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Wednesday, July 2, 2025
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Business

Laos-China Railway Hits New Milestone as Cargo Value Soars Past USD 1.4 Billion

The Laos-China Railway has notched up another milestone in its rapid expansion, transporting more than 2.48 million tones of goods worth over CNY 10 billion (approximately USD 1.4 billion) between January and May this year, according to figures released by Chinese customs and reported by Xinhua. Both freight volume and value...

Laos Proposes Tax Relief for Small Businesses Under Revised Income Tax Law

On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to...

Vietnam Parliament Approves Raising Alcohol Tax to 90 Percent by 203

On 14 June, Vietnam’s parliament passed legislation to increase the special consumption tax on...

Costa Group Becomes Sole Concession Owner of Laos Blueberry Operations

In a ceremony held on 13 June in the city of Pakse, leading global...

AEM 48 Opened

The 48th ASEAN Economic Ministers' Meeting (AEM 48)  was opened this morning by Prime Minister Thongloun Sisoulith in the presence of ASEAN Secretary General...

CLMV Nations to Partner In Tourism, Banking

Cambodia, Laos, Myanmar and Vietnam (CLMV) have reaffirmed their commitment to strengthen their cooperation in promoting their countries as a single tourism destination. The countries'...

Laos, Malaysia Boost Trade And Investment Cooperation

Laos and Malaysia will boost cooperation in trade and investment to strengthen their existing bilateral relations. The collaboration was confirmed during a bilateral meeting between...

Luang Namtha Eyes Economic Growth of Not Less 9.5 Percent

Luang Namtha province aims to grow its economy by not less than 9.5 percent a year, with revenue equating to about 12 million kip per...

Saravan’s Total Trade Value Grows By 17.76

The value of trade in Saravan province climbed to more than 1.5 trillion kip over the first nine months of this fiscal year, up...

Quality Checks On Imported Fuel Begin At Friendship Bridge

The Ministry of Science and Technology has begun checks on the quality of imported fuel at the Laos-Thai Friendship Bridge in Vientiane. A ceremony to...