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’s KiwiPay to Launch Cashless Visa Payment Service in Africa

KiwiPay, a Laos-based payment solution provider, is set to launch its cashless visa payment system in up to seven African countries, in a move...

Quality Comes First at the Meuang Nong Banana Plantation

In Meuang Nong, banana plants sprawl as far as the eye can see, leafy and vibrant green, until they meet with the wild shrubbery...

LXML Handover Artifacts Discovered in Sepon Mine to Government

Today, Lane Xang Minerals Limited Sepon (LXML) handed over more than 7,800 artifacts to the Lao Government. These artifacts – made up of copper,...

VietinBank Opens Laos Headquarters in Vientiane

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has inaugurated the headquarters in the Lao capital Vientiane, a move that comes amid...

Morning Market Mall Complex Slated for Redevelopment

A press conference was held last Friday at Vientiane’s Talat Sao (Morning Market) Mall to inform the public of the future of the market...

EDL-Gen Decides No Dividend Payout for First Six Months of 2019

The board of directors of EDL Generation Public Company (EDL-Gen) has decided no dividend payout after the firm reported a loss of LAK 147.15...