Economy and commerce

VIENTIANE, Nov. 13 (Xinhua) — The Lao government is looking at the possibility of issuing bonds on the Chinese market to finance its investment projects, local daily Vientiane Times quoted a Lao finance official as saying.More ...

BANGKOK, Nov. 12 (Xinhua) — Red onion and garlic allegedly smuggled across Mekong River from Laos were seized at a Thai border market on Monday, police said.A haul of 1.7 tons of red onion and 1.4 tons of garlic were seized from a couple of ...

Beijing looks to boost ties with the two Mekong nations amid a trade war escalationBANGKOK — As the trade war with the U.S. intensifies, China is looking to strengthen commercial ties with countries in the Mekong region of Southeast Asia by setting up a free-trade ...

SINGAPORE, Nov 7 (IFR) – The Lao People’s Democratic Republic, rated BBB+ by Tris, is returning to the baht bond market with plans to raise up to Bt7bn (US$215.3m) this month.Bangkok Bank and Thanachart Bank are joint lead managers for the deal.More ...

Laos’ Prime Minister Thongloun Sisoulith was in China’s major economic city Shanghai pushing the Made-in-Laos message as the country’s policymakers and entrepreneurs seek to leverage increased connectivity to the massive consumer market on its doorstep at the China International Import Expo.More ...

Laos has dropped 13 places to 154th in the global ease-of-doing-business (EODB) rankings despite the government’s efforts to improve the business environment.The country’s EODB score was 51.26 this year, up by 0.11 on last year, according to the World Bank’s latest annual EODB ranking index ...

BOTEN, Laos, Oct. 31 (Xinhua) — With over 64 ton diesel, handed over from PetroChina to a Lao company at Laos-China border, the first export of Chinese refined oil to Lao market was made on Wednesday.PetroChina International (Yunnan) Co. Ltd, a subsidiary of PetroChina group, ...

Lao companies and households will benefit from reforms to the business environment, for instance reducing the number of days needed to start a business, through the Lao PDR Competitiveness and Trade Project.An agreement for US$10 million of financing by the World Bank was signed yesterday ...

As of next year steel and cement importers in Laos will no longer need an import licence after the government issued an order calling for an end to the licence requirement.The Ministry of Industry and Commerce has directed the departments of industry and commerce throughout ...

(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 ...