Investment

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 ...

VIENTIANE (Vientiane Times/ANN) – More investment in electricity infrastructure and expanding the transmission network will help tackle the problem of power cuts for Lao consumers, according to an energy official.Consumers often complain about insufficient electricity and the instability of supply during both the dry and ...

VIENTIANE (Vientiane Times/ANN) – Vietnam has invested US$4.1 billion in 409 projects in Laos, with the largest investments being in the public works and transport, energy and mines, and agriculture sectors.Minister of Planning and Investment Dr Soukphanh Keomixay said Vietnam ranks third among all foreign ...

VIENTIANE (Vientiane Times/ANN) — The Korea Electric Power Corporation (KEPCO) hopes to expand its power equipment business as well as explore other avenues of cooperation with Laos’ energy sector.A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricité du Laos (EDL), and ...

VIENTIANE (Vientiane Times/ANN) – The development of Laos’ power transmission grid will receive a strong boost from private investment after the Ministry of Energy and Mines and the International Finance Corporation (IFC) signed a cooperation agreement.The agreement was signed yesterday by Deputy Minister of Energy ...

VIENTIANE (Vientiane Times/ANN) – Kong district in the southern province of Champassak looks set to become a new model in the implementation of one-stop services and the improvement of business registration, which provinces nationwide should learn from.District authorities have established a one-stop service in each ...

(KPL) A group of Chinese investors have invested at least 10 billion yuan to speed up developing the infrastructure of the Boten Specific Economic Zone (SEZ) in Luang Namtha Province, northern Laos.“Boten Specific Economic Zone is adjacent to border town of Mohan in China’s Yunnan ...

VIENTIANE (Vientiane Times/ANN) – The Japanese government has approved a new Japanese International Cooperation Agency (JICA) project through the Laos-Japan Human Resource Development Institute (LJI) to support development of the private sector and Japanese investments in Laos.The new project for Capacity Development of Business Professionals ...

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 ...