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...

Thailand’s Major Cineplex Moves into ITECC Shopping Mall

In its bid to become the top regional cinema chain operator, Thailand's Major Cineplex has reached an agreement with TK Group, the parent company...

Revitalized Lao Airlines Magazine Celebrates One Year Anniversary

13 July – RDK Group, a Vientiane-based translation and marketing consulting firm, together with Lao Airlines, has recently hosted a one-year anniversary event celebrating...

Laos Receives Four Mi-17 Helicopters

Russian Helicopters, part of the Rostec State Corporation, has completed its first service contract to the Lao Ministry of Defence, transferring four repaired Mi-17...

Facebook to Exclusively Broadcast Premier League Matches in Laos

Tech giant Facebook has agreed to a £200 million (US$265 million) deal to exclusively broadcast every single Premier League match in Thailand, Vietnam, Cambodia and Laos starting next year in 2019. It...

South Korea Eyes Strawberry Farm Project In Xiengkuang

On the 3rd of July, President of the South Korean Association of Arts and Culture Dr Yu Hian Suk and her delegation met with Acting Party Head...

Laos Will Issue Bonds in KIP

The Lao government has announced that it will issue domestic bonds in LAK (kip) - instead of foreign currencies - with a two-pronged objective aimed at...