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...

Fewer Businesses Opening in Laos

The number of entrepreneurs opening businesses in Laos declined by 13 percent over the past 10 months of this fiscal year compared to the...

BCEL-KT: Trade Summary (Dec 26, 2016)

Trade summary Lao stock market edged higher on Monday, as BCEL got good start before preparing for long holiday to increase by 450 kip finished...

Indochina Bank Sees Customer Increase

The number of VIP customers holding accounts at the Indochina Bank has seen a rapid increase this year. A bank executive revealed the figure...

First Modeling Lao’s Varissara Tangsouvanh Wins First International Award

Representing the nation of Laos in Shanghai last week at the Miss Tourism Queen of the Year International 2016 Contest, Varissara “May” Tangsouvanh put...

BCEL-KT: Trade Summary (Dec 23, 2016)

Trade summary Lao stock market sew lower on the final trading day of the week, after banking stock hitting 5,500 kip on mid morning, then...

BCEL-KT: Trade Summary (Dec 22, 2016)

Trade summary Lao stock market mixed on Thursday, as energy stock jumped by 50 kip to close at 5,000 kip, posting trading volume of 19,000...