Investment

VIENTIANE (Vientiane Times/ANN) – Laos is hoping that its ranking in the global ease of doing business (EODB) index will improve after the government rolls out measures to drive the economy forward by simplifying business operations.In 2019, only Myanmar ranked lower than Laos amongst the ...

VIENTIANE (Vientiane Times/ANN) – The State Enterprise for Agriculture Service (SAS) has agreed to partner with the Wanma International Import and Export Trading Co., Ltd. of China to develop agricultural production in Laos for domestic consumption and export.The agreement was signed in Vientiane last week ...

VIENTIANE (Vientiane Times/ANN) – The government will accelerate lending through the banking sector to boost local businesses so they become more competitive and create export opportunities.Authorities are planning to increase business lending to around 55 percent of GDP by the end of the year, up ...

LUANG NAMTHA, Laos (Vientiane Times/ANN) – Just 10 years ago, the border town of Boten in Luang Namtha province was a bustling town of neon lights, cashed up tourists and thriving businesses that centered on a casino and gambling dens that drew thousands of Chinese ...

VIENTIANE (Vientiane Times/ANN) – The European Chamber of Commerce and Industry in Laos (ECCIL) has launched a 2019 White Paper that provides detailed information on the Lao economy which it hopes will attract more EU investment in the country.Speaking at a press conference last Wednesday, ...

VIENTIANE (Vientiane Times/ANN) – The government is cooperating with its development partners and stakeholders to promote higher quality investments in the country through developing and improving its assessment mechanisms and strategies.This plan was discussed at a forum co-organised by the Ministry of Planning and Investment, ...

VIENTIANE (Vientiane Times/ANN) – A Chinese company, Yunnan Haicheng Industrial Group Co., Ltd., is investigating the possibility of agricultural investment in Phongsaly province after already operating ventures in Bokeo, Luang Namtha, and Oudomxay provinces.Under the arrangements made with Phongsaly provincial authorities, the company will spend ...

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI) and the All-China Federation of Industry and Commerce (ACFIC) have inked a cooperation agreement that formalises the close working relationship between the two organisations into the future.Under the framework of the Belt ...

VIENTIANE (Vientiane Times/ANN) – The government cabinet has pledged to continue efforts to streamline procedures to better facilitate business operations.The commitment was made as the cabinet concluded its monthly meeting for May which ended yesterday, according to a press statement from the Prime Minister’s Office.The ...

VIENTIANE (Vientiane Times/ANN) – The Investment Reform Map (IRM) is an important mechanism for the development of investment policies to attract foreign direct investment (FDI) and can assist countries that want to develop and attract investment.Speaking last week at the opening ceremony of a consultation ...