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...

GE, EDL Sign Agreement to Develop Laos’ Hydroelectric Power Workforce

Electricite du Laos and General Electric have signed a memorandum of understanding to launch joint research and training programs designed to support the development...

Debt-ridden Vietnamese Property Group to Sell Rubber Plantations in Laos

Hoang Anh Gia Lai is desperate to find a way to settle its $1.44 billion debt. Vietnamese real estate conglomerate Hoang Anh Gia Lai is...

Foreign Investors Inject More Interest into Private Hospitals

More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services. Foreign investors...

Indian Investors Affected By Laos Ban On Timber Exports

Laos has banned export of timber and wood products to protect its environment, which has put many foreign investors in a fix, including Indians. "In...

EDL-Gen Raises $312m in Dollar Bonds in Thailand

EDL-Generation, the leading electricity producer in Laos, has successfully priced its debut US$312 million (approximately Bt10.8 billion) offering of dollar-denominated bonds in Thailand. The bonds...

Can Laos Create a Startup Economy?

Last week, the usually sleepy capital of Vientiane was awoken amidst the commotion and hustle bustle of the 29th ASEAN Summit. Within four days, the...