27.5 C
Vientiane
Sunday, July 6, 2025
spot_img

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...

Vietnam Sees Launch of Cheapest EV Cars

Chinese car manufacturer Wuling rolled out the country's cheapest electric vehicle models last Thursday. The Wuling Hongguang Mini EV was launched for a starting price...

Lao Government Pursues Increased Investment to Tackle Financial Challenges

The Lao government has expressed an interest to attract more domestic and international investments to relieve the country's financial woes during the ongoing 5th...

Vientiane Petroleum State Enterprise Starts Importing Fuel From China

The first shipments arrived in Laos this week after an MoU was signed between the Vientiane Petroleum State Enterprise, SINOPEC Hong Kong, and SINOLAO...

National Assembly Member Proposes Adjusting Lao Workers’ Wages to Current Forex Rates

During the ongoing 5th Ordinary Session of the 9th National Assembly Legislature, Mr. Xayadeth Phouiyavong, a constituent of Savannakhet’s District 13, urged the government...

Saysana Group, Lao Government Collaborate on Big Data Management Feasibility Study

Saysana Group has signed a Memorandum of Understanding (MOU) with the Lao Government to conduct a feasibility study for the development of a national...

Enish and GeekOut, two brands engaged in game app development and operation, announce the launch of their original Verse on Oasys and the release...

SINGAPORE - Media OutReach - 28 June 2023 - Oasys, a gaming-optimised blockchain, is excited to announce that two major developers and operators...