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Tuesday, July 1, 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...

Stronger Public-Private Collaboration Needed

It is necessary for the public and business community to enhance their collaboration to reform and change production structure and improve production management to ensure...

Luang Prabang focuses on Boosting cultural Tourism

The Luang Prabang tourism sector has been focusing on boosting cultural tourism and sustainable development to ensure socio-economic development in the province, according to a...

Govt Mulls to Solve Business Issues for Development

Business operations in Laos remain challenging because of widespread failure to understand and comply with complex laws as well as lax oversight on the...

Follow Party Policy, VP Advises Business Operators

Business operators should understand Party policies and direction in depth and conduct their operations honestly to enable strong growth in the government and business sectors,...

Phongsaly Brewing Up Coffee Opportunities

Phongsaly, long renowned for its green tea, is set to be the nation's first coffee producer in the north after around 3,000 hectares of...

Laos, Singapore Vow to Enhance Cooperation

Laos and Singapore are pledging to work together to promote trade and investment between the two countries after their trade volume climbed to US$72.5...