Investment

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) – Regional demand for crops and livestock remains high but Laos is unable to capitalise on its potential to satisfy the regional market need, according to a senior official.Deputy Minister of Agriculture and Forestry Dr Bounkhuang Khambounheuang recently stressed the need for ...

Laos has launched a new electric vehicle project, joining its neighbors in Southeast Asia where the growth of the EV market is set to boom.Electricite du Laos (EDL) and Vientiane-based EV Lao Company have teamed up for the project, which is designed to compare operating costs between ...

Laos has won over foreign investors in the latest arbitration of an international court case involving the casino industry.The International Centre for the Settlement of Investment Disputes (ICSID) tribunal has dismissed a case lodged by Dutch firm Lao Holdings NV (LHNV) against the Lao government ...

VIENTIANE (Vientiane Times/ANN) – Budding Lao entrepreneurs have invited their counterparts from Cambodia to make more investment and to do business in Laos in order to boost cooperation in trade and entrepreneurial undertakings between the two sides.This cooperation will help young Lao and Cambodian entrepreneurs ...

Edible insects first sparked international attention in 2013 when the Food and Agriculture Organization (FAO) published a reportreferring to them as one way to solve the global food shortage.At that time, FAO noted that insects as food and feed emerge as an especially relevant issue in ...

Washington D.C/VIENTIANE (Vientiane Times/ANN) – A senior official from the US-Asean Business Council of the United States has advised Lao companies to partner with other Asean companies in order to attract more global investors.The council’s Senior Vice President of Policy Affairs, Mr Marc Mealy, said ...

Japanese cable manufacturer Bando Densen has opened a factory in Laos, joining a group of competitors that are stepping up their presence in Southeast Asia amid demand for electronic vehicles.The company will gradually strengthen its local operations and with cheaper labor costs and existing distribution ...

VIENTIANE (Vientiane Times/ANN) – The government will try to sell more domestic bonds in the local currency in an attempt to address the fiscal deficit and strengthen the national capital market.Over the past five months of this year, the government has sold 1.13 trillion kip ...

VIENTIANE (Vientiane Times/ANN) – BZG Asia Investment LLC (BZGAI) from the United Arab Emirates (UAE) in partnership with 7TIC International Corporation Ltd. will conduct a feasibility study on investment in Laos.The two companies signed five Memorandums of Association in Vientiane on Tuesday, with Deputy Prime ...