GoL and " the 3 Opens" Policy

(Vientiane Times)- The government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries.Addressing the National Assembly on Monday, Deputy Prime Minister and Minister of Planning and Investment, Dr Sonexay Siphandone said ...

Somsack Pongkhao

Vietnamese investment eyes hopeful Lao future despite recent setbacks

VIENTIANE (Vientiane Times/ANN) – Laos and Vietnam are continuing to cooperate on future investment projects in Laos in spite of a recent slowdown compared to previous years.One of the major projects is the construction of the Nongkhang airport in Xamneua district, Huaphan province; the Laos-Vietnam ...

News Desk

Laos, USA cooperate on business environment improvement

VIENTIANE (Vientiane Times/ANN) – Private sector conditions in Laos are likely to improve following the launch of the New Laos Business Environment Project by the Ministry of Industry and Commerce and United States of America.The project will provide capacity building and advisory services aimed at ...

Souksamai Boulom

Chinese company explores business opportunities in Laos

VIENTIANE (Vientiane Times/ANN) – A food and beverage company from China – Hainan Pinxiang Foodstuff Company Limited – is hoping to expand its market to Laos, initially focusing on Vientiane.The company showcased some of its wares at the Economic and Technological Exhibition for Lancang-Mekong Cooperation ...

Souksamai Boulom

Chinese firms sign 184-mln-USD deals to purchase goods from Laos

KUNMING, Nov. 23 (Xinhua) — Chinese companies signed contracts worth 1.3 billion yuan (about 184 million U.S. dollars) to purchase goods, mainly agricultural products, from their Laos counterparts.The deals were signed as the 2019 Sino-Laos Investment Fair concluded Friday in Kunming, capital of southwest China’s ...


Foodpanda Launches in Laos with Over 300 Restaurants on Board

Foodpanda, the on-demand international food delivery service, has officially launched in Laos with over 300 restaurants on board.Heading to the capital first to open a world of exciting flavors to the residents of Vientiane, Foodpanda’s fleet of pink riders will bring meals from over 300 restaurants straight ...

Cameron Darke

Investment in Lao industry stagnates

VIENTIANE (Vientiane Times/ANN) – The growth rate of factories in Laos is continuing to moderate despite the government improving its policies and regulations to attract investors.The number of factories has grown by just 5 percent annually, according to statistics collected by the Department of Industry ...

News Desk

Asean Business Awards Laos promote outstanding entrepreneurs

VIENTIANE (Vientiane Times/ANN) – The 18 winners of the Asean Business Awards (ABA) Laos 2019 were officially acknowledged as talented economic players with great potential for domestic business expansion as well as within the Asean business community.Deputy Prime Minister and Minister of Finance Mr Somdy ...

News Desk

Business sector assesses facilitation of investment, trade in Laos

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry is conducting an assessment of the ways in which the provinces and Vientiane facilitate investment and trade, under Phase 2 of the ProFIT project.The project surveys and evaluates how the business sector benefits ...

Manichanh Pansivongxay

Savannakhet in Laos slashes red tape to ease freight transport

VIENTIANE (Vientiane Times/ANN) – Savannakhet provincial authorities have announced the removal of all inspection checkpoints along main roads to speed the transport of freight and exports.Provincial governor Santiphab Phomvihane last week issued an executive order to remove the checkpoints – the latest move to improve ...

Souksakhone Vaenkeo

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