Understanding the Lao Labour Law & Employment Regulations

The Lao People’s Democratic Republic is one of the fastest-growing economies in East Asia. The country is rich in minerals, agricultural commodities, and forestry. In terms of gross domestic product (GDP) by sector, agriculture contributed 16.21%, the industry sector contributed 32.16%, and services contributed about 40.73% in 2020. The country’s economy has also benefited from foreign direct investments (FDI) in hydropower dams along the Mekong river and copper and gold mining, among other projects.