Investment

VIENTIANE (Vientiane Times/ANN) – The Lao Chemical Import and Export Joint Venture Company plans to invest US$90 million within five years to supply chemical products to various sectors in Laos.The newly opened firm has divided its business operations into three phases and launched its action ...

VIENTIANE (Vientiane Times/ANN)  – The secretariat for the improvement of regulations and the coordination mechanism for business activities in Laos has passed an action plan aimed at removing obstacles within 10 indicators that affect ease of doing business.The action plan was cleared at a meeting ...

Prime Minister Thongloun Sisoulith has approved a list of businesses that are subject to government control, while also stating that types of business not on the list would find it easier to operate.An official from the Enterprise Registration Office said yesterday that from now on ...

VIENTIANE (Vientiane Times/ANN) – Prime Minister Thongloun Sisoulith has urged the Ministry of Planning and Investment to partner with provincial authorities to clarify and pragmatically pre-assess proposed development projects, to ensure their quality and sustainability.The premier also advised ministry officials to proactively monitor ongoing projects rather ...

Mercure Hotel chain has announced the closure of its Vientiane property from March 1, 2019. The Mercure is set to continue trading until February 28 shutting its doors for the final time March 1, the letter signed by general manager Christopher Yeo and dated December 26, 2018, announced. More recently ...

VIENTIANE (Vientiane Times/ANN) – The government expects domestic and foreign private investment to climb to 23,086 billion kip in 2019, accounting for 52.06 percent of total investment or 13.95 percent of GDP.More ...

Laos’ capital’s convenience store chain M Point Mart is set for an overhaul as Vientiane’s Phontan store staff confirm joint venture set see the city’s ubiquitous late night shopping outlets rebranded as Mini Big C with 24 hour shopping hours expected.Setting up in Vientiane’s old town before ...

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 ...