News

LUANG NAMTHA, Laos (Vientiane Times/ANN) – Just 10 years ago, the border town of Boten in Luang Namtha province was a bustling town of neon lights, cashed up tourists and thriving businesses that centered on a casino and gambling dens that drew thousands of Chinese ...

VIENTIANE (Vientiane Times/ANN) – The European Chamber of Commerce and Industry in Laos (ECCIL) has launched a 2019 White Paper that provides detailed information on the Lao economy which it hopes will attract more EU investment in the country.Speaking at a press conference last Wednesday, ...

VIENTIANE (Vientiane Times/ANN) – The government is cooperating with its development partners and stakeholders to promote higher quality investments in the country through developing and improving its assessment mechanisms and strategies.This plan was discussed at a forum co-organised by the Ministry of Planning and Investment, ...

VIENTIANE (Vientiane Times/ANN) – A Chinese company, Yunnan Haicheng Industrial Group Co., Ltd., is investigating the possibility of agricultural investment in Phongsaly province after already operating ventures in Bokeo, Luang Namtha, and Oudomxay provinces.Under the arrangements made with Phongsaly provincial authorities, the company will spend ...

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI) and the All-China Federation of Industry and Commerce (ACFIC) have inked a cooperation agreement that formalises the close working relationship between the two organisations into the future.Under the framework of the Belt ...

VIENTIANE (Vientiane Times/ANN) – The government cabinet has pledged to continue efforts to streamline procedures to better facilitate business operations.The commitment was made as the cabinet concluded its monthly meeting for May which ended yesterday, according to a press statement from the Prime Minister’s Office.The ...

VIENTIANE (Vientiane Times/ANN) – The Investment Reform Map (IRM) is an important mechanism for the development of investment policies to attract foreign direct investment (FDI) and can assist countries that want to develop and attract investment.Speaking last week at the opening ceremony of a consultation ...

VIENTIANE (Vientiane Times/ANN) – The Thai companies PTT (Lao) Co., Ltd. and Zixgar Group Ltd. are looking at food business opportunities in Laos with a focus on travellers and office workers as their main customers.This sector is particularly appealing after the explosion in the number ...

VIENTIANE (Vientiane Times/ANN) – More investment in electricity infrastructure and expanding the transmission network will help tackle the problem of power cuts for Lao consumers, according to an energy official.Consumers often complain about insufficient electricity and the instability of supply during both the dry and ...

VIENTIANE (Vientiane Times/ANN) – Vietnam has invested US$4.1 billion in 409 projects in Laos, with the largest investments being in the public works and transport, energy and mines, and agriculture sectors.Minister of Planning and Investment Dr Soukphanh Keomixay said Vietnam ranks third among all foreign ...