News

Mercure Hotel chain has announced the closure of its Vientiane property from March 1, 2019. The Mercure is set to continue trading until February 28 shutting its doors for the final time March 1, the letter signed by general manager Christopher Yeo and dated December 26, 2018, announced. More recently ...

VIENTIANE (Vientiane Times/ANN) – The government expects domestic and foreign private investment to climb to 23,086 billion kip in 2019, accounting for 52.06 percent of total investment or 13.95 percent of GDP.More ...

Laos’ capital’s convenience store chain M Point Mart is set for an overhaul as Vientiane’s Phontan store staff confirm joint venture set see the city’s ubiquitous late night shopping outlets rebranded as Mini Big C with 24 hour shopping hours expected.Setting up in Vientiane’s old town before ...

Lao-Jagro Development XiengKhuang Co., Ltd. on Thursday signed an agreement with the government to expand investments in pasture planting, cattle farming, slaughterhouses and milk production. Under the agreement with the Ministry of Planning and Investment, land concessions totaling 3,552 hectares will be granted to the company ...

Representatives from Laos and Japan yesterday discussed several key issues to improve the investment environment in the country.Aims of the 12th meeting of the Laos-Japan Public and Private Sectors Joint Dialogues in Vientiane included seeking solutions to problems faced by Japanese business people and investors ...

(KPL) The bilateral trade between the Republic of Korea and Laos for 2017 reached US$120 million, according to the Korea Trade-Investment Promotion Agency (KOTRA).More ...

Development and investment opportunities in Laos and the region along with the nation’s exciting potential have been showcased at the Boao Forum held in Vientiane from September 28-29.More ...

Jakarta,  (ANTARA News) – The Indonesian Embassy in Vientiane held an investment forum to encourage Indonesian businessmen to invest in Laos, according to a statement from the embassy received by Antara here Tuesday.More ...

VIENTIANE — The Lao Government and Việt Phương Group (VPG) from Việt Nam on Tuesday signed a contract for exploiting and processing bauxite ore and building an alumina factory in Laos’ Sekong province. With total investment of about US$650 million, this will be Việt Nam’s biggest ...

(KPL) IFC, a member of the World Bank Group, is accelerating its support to the Lao government in improving the climate for investment and doing business in the country. A more predictable and transparent business environment will help attract more foreign direct investment (FDI), generate ...