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...

Chinese Machine-made Lao Skirts Affecting Traditional Sales

Chinese machine-made imitations of traditional Lao skirts and ornamental dress accessories are having an effect on the sales of handmade Lao products. A recent Vientiane...

Korean Firm DGB Financial Group Establishes Leasing Business in Laos

DGB Financial Group from the Republic of Korea has expanded its financial business into Laos, after the company performed well in its home country. The...

Lao Stock Report: Jan 23

Weekly Stock Report (Jan 23rd): Lao Securities Exchange Index was stable points for the first two days, and then continued dropping respectively in the...

Laos and Thailand Must Further Promote Investment

Prime Minister Thongloun Sisoulith has called upon the business sectors in Laos and Thailand to promote further investment and cooperation. The Prime Minister attended...

Asia Peak Aims High in Nong Khai

Asia Peak, a mega-development tourism complex is in the plans for Nong Khai. Asia Peak will be a huge wholesale, retail, and entertainment center...

Attapeu International Airport Shuts Down

After flights between Vientiane-Attapeu ceased since October 2016, the Attapeu airport has been temporarily shut down. Passenger numbers were continually low, and flights were infrequent,...