Investment policy and regulations

The Vientiane administration has told the capital’s People’s Council it will strive to improve the business environment to attract more investment and raise the economic growth rate to 9.5 percent next year.More ...

Improving the investment climate, and building a state governed by the rule of law will be the main focus of government activities in the first month of 2019.The government stressed the need for authorities in charge to coordinate with related sectors to study these problems, ...

The Ministry of Planning and Investment has pledged to intensify action to speed up the consideration and approval of investment projects after learning that it typically took longer than the timeframe stipulated by law.In a document submitted to the National Assembly last week, the ministry ...

Prime Minister Thongloun Sisoulith told the National Assembly (NA) that the government will thoroughly scrutinise state investment projects to prevent money from being spent on highly unnecessary projects as was the case in past years.“In 2019, the government will emphasise quality investment,” he told the ...

As part of the key strategy to expand businesses within AEC+3, KBank is now ready to tap into Lao PDR through numerous services and local partnership arrangements, the company said in a press release issued on Friday.For 2019, targets have been set to bolster loans ...

ONYX Hospitality Group, one of the region’s leading hotel management companies, on Tuesday announced a management agreement with Laos-based Asia Investment, Development & Construction Sole (AIDC) to develop a new-build Amari hotel in the centre of Vientiane.AIDC is an investment and construction joint venture led ...

Laos has dropped 13 places to 154th in the global ease-of-doing-business (EODB) rankings despite the government’s efforts to improve the business environment.The country’s EODB score was 51.26 this year, up by 0.11 on last year, according to the World Bank’s latest annual EODB ranking index ...

Lao companies and households will benefit from reforms to the business environment, for instance reducing the number of days needed to start a business, through the Lao PDR Competitiveness and Trade Project.An agreement for US$10 million of financing by the World Bank was signed yesterday ...

Prime Minister Thongloun Sisoulith introduced Laos’ ‘three opens’ policy on investment to participants at the Mekong-Japan Business Forum in Tokyo, which was organised by the Japan External Trade Organisation.More ...

The leadership of the Lao People’s Revolutionary Party is exploring measures to facilitate business operations better and boost the macroeconomy amid challenges, opportunities and risks facing the nation’s economy that may lie ahead.More ...