AGP Executive Report
Last update: 8 hours agoLaos Tax Update: Laos raised the monthly personal income tax-free threshold to LAK 2.5 million from LAK 1.3 million, effective this month under a 6 Aug 2025 presidential decree, while keeping the progressive rates at 5%–25% for income above the new bracket. Innovation & Startups: The 4th China-ASEAN Innovation and Entrepreneurship Competition wrapped up in Vientiane on June 25, with Lao, ASEAN and China officials backing the “Innovation Cooperation for a Shared Dream” push. SME Support: Business Bridge Asia expanded its Southeast Asia market entry consulting for SMEs, adding country-specific guidance and on-the-ground support across 14+ markets. Regional Environment & Risk: Greater Mekong governments met in Vientiane to tackle transboundary haze as heat and El Niño raise fire risks, with Laos warning of growing impacts on health, agriculture and the regional economy. AI Infrastructure for Laos: Comin Asia and Nokia announced plans to deploy AI-ready, sovereign data centre infrastructure across Southeast Asia, targeting practical deployment needs in markets including Cambodia and Laos. Cross-border Trade & Property: A Vietnam–Laos partnership signed a strategic cooperation deal for a 557.28 ha real estate project in the Long Thanh–Vientiane SEZ, including a 99-year land lease and incentives for foreign buyers.
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