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...

Coffee Giant Dao-Heuang Owes 27 Billion kip to Lao Farmers

After falling several months behind in payments for raw beans, one of the largest firms in Laos, Dao-Heuang Group, has racked up  an estimated...

Frustrated Road Users Insist Government Take Over Tolls

Frequent commuters and traders on Road 16 in Champassak province, are voicing their discontentment on the high toll fares collected on the road that...

POS Launch Party at Naked Espresso Khamkhong

Owner of popular Naked Espresso cafe franchise, Mr Ariya Khamvongsa, emphasized the importance of cooperation and camaraderie among cafe and restaurant owners, at a...

Riding the Globalization Wave

Driving through the capital city of Vientiane, its apparent that in the past five years, the country has stepped up its globalization game. With...

Star Telecom Wins Bid to Develop Population Management for Laos

On June 9th, the Ministry of Home Affairs signed a contract allowing Star Telecom (widely known as Unitel) to move forward in developing the Population...

Private Businesses Struggle to Find Financing

Business banking in Laos has taken a severe hit in the past few years as government officials have started limiting funds that have been...