Investment policy and regulations

VIENTIANE (Vientiane Times/ANN) – Although the government has made significant improvements to the business environment in Laos, progress remains slow when compared to the need for trade and investment promotion.This was the message from the Vice President of the Lao National Chamber of Commerce and ...

VIENTIANE (Vientiane Times/ANN) – The government will take steps to raise Laos’ ranking on the World Bank’s ease of doing business (EDB) index over the rest of this year, in a bid to improve the country’s investment climate.Minister of Planning and Investment Dr Souphan Keomixay ...

VIENTIANE (Vientiane Times/ANN) – Government officials gathered with representatives of the Japan International Cooperation Agency (JICA) and Japanese Embassy to Laos in Vientiane on Friday to discuss improvements in the field of public investment management (PIM).Participants discussed the structure of the proposed committee to lead ...

VIENTIANE (Vientiane Times/ANN) – Action will soon be taken against and fines slapped on foreigners who are illegally operating businesses in Laos.The Ministry of Industry and Commerce recently issued instructions with detailed guidelines on how to regulate such unlicensed businesses.Any business being operated without a ...

Laos will crack down on foreign-owned businesses operating in the country without the proper permit.The Lao government has begun to inspect foreign-owned businesses to see whether they comply with Lao laws and regulations, according to ministerial advice by the Ministry of Industry and Commerce, reported ...

VIENTIANE (Vientiane Times/ANN) – Prime Minister Thongloun Sisoulith has called for the business sector to get more involved in rural development and poverty reduction to help achieve its development goals.Speaking at a gathering arranged to push for more national patriotic and development activities in the ...

VIENTIANE (Vientiane Times/ANN) – Laos is hoping that its ranking in the global ease of doing business (EODB) index will improve after the government rolls out measures to drive the economy forward by simplifying business operations.In 2019, only Myanmar ranked lower than Laos amongst the ...

VIENTIANE (Vientiane Times/ANN) – The government has called upon the private sector to cooperate with the public sector to enable the country to create a friendly business environment and promote ease of doing business.Unnecessary hurdles are being gradually eliminated, but it is believed that it ...

VIENTIANE (Vientiane Times/ANN) – The Thai companies PTT (Lao) Co., Ltd. and Zixgar Group Ltd. are looking at food business opportunities in Laos with a focus on travellers and office workers as their main customers.This sector is particularly appealing after the explosion in the number ...

The government should promote investment which helps to create jobs and income for local people, according to the Lao National Economic Research Institute.The institute, which serves as an economic policy thinktank, made the recommendation to the government in its latest economic update, which was unveiled ...