AGP Executive Report
Last update: 7 hours agoElectric Vehicles: Laos is targeting 30% EV adoption by 2030; electric and hybrid vehicles already accounted for 29.7% of imports in the first eight months of 2026. The country has 200 charging points and is considering cheaper off-peak rates. Digital Infrastructure: Lao Telecom and the National University of Laos signed a 15-year agreement to expand fibre and broadband networks, with ICT and AI upgrades planned through 2030. Investment: Laos and Vietnam are seeking more private-sector investment and improvements to the business climate, with a bilateral forum highlighting opportunities in minerals, energy and transport. Energy: The China-Laos 500-kV power link has transmitted more than 1 billion kWh since launching in April, including Lao renewable power supplied to China. Mining Oversight: Auditors say three provinces failed to collect LAK 3.77 billion in fines from mining companies operating without valid permits or required mine-closure guarantees. Economic Conditions: Laos grew 4.8% in the first nine months of 2026, while inflation averaged 7.9%, keeping pressure on efforts to boost domestic production and control costs.
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