News

VIENTIANE (Vientiane Times/ANN) — The Korea Electric Power Corporation (KEPCO) hopes to expand its power equipment business as well as explore other avenues of cooperation with Laos’ energy sector.A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricité du Laos (EDL), and ...

VIENTIANE (Vientiane Times/ANN) – The development of Laos’ power transmission grid will receive a strong boost from private investment after the Ministry of Energy and Mines and the International Finance Corporation (IFC) signed a cooperation agreement.The agreement was signed yesterday by Deputy Minister of Energy ...

VIENTIANE (Vientiane Times/ANN) – Kong district in the southern province of Champassak looks set to become a new model in the implementation of one-stop services and the improvement of business registration, which provinces nationwide should learn from.District authorities have established a one-stop service in each ...

(KPL) A group of Chinese investors have invested at least 10 billion yuan to speed up developing the infrastructure of the Boten Specific Economic Zone (SEZ) in Luang Namtha Province, northern Laos.“Boten Specific Economic Zone is adjacent to border town of Mohan in China’s Yunnan ...

VIENTIANE (Vientiane Times/ANN) – The Japanese government has approved a new Japanese International Cooperation Agency (JICA) project through the Laos-Japan Human Resource Development Institute (LJI) to support development of the private sector and Japanese investments in Laos.The new project for Capacity Development of Business Professionals ...

The government should promote investment which helps to create jobs and income for local people, according to the Lao National Economic Research Institute.The institute, which serves as an economic policy thinktank, made the recommendation to the government in its latest economic update, which was unveiled ...

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 ...