Economy and commerce

VIENTIANE (Vientiane Times/ANN) – The government is closely monitoring the management of loans given to small and medium-sized enterprises (SMEs) to ensure they are used wisely and profitably. Speaking at the annual meeting of the finance sector earlier this month, Prime Minister Thongloun Sisoulith said the ...

VIENTIANE (Vientiane Times/ANN) – The Department of International Trade Promotion, Thai Ministry of Commerce, in collaboration with The Federation of Thai Industries introduced the Bangkok RHVAC 2019 and Bangkok E&E 2019 fairs to Lao entrepreneurs in the hope of attracting more visitors from Asean countries.The ...

(KPL) The Laorealestate.la Expo 2019, the first of its kind, will be held at the Don Chan Palace Hotel on 1st and 2nd of March with more than 40 property companies expected to join the event.More ...

VIENTIANE (Vientiane Times/ANN) – The fair is held annually to boost productivity and to expand market access for Lao furniture makers.The Lao Furniture Association is hoping that the Lao Wood Furniture Fair taking place at Lao-ITECC in Vientiane from January 12-20 will boost the sale of ...

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 ...

The Central Committee of the Lao People’s Revolutionary Party recently adopted core and urgent measures to drive the macro economy which is currently encountering some difficulties. New state investment must focus only on projects which are economically efficient, except for recovery projects following damage from natural ...

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 ...

VIENTIANE (Vientiane Times/ANN) – The combined trade value of imports and exports between Laos and Vietnam shot up by 13 percent in 2018, crossing the US$1 billion mark, officials from the two countries announced.The figure was reported at the 41st session of the Laos-Vietnam Inter-Governmental ...

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 ...