Investment

VIENTIANE (Vientiane Times/ANN) – As the Lao economy continues to record impressive annual growth of 6 percent to 7 percent, numerous foreign firms in the construction materials sector are now keen to expand their operations.The Lao government is currently working to improve the business environment ...

VIENTIANE (Vientiane Times/ANN) – The organisers of THAIFEX-World Food of Asia 2019, a Thai food exhibition, are looking for business opportunities with Lao firms in the food and beverage sector, so they can expand their markets in Thailand and overseas.With this vision in mind, representatives ...

VIENTIANE (Vientiane Times/ANN) – Laos and China’s Guangdong province are aiming for a further increase in trade and investment volumes after their bilateral trade value was recorded at US$270 million last year, according to a senior Chinese official.In addition, five investment projects were launched in ...

VIENTIANE (Vientiane Times/ANN) – Laos and Vietnam are strengthening investment cooperation including planning and management of both the government and private sectors as well as sharing lessons in economic development.These issues were covered at a meeting in Vientiane on Thursday which was co-chaired by Deputy ...

VIENTIANE, March 10 (Xinhua) — Bounnhang Vorachith, general secretary of the Lao People’s Revolutionary Party Central Committee and president of Laos, inspected the Sun Paper Holdings Laos Co., Ltd. (Sun Paper Laos) on Sunday, hoping that the Chinese company will further help promote local economic ...

KHAMMUAN, Laos (Vientiane Times/ANN) – Jo Bounmy Group, a leading business conglomerate in Laos, has approved additional capital of US$500 million to build a trade and warehouse complex at the Thakhaek Specific Economic Zone (TSEZ) in Khammuan province.The company plans to build a trading complex ...

VIENTIANE (Vientiane Times/ANN) – Central and local officials from the planning and investment and industry and commerce sectors attended a meeting yesterday to learn about investment incentives and details of the Investment Promotion Law, which was last revised in 2016.The meeting took place at the ...

Lao authorities have adopted measures that will allow easier access to credit and give added protection to minority investors in moves set to improve the country’s overall business environment.Accessing credit and protecting minority investors are two of the 11 indicators which the World Bank uses ...

(KPL) IFC, a member of the World Bank Group, and the Government of Canada, in partnership with the Ministry of Planning and Investment held a workshop on public-private partnerships in Vientiane on Feb 22, 2019.The aim is to boost investments in several key sectors in the Lao PDR and guide the ...

State-owned Vietnam National Chemical Group (Vinachem) has decided to pull out of a loss-making potassium salt mining and processing project in Laos’ province of Khammuane after pouring trillions of Vietnamese dong into the megaproject for 15 years, Tuoi Tre Online newspaper reported.The withdrawal will result ...