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...

Launch of the Nakai Plateau Livestock, Agriculture and Fisheries project

The French Agency for Development (AFD), the Nam Theun 2 Power Company (NTPC), the Khammouane Provincial Government, and the Ministry of Agriculture and Forestry...

Thai Border to Collect Toll from all Foreign Vehicles

Foreign vehicles entering Thailand by way of border will be expected to pay an ‘Asean road toll’ fee that the country plans to implement...

Laos Urban Expansion a Cause For Concern

With Laos being one of the primary countries set on a fast track towards urbanization, experts have raised concerns over the common challenges that...

China Invests in Vientiane-Vang Vieng Expressway

During a two-day visit to Laos by Chinese President Xi Jinping on November 13-14, an agreement was signed by officials from both countries to...

Vietnam to Promote Visit Laos Year 2018

In an effort to promote the newly launched Visit Laos Year 2018, Lao National Radio (LNR) has teamed up with Voice of Vietnam (VOV)'s...

Laos Donates Supplies to Vietnam Following Natural Disaster

On Monday, November 20, Lao government officials contributed 20 tonnes of rice and a tonne of dried pork and beef in aid to those...