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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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

Read More
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.

Read More
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

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More