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...

Khamphay Sana, Hytera to Collaborate on Lao Vehicle Registration System

The government of Laos has authorized Khamphay Sana Group and Hytera to undertake a feasibility study for an integrated vehicle registration and transportation management...

New SEZ Project in Vang Vieng Completes Feasibility Study

A new Special Economic Zone project in Vang Vieng has reported progress in its feasibility study and socio-economic impact studies. The project, which will cover...

Vientiane Bus Station Project Severely Delayed

The Vientiane Capital bus station construction project, which began in 2015, remains incomplete despite plans to be ready for use in 2018. Chitchareun Construction was...

Laos to Allow Foreign Ownership under Condominium Law

Foreigners will be allowed to own condominium units in Laos under a newly amended Law on Land. The new Law on Land has been published...

Star Fintech Signs Payment Link Deal With BIC Bank

Star Fintech has signed a Memorandum of Understanding with BIC Bank on cooperation and interconnectivity between the two banks. The signing of a Memorandum of...

Panyathip Students Overcome Pandemic Challenges to Graduate in 2020

Panyathip International School, the British international school in Laos, saw its class of 2019-2020 complete their graduation ceremony at the Landmark Hotel in Vientiane...