Economy and commerce
Vietcombank Opens First Overseas Bank In Laos
(KPL) The Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietcombank, officially inaugurated its Vietcombank in Vientiane on Oct 19.Located on Lane Xang Avenue, a finance-banking hub in downtown Vientiane, the Vietcombank Laos chapter has a charter capital of US$ 80 million, the highest ...
KPL
Simple, Natural, Innovative As BambooLao Straws Slurp Up Tourism Award
Luang Prabang’s very own BambooLao has captured the top prize and a US$10,000 Innovation Grant in the 2018 Mekong Innovative Startups in Tourism (MIST) challenge, which is described as “an elite travel startup competition, supported by the Australian Government and Asian Development Bank, (including) Asia’s most prominent travel-specialized ...
The Laotian Times
PM touts ‘three opens’ policy to Japanese investors
Prime Minister Thongloun Sisoulith introduced Laos’ ‘three opens’ policy on investment to participants at the Mekong-Japan Business Forum in Tokyo, which was organised by the Japan External Trade Organisation.More ...
Times Reporters
Foreign owned hair salons face up to cuts as authorities act
Numerous hair salons operated or owned by foreign nationals in Vientiane have been ordered to shut down temporarily after authorities found them to be in breach of the related regulations.More ...
Phetphoxay Sengpaseuth
Party hears private sector thoughts on policy
The leadership of the Lao People’s Revolutionary Party is exploring measures to facilitate business operations better and boost the macroeconomy amid challenges, opportunities and risks facing the nation’s economy that may lie ahead.More ...
Souksakhone Vaenkeo
Lao economic growth remains resilient despite heightened global uncertainty:WB
Laos’ economic growth is expected to reach 6.9 percent in 2019-2020, according to the latest World Bank (WB) economic report on the region.Supported by increased power generation, growing opportunities in the non-resource sectors from closer regional integration, and reforms to improve the business environment, growth ...
Times Reporters
Laos-S. Korea Bilateral Trade Reaches US$ 120 Million
(KPL) The bilateral trade between the Republic of Korea and Laos for 2017 reached US$120 million, according to the Korea Trade-Investment Promotion Agency (KOTRA).More ...
KPL
Boao Forum showcases nation’s development, investment opportunities
Development and investment opportunities in Laos and the region along with the nation’s exciting potential have been showcased at the Boao Forum held in Vientiane from September 28-29.More ...
Times Reporters
Sustainable business growth promotion gets WB backing
The World Bank has approved US$13 million to promote reforms to the business environment in Laos and to reduce the number of days needed to start a business.More ...
Times Reporters
Laos’ economic growth rate revised to 6.6%, floods dampen prospects
Anyone who has been flicking on screens to news of floods in Laos, extreme weather-related disasters in the region and trade frictions beyond will not be surprised to hear that such developments have subdued economic growth somewhat.More ...
The Laotian Times
