the country while Covid control measures are in place.

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Expat RescourcesGovernmentLao EconomyLuang PrabangTravel & Tourism

PM’s Office Approves Resumption Of Tourism On January 1

The Prime Minister’s Office on Wednesday officially set January 1 as the start of the resumption of tourism in Laos and approved an action plan on the designation of green travel zones where tourists will be protected against Covid-19.

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BusinessEU European UnionGovernmentInvestmentsLao EconomyLatest News

New Roadmap To Drive Sustainable Wood Production, Exports

A new export roadmap for the wood processing sector will promote sustainable wood production and the export of wood products through the inclusion of more value-added products.

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Coronavirus / covid-19Excursions - VenuesExpat RescourcesGovernmentLao EconomyThailandTravel & Tourism

Thailand To Open Nong Khai Land Border With Laos

Travellers will be allowed to enter by land (at Nong Khai’s border checkpoint, starting 24 December, 2021), air and sea provided that they meet the vaccination and testing requirements.

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Bars & EntertainmentCoronavirus / covid-19EducationGovernmentHotels, Guesthouse & ResortsLao EconomyLatest NewsRestaurants & CafesTourism

LaoSafe To Drive Improvements In Health And Hygiene Practices

LaoSafe comprises a series of health and hygiene standards for different subsectors of the tourism and hospitality industry

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BusinessChinaCoronavirus / covid-19GovernmentInvestmentsLao EconomyLatest News

Laos Could Lose Millions With Closure Of Boten Border Crossing

Laos may lose millions of dollars from lost exports to China now that Chinese authorities have closed the Boten International Checkpoint, a major travel and trade route between the two countries.

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Excursions - VenuesGovernmentHotels, Guesthouse & ResortsLao EconomyLatest NewsThailandTourismTravel & Tourism

Ministries To Outline Plans To Reopen Laos

The Ministry of Information, Culture and Tourism was assigned to work with the Ministry of Industry and Commerce, the Lao National Chamber of Commerce and Industry, the National Taskforce for Covid-19 Prevention and Control and other relevant bodies to draw up a standardised plan for the reopening process.

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GovernmentInvestmentsLandLao EconomyLatest NewsReal Estate - Housing -GardeningRules and Law

Tackle Inappropriate Land Occupation, Lack Of Compensation: Lao Front

The Lao Front for National Development has told the National Assembly (NA) to push the government to address inappropriate occupation of land and the lack of compensation given to people affected by development projects.

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BusinessGovernmentInvestmentsLao EconomyLatest NewsUtilities (Water, Electricity etc)

Govt Pledges To Diversify Energy Sources To Minimise Imports

The government has vowed to diversify its sources of energy by developing solar, wind power and coal-fired power plants to address the electricity shortage in the dry season.

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BusinessCarsHotels, Guesthouse & ResortsInvestmentsLao EconomyLatest NewsTourismTransportation - VehiclesTravel & TourismVietnam

Ministry Mulls Route Of Vientiane-Vietnam Expressway

The government is discussing the planned route of an expressway running from Vientiane through Xaysomboun, Xieng Khuang and Huaphan provinces to the Vietnamese border.

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BusinessCoronavirus / covid-19Expat RescourcesGovernmentHealthLao Economy

Govt Extends Covid Controls But Keen To Open Schools, Factories

The government has in general extended Covid-19 control measures for another 15 days but has lifted some restrictions in order to ease the economic impacts, such as the reopening of more schools and factories.

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BusinessChinaExcursions - VenuesGovernmentHotels, Guesthouse & ResortsInvestmentsLao EconomyLatest NewsTourismTransportation - VehiclesTravel & Tourism

New Bokeo International Airport Expected To Be Completed In Months

The construction of new Bokeo International Airport with capability of accommodating 200-seat aircraft such as Airbus A320, Boeing 737 and ATR-72 is expected to take a few months to complete.

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BusinessCarsExcursions - VenuesFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest NewsTransportation - VehiclesTravel & TourismVietnam

Vientiane-Hanoi Expressway Under Study

The Lao and Vietnamese governments are considering the feasibility of building an expressway linking Vientiane to Hanoi, with assistance from the government of Japan.

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Coronavirus / covid-19GovernmentHealthLao EconomyLatest NewsUncategorized

Covid-19 Approaches Large-Scale Community Outbreak: Health Minister

Outbreaks of Covid-19 in some parts of the country are approaching large-scale community transmission, technically known as Level III, Minister of Health Prof. Dr Bounfeng Phommalaysith has warned.

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Coronavirus / covid-19FoodGovernmentHealthLao EconomyLatest NewsMarkets

Vientiane Orders Closure Of Non-Essential Goods Shops, Supermarkets

Vientiane authorities have ordered shops and markets that sell items that are not absolutely essential to close until September 30, as an additional measure to contain the Covid-19 outbreak.

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Coronavirus / covid-19Excursions - VenuesGovernmentHealthLao EconomyLatest NewsTransportation - VehiclesTravel & Tourism

Land, Air Travel Suspended To Comply With Covid Restrictions

Passengers on public transport, whether wanting to travel by road or air from or to Vientiane, will have to wait another 11 days after city authorities announced a lockdown on Sunday.

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Coronavirus / covid-19GovernmentHealthLao EconomyLatest News

Authorities Fear Major Outbreak Of Delta Variant

Locally-transmitted cases of Covid-19 are on the rise in Vientiane and other provinces, sparking fears that this could cause a major community outbreak as most cases involve the highly contagious Delta variant.

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Coronavirus / covid-19GovernmentHealthLao EconomyLatest News

Widespread Outbreak Expected In Champassak As Delta Variant Reported

Champassak province is facing an outbreak of Covid-19 in Pathoumphon district, which is expected to be more severe than the first outbreak in Pakxe city because the new cases involve the Delta variant of the virus.

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BusinessExpat RescourcesInsuranceInvestmentsLao EconomyMarketing LaosReal Estate - Housing -Gardening

Opening Of New Office Building At J&C Group

Just after only 3 months of construction, the J&C Group teams were able to move into modern and bright offices. The new office building are designed to accommodate the various companies operating under the J&C Group umbrella.

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BusinessGovernmentInvestmentsLandLao EconomyReal Estate - Housing -GardeningRules and Law

World Bank To Support Land Administration, Titling In Lao PDR

Land holders across Lao PDR, including some of the most vulnerable households, are expected to benefit from improved land administration and titling thanks to a project approved by the World Bank this week.

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