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...

Traffic Lights in Vientiane Improperly Installed

Vientiane Authorities have admitted that traffic lights at some locations in Vientiane Capital have been improperly installed and are not yet fully operational. According to...

First Station Complete Along Laos-China Railway

The first station along the Laos-China Railway was completed on Wednesday, marking a significant occasion for the railway line. The last concrete casting on top...

Vientiane to Vang Vieng Expressway to Open by December

The Vientiane to Vang Vieng expressway linking the nation’s capital with the resort town of Vang Vieng is expected to be ready for use...

Germany Supplies Scientific Equipment to MRC to Monitor Dam Impacts

The government of Germany has provided equipment for the Mekong River Commission (MRC) to monitor transboundary environmental impacts from two mainstream dams on the...

Tanmixay-Sikeuth Road to be Complete by November

The contractor responsible for the construction of the Tanmixay to Sikeuth Road in Vientiane Capital has confirmed that the upgrade will be complete by...

Laos and China Form Joint Power Grid Company

Electricite du Laos state enterprise and China Southern Power Grid have signed an agreement to jointly establish a new venture to operate the country's...