Economy

Laos Orders Local Trade Offices to Stop Restricting Business Competition

The Ministry of Industry and Commerce has ordered trade offices nationwide to stop imposing measures that restrict business competition or obstruct the movement of goods. Issued on 28 October, the order took effect immediately and applies to industry and commerce departments in Vientiane Capital and all provinces, as well as...

Laos Inflation Eases to 7.7 Percent as Electricity Costs Remain High

Laos’ inflation edged down to 7.7 percent in October from 7.8 percent in September,...

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 Bans Money Bouquets, Crafts Made From Kip Banknotes

Laos has banned the production, sale, and advertising of crafts made from kip banknotes,...

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...

Expressway Contractor in Talks to Adjust Tolls, Clear Cattle

The Vientiane to Vang Vieng Expressway Management Committee is to hold discussions regarding the adjustment of road tolls following public complaints. According to a report...

Famous Tha Heua Fish Market Faces Abandonment Following Expressway Opening

Vang Vieng's Tha Heua Market faces total abandonment after the expressway has caused motorists to bypass it when traveling to the resort town. According to...

Government Approves Sale of Land Along Vientiane’s 450 Years Road

The government of Laos has approved the sale of land along either side of the 450 Years Road in Vientiane Capital. The Vientiane Capital Department...

Vang Vieng Expressway Contractor Clarifies Delay

The contractor responsible for the Vientiane to Vang Vieng Expressway has confirmed the road will be open for use by 31 December this year. According...

Laos-China Railway May Not be Completed on Schedule

The Laos-China Railway construction project is scheduled to open in December 2021 but is set to face delays. According to a report by Vientiane Times,...

Saddle Dam Rebuilt at Xe Pian Xe Namnoy Hydropower Project

The Xe Pian Xe Namnoy hydropower project in Attapeu province has reconstructed a saddle dam at the reservoir following a fatal collapse two years...