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Tuesday, June 17, 2025
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Business

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 beer and strong alcoholic beverages to 90 percent by 2031, rising from the existing 65 percent rate.  Under the new law, tax rates on  liquor with more than 20 percent alcohol content and all beers will...

Costa Group Becomes Sole Concession Owner of Laos Blueberry Operations

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

China’s Aircraft Maker Seeks Majority Stake in Lao Airlines Amid Reforms

The Lao government is weighing a proposal from China’s Commercial Aircraft Corporation (COMAC) to...

Thai Airways Closes Thai Smile After THB 20.9 Billion in Losses of 12 Years of Service

Thai Airways International (THAI) has formally dissolved Thai Smile Airways—its low-cost subsidiary.  On 5 June,...

Lao Government Enforces Ban on Unregistered, Unlabeled Imported Food Starting 1 July

Starting 1 July, Laos will prohibit the import and sale of unregistered food products...

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...

SilkAir to Codeshare With Lao Airlines

SilkAir, the regional wing of Singapore Airlines, has signed a codeshare agreement with Lao Airlines for its flights to Vientiane and Luang Prabang, providing...

Canada Opens Diplomatic Office in Vientiane Capital

Canada has opened a diplomatic office in Vientiane in an effort to boost economic and political ties with Laos. Canada's Minister of Foreign Affairs Stéphane...

ANZ Appoints CEO for Laos

Australian bank ANZ has announced the appointment of a new CEO Laos. The bank focuses on Trade Facilitation, Global Markets and offers Priority services to...