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 to Offer Free Wi-Fi at Landmarks in Vientiane

Laos has launched a project to offer free Wi-Fi at landmarks in its capital Vientiane in a move to cater to not only the...

Laos to Develop Gold Mine in Xaysomboun

Laos, home to one of the largest gold mines in the world, is set to see a new gold mine operation commence in Xaysomboun...

Laos to Tighten Management of Exchange Rates

The Lao government has stressed the need to tighten the management of currency exchange rates amid the widening gap between the official and market...

Lao Securities Exchange Calls Out Firm for Failing Discloser

The Lao Securities Exchange (LSX) has designated Phousy Construction and Development Public Company (PCD) as an “Unfaithful Disclosure” Corporation, after PDC failed to disclose...

Can Laos Benefit from Farming Duckweed?

Duckweed, locally known as “Phuck Nae” is not new to many people in Laos where it is consumed as a food supplement. What people...

Laos to Join Regional Electric Vehicle Boom

Laos has launched a new electric vehicle project, joining its neighbors in Southeast Asia where the growth of the EV market is set to...