Business

Laos, Vietnam Restart USD 492M Potash Project in Khammouane

A USD 492 million potash mining and processing project in Khammouane is moving forward again after nearly a decade of delays, with production targeted for 2028. On 12 October, Vietnam National Chemical Group (Vinachem) held a ceremony in Nongbok District to mark the project’s restart. The planned processing plant is...

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Star Fintech Celebrates Two Years of U-Money Service

On December 9, 2020, at the Hall of Star Telecom Co., Ltd, a ceremony was held to celebrate the 2 Years Anniversary of the...

MARUHAN Japan Bank Lao Leads in Customer-Centric Digitalization & Enables Small Businesses

Forging ahead to become a leading digital, innovative and trustworthy bank in Laos’ competitive banking landscape, MARUHAN Japan Bank Lao Co. Ltd (MJBL), the...

Sanakham Dam Impact Assessment Should be Broadened with Up-To-Date Information

The Sanakham hydropower project developer and the Lao government should widen the project’s impact assessment and propose additional measures to mitigate potential adverse impacts...

Mini Big C to Distribute Larger Volume of Products Made in Laos

Mini Big C in Laos is preparing to stock a greater variety of products made in Laos for distribution in their branches around the...

Lao Brewery Company Pays 2 Trillion in Taxes

Lao Brewery Company is one of the top taxpayers in Laos, making annual tax payments of over LAK 2 trillion each year. According to a...

Vientiane Markets and Malls Move to Reduce Plastic

Seven shopping centers and two markets in Vientiane Capital have agreed to reduce their reliance on single-use plastic under a plan expected to commence...