News

VIENTIANE (Vientiane Times/ANN) – Legitimate private sector interests have called on the government body responsible for creating a business-friendly environment to tackle illicit trade, informal businesses, and firms operating without licences.Members of the business community representing numerous companies and entrepreneurs made the call at a ...

VIENTIANE (Vientiane Times/ANN) – Business leadership development is one of the priority programmes aimed at making business operations in Laos stronger, successful and sustainable in order to contribute to socio-economic development.Administrative officials from the government, enterprises and the private sector yesterday attended a seminar in ...

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce is encountering hurdles in stabilising the prices of goods in Laos as most are imports from Thailand, according to a ministerial report.The commerce ministry unveiled the report on the administration of goods prices and imported ...

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce is on a mission to address the number of foreign-owned businesses which have opened their doors without the proper operating permit.The commerce minister, Mrs Khemmani Pholsena signed a ministerial advice on June 12, ordering provincial and ...

VIENTIANE (Vientiane Times/ANN) – The private sector in Laos is optimistic that trade and investment will be made easier by the public sector following the application of international evaluation standards.These standards will be applied in assessing the effectiveness of services provided by the public sector ...

With a growing population and rapidly developing and urbanizing socio-economy requiring investment in human resources and infrastructure, the calls on public finances in Laos are larger than ever.These needs are spread across all the sectors you’d find in most countries, along with some particular challenges like unexploded ordnance (UXO).More. ...

(KPL) Tax Department of the Ministry of Finance and Japan held the 5th seminar on Value-Added Tax (VAT) on 7 Jan to promote discussion on VAT among tax officers.The seminar was held for officials to deepen understandings about tax administration for effective implementation particularly focusing on ...

Prime Minister Thongloun Sisoulith has told the National Assembly (NA) that his government will do more to improve the business environment after Laos’ global ease-of-doing-business ranking fell 13 places.More ...

(KPL) The government has expected that the growth in the agricultural, industry and service sectors will below set targets, according to Deputy Prime Minister and Minister of Finance Somdy Douangdy.The production in the agricultural and forestry sector is expected to be 2.5%, lower than the ...

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 ...