Business

Laos, Russian Region of Tatarstan Discuss New Trade Opportunities

Russia’s Republic of Tatarstan wants to expand trade and investment with Laos, with the region’s official media describing current economic ties as “practically absent” during a two-day visit by its head to Vientiane on 4 and 5 November. Tatarstan's head Rustam Minnikhanov met Lao Prime Minister Saleumxay Kommasith on 5...

Laos’s Credit Rating Upgraded After Bond Sale, Hong Kong Tax Pact

Laos has received a credit rating upgrade after issuing a USD 500 million international...

Laos Eyes 500MW Renewable Electricity Export to Singapore

Laos is eyeing a major expansion of its clean energy exports following a proposed...

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Laos to Promote Domestic Production, Reduce Imports

The Ministry of Industry and Commerce (MTC) announced a number of measures to promote domestic production and reduce imports during the 5th Ordinary Session...

LOCA Introduces “Climate Dashboard” Feature, Enabling Users to Track Their Environmental Impact in Real Time

LOCA, the leading ride-hailing app renowned for its commitment to sustainable transportation solutions, proudly announces the launch of its latest feature: the revolutionary "Climate...

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...