News

International hotel and resort chain Hilton has announced its plan to open the company’s first hotel chain in the Lao capital Vientiane, marking the latest move by several global hotel brands that are flocking to the landlocked country hoping to benefit from its rapidly growing tourism sector.Hilton ...

VIENTIANE (Vientiane Times/ANN) – A Lao delegation joined the Hunan International Cultural Tourism Festival 2019 last weekend to promote cooperation between the two nations in tourism, trade and investment.Deputy Minister of Information, Culture and Tourism, Mr Savankhone Razmountry led the delegation and was joined by ...

VIENTIANE (Vientiane Times/ANN) – The State Enterprise for Agricultural Service (SAS) of Laos has inked an agreement with China’s Guangzhou Zhongheyuan Agriculture Development Co., Ltd. (GZAD) and UAB Global Ltd (UAB) of Hong Kong for cooperation in investments in the agricultural industry and market development.The ...

VIENTIANE (Vientiane Times/ANN) – Business operators in California, USA, have encouraged Lao businesspeople and the authorities to benefit from the state’s potential for investment thanks to its geography and suggest that business matching could benefit both sides.In 2018 the value of two-way trade between Laos ...

VIENTIANE (Vientiane Times/ANN) – Regional demand for crops and livestock remains high but Laos is unable to capitalise on its potential to satisfy the regional market need, according to a senior official.Deputy Minister of Agriculture and Forestry Dr Bounkhuang Khambounheuang recently stressed the need for ...

Laos has launched a new electric vehicle project, joining its neighbors in Southeast Asia where the growth of the EV market is set to boom.Electricite du Laos (EDL) and Vientiane-based EV Lao Company have teamed up for the project, which is designed to compare operating costs between ...

Laos has won over foreign investors in the latest arbitration of an international court case involving the casino industry.The International Centre for the Settlement of Investment Disputes (ICSID) tribunal has dismissed a case lodged by Dutch firm Lao Holdings NV (LHNV) against the Lao government ...

VIENTIANE (Vientiane Times/ANN) – Budding Lao entrepreneurs have invited their counterparts from Cambodia to make more investment and to do business in Laos in order to boost cooperation in trade and entrepreneurial undertakings between the two sides.This cooperation will help young Lao and Cambodian entrepreneurs ...

Edible insects first sparked international attention in 2013 when the Food and Agriculture Organization (FAO) published a reportreferring to them as one way to solve the global food shortage.At that time, FAO noted that insects as food and feed emerge as an especially relevant issue in ...

Washington D.C/VIENTIANE (Vientiane Times/ANN) – A senior official from the US-Asean Business Council of the United States has advised Lao companies to partner with other Asean companies in order to attract more global investors.The council’s Senior Vice President of Policy Affairs, Mr Marc Mealy, said ...