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...

AEON Lao Launches EXPRESS CARD to Serve Customer

The AEON Leasing Service (Lao) Co., Ltd has officially launched its AEON Express Card to reward members with more benefits and privileges anytime and...

Ministry of Finance: Tax Take Set to Increase Next Year

The Taxation Department of the Ministry of Finance is aiming to introduce new land and road tax rates to boost government revenue for next...

Malaysian Banks Continue Expansion in Laos

Malaysian banks have continued investment and expanding the number of branches in Laos as the country's economy continued its stable growth, according to a...

How a Japanese Strawberry Gets to Laos

Japan has a lot of work to do if it is to reach the government's goal of exporting an annual 1 trillion yen ($10...

Indonesia Eyes Further Cooperation with Laos

Hydropower, tourism, potassium, and medical treatment are among the sectors Indonesia has its eye on for prospective cooperation with Laos, based on the Lao...

Thousands of Cubic Metres Veneer Legitimate for Export

More than 12,456 cubic metres of veneer exports have been permitted despite the government prohibiting the export of all types of unfinished wooden products. The...