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Tuesday, July 1, 2025
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Retail

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 beer and strong alcoholic beverages to 90 percent by 2031, rising from the existing 65 percent rate.  Under the new law, tax rates on  liquor with more than 20 percent alcohol content and all beers will...

Lao Government Enforces Ban on Unregistered, Unlabeled Imported Food Starting 1 July

Starting 1 July, Laos will prohibit the import and sale of unregistered food products...

Laos Pauses Importer-Exporter System for Necessary Upgrades

The Ministry of Industry and Commerce has announced the temporary closure and upgrade of...

Laos, Vietnam Inaugurated Wharf No.3 to Boost Trade

On 28 April, Wharf No. 3 at the Lao-Viet International Port was officially inaugurated...

Lao Government Grants Tax Exemption Up to 30 years for Amata Investment Zone

On 20 March, members of the National Assembly (NA) approved a special incentive package...

Finance Ministry: State Lottery Creates Jobs, Revenue

The Ministry of Finance has defended its decision to expand the national lottery to three days per week as a means of creating employment...

That Luang Lake Market Becomes Shopping Hotspot

The recently opened That Luang Lake Market, also known as Beung That Luang Market, has become a shopping hotspot overnight after the closure of...

Vientiane Bus Station Project Severely Delayed

The Vientiane Capital bus station construction project, which began in 2015, remains incomplete despite plans to be ready for use in 2018. Chitchareun Construction was...

7-Eleven Convenience Stores to Enter Laos By 2022

7-Eleven has signed a master franchise agreement with CP ALL Laos, a subsidiary of Thailand's CP ALL Public Company, to operate 7-Eleven stores within...

LVMC (Kolao) to Sell Vehicles via Online Channel

LVMC Holdings, formerly known as Kolao Holdings, has announced that it plans to sell vehicles online via an online sales platform that it will...

Laos Launches QR Code Payment Standard

The Bank of Lao PDR has launched a Lao QR Code standard for electronic payments in a move to improve payment services and integration...