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...

S Korea to Help Laos Build Local Business Technoparks

South Korea is gearing up to launch a project to help Laos build hubs called "technoparks" that will nurture local businesses. South Korea's Ministry of...

LVMC (Kolao) to Sell Vehicles via Online Channel

LVMC Holdings, formerly known as Kolao Holdings, has announced that it plans to sell vehicles online via an online sales platform that it will...

Xayaburi Dam Dispels Rumors of Role in Dry Mekong River

Amid an ongoing drought and low water levels, the state of the Mekong River is a topic that is animating discussion along the watercourse,...

Laos to Build World’s Largest Floating Solar Power Project at Nam Ngum 1

A signing ceremony was held yesterday for the development of a floating solar power plant on the surface of the Nam Ngum 1 dam...

Lao Official Urges Clarity in Hiring of Lao Workers for China Railway Project

A senior Lao government official has urged better management of the recruitment process of Lao workers and information about the jobs available for the...

Luang Namtha to Become New Regional Transport Hub

Laos's northern province of Luang Namtha is poised to become a regional transport hub with investment in a dry port, leveraging its strategic location. The...