Investment

VIENTIANE (Vientiane Times/ANN) – Xieng Khuang provincial authorities have announced plans to approve all investment project proposals within two weeks without any delays.The provincial Governor, Mr Bounton Chanthaphone, told Vientiane Times recently that the province’s investment committee will no longer delay any investment projects that ...

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 ...

Will 7-Eleven come to Laos? The question has been up in the air for many years despite continued reports that it would make a foray into the country.One more such report emerged a few days ago. According to The Nation, CP All, a Thai firm that ...

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) – Companies from Asia, Asean states and Europe are eyeing markets for their products in Laos, which is witnessing strong demand.Despite being a small market in the Asean region with a population of 6.8 million, Laos is an attractive destination for manufacturers ...

VIENTIANE (Vientiane Times/ANN) – The Siberian Association of International Cooperation from the Novosibirsk region of Russia plans to set up an office in Laos to improve business coordination and cooperation.The plan was unveiled by the association’s President, Mr Pavel Ostroverhov, when he led business operators ...

VIENTIANE (Vientiane Times/ANN) – The business communities of Laos and South Korea are keen to jointly promote the development of renewable energy in Laos.A business matching event was held in Vientiane to facilitate collaboration between Lao companies and representatives of Korean firms from Chungcheongbukdo province ...

VIENTIANE (Vientiane Times/ANN) – Life for entrepreneurs, investors and those interested in running a business became easier with the development and launch of the website www.ned.gov.la.The site is an initiative of the Enterprise Registration and Management Department (ERMD) of the Ministry of Industry and Commerce. ...

VIENTIANE (Vientiane Times/ANN) – The business environment is expected to improve dramatically in the coming years as the government intensifies action to better facilitate business, Prime Minister Thongloun Sisoulith has told the National Assembly.The premier was responding to a question raised by members of parliament ...