Economy and commerce

VIENTIANE (Vientiane Times/ANN) – Consumers wanting to purchase local One District, One Product (ODOP) offerings and other quality handmade items now have a convenient retail outlet with the opening of the Laos ODOP Consignment Centre.The centre, located on the first floor of the Vientiane Center ...

VIENTIANE (Vientiane Times/ANN) – Thailand’s Heritage Snack & Food Company Limited is eyeing a larger share of the market in Laos after having exported its products to this region for several years.“We started the import of healthy food products under the Heritage brand, such as ...

VIENTIANE (Vientiane Times/ANN) – Laos is now seeking ways to increase the number of businesswomen as part of the government’s effort to promote female entrepreneurship and offer opportunities for them to showcase and share achievements of women-owned businesses.To this end, the SME Service Centre (SSC) ...

VIENTIANE (Vientiane Times/ANN) – The economic growth rate of Laos is high compared to neighbouring countries and some regional peers, however, this has not seen poverty reduction in the country.The economic growth rate of Laos from 2005 to 2018 averaged around 7.66 percent a year, ...

VIENTIANE (Vientiane Times/ANN) – The Year-on-Year Consumer Price Index (CPI) of Laos continued to grow in February, with the rising price of imported clothes and shoes as the main driving force behind this increase, according to a report from the Lao National Statistics Bureau.In its ...

VIENTIANE (Vientiane Times/ANN) – The Finance ministries of Laos and Vietnam have committed to further enhancing the implementation of strategic cooperation in the finance sector with both sides having signed for 2016-2020 and settling on several focuses for improvement.This year, Vietnam is also set to ...

VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL) and its development partners are keen to equip more people in the country with knowledge about financial literacy as part of efforts to empower them with key economic skills.BOL, as a supervisor of the ...

VIENTIANE (Vientiane Times/ANN) – Government bonds are available for trade on the Lao Securities Exchange (LSX) from March 25 to April 5, with payment of interest twice a year.The bonds have been divided into different tenures, for example, tenures of one year, three years, five ...

VIENTIANE (Vientiane Times/ANN) – Investment between China and Laos has witnessed solid development since the two countries formed the Laos-China Economic and Trade Promotion Association (LCEPA) for cooperation in the sector.Close neighbourly relations between the Lao and Chinese people and both governments are the basis ...

With a growing population and rapidly developing and urbanizing socio-economy requiring investment in human resources and infrastructure, the calls on public finances in Laos are larger than ever.These needs are spread across all the sectors you’d find in most countries, along with some particular challenges like unexploded ordnance (UXO).More. ...