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...

Laos Launches QR Code Payment Standard

The Bank of Lao PDR has launched a Lao QR Code standard for electronic payments in a move to improve payment services and integration...

Laos Eyes Production of Korean Rice Wine

Laos Army Import and Export Trading and Korean firm ROAD have agreed to produce and distribute Korean rice wine in Laos. Korean rice wine, or...

Laos Clarifies Business Requirements for Vehicle Industry

Laos has promulgated a new prime ministerial decree clarifying the import and export of vehicles, dealerships, and assembly plants as different types of business. According...

Magic Lao Carpets

Carpets with a positive impact woven right in In a bustling workshop in the backstreets of inner-city Vientiane, agile fingers are hard at work and...

Japanese Firm to Import Lao-Lao Alcohol to Okinawa

Japan’s Okinawa-based Co-Op Okinawa is to import and sell Lao-Lao (Lao rice whisky) brand “Chura Lao” in Okinawa from as early as the beginning...

Japan’s Air Water Eyes Lao LPG Market via New Vietnam Unit

Japanese energy and chemical firm Air Water is to launch a Ho Chi Minh City-based unit through acquisition of major shares in a domestic...