Laos is a single-party socialist republic and a multiethnic country. The economy of Laos is rapidly growing, currently at 8% per year. The country opened a stock exchange, the Laos Securities Exchange in 2011, and has become a rising regional player in its role as a hydroelectric power supplier to neighbors such as China, Vietnam and Thailand. Construction and services also expanded as resource rents spread to the rest of the economy and growing regional integration boosted tourism and attracted foreign investment.
Lex Mundi in Laos
Lex Mundi provides coverage in Laos through the Laos offices of Rajah & Tann (Lex Mundi member firm for Singapore) and Tilleke & Gibbins (Lex Mundi member firm for Thailand).