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...

Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which...

Meet Your Amazing New Office in Vientiane

An average 21st-century person spends most of their waking hours in the office instead of with their families or at their homes. That’s why...

Chinese Firms Sign USD 184m Deals to Buy Goods from Laos

Chinese firms have signed contracts worth CNY 1.3 billion (around USD 184 million) for the purchase of goods from Laos, mainly agricultural products. The agreements were signed as the 2019 Sino-Laos Investment Fair concluded Friday in Kunming, the capital...

foodpanda Launches in Laos with Over 300 Restaurants on Board

foodpanda, the on-demand international food delivery service, has officially launched in Laos with over 300 restaurants on board. Heading to the capital first to open...

Laos Engages International Rating Agencies for International Dollar Bond Debut

The Lao Government has engaged Standard Chartered, JP Morgan, and Credit Suisse for its planned international US dollar bond debut. In December of 2015, Laos...

Lao Telecom Launches Country’s First electronic SIM card Service

Lao Telecom has launched the country’s first eSIM activation service by teaming up with 10T Tech, an eSIM Solutions Company based in Hong Kong. The...