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Russia, Laos discuss trade and economic cooperation

Senior officials of the Russian and Lao government recently discussed trade and economic cooperation during a recent online meeting.

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- Govt to improve business regulations to boost trade and investment
The government has told the relevant line agencies to implement the PM’s Orders 02 and 03 to improve the “One Stop Service” and to control the business list for the development of trade and investment in Laos..... More >>>
- Lao MSMEs accessing information for Covid-19 recovery
Some 16,000 owners of micro, small and medium-sized enterprises (MSMEs) accessed reliable information, advice and tools related to .... More >>>
- Japan gives further boost to Lao business operators
A project to boost the capacity of business professionals and networking through the Laos-Japan Human Resource Development Institute (LJI) at the National University of Laos will continue to expand cooperation be-tween business operators as well as investment between Laos and Ja-pan. .... More >>>

- Lao products go on display to mark International MSME Day
Products made by small and medium enterprises in Laos went on display from July 22-24 at the Vientiane Centre to mark International MSME Day and give business operators the opportunity to discuss their experiences. ... More >>>
- Finance fair opens up funding opportunities for Lao MSMEs
The MSME Finance Fair 2022, which took place at the Lao National Chamber of Commerce and Industry (LNCCI) in Vientiane on Friday, aimed to provide micro, small and medium-sized enterprises (MSMEs) with access to more sources of capital..... More >>>
- LNCCI to promote MSMEs in agricultural sector
The Lao National Chamber of Commerce and Industry (LNCCI) is focusing on ways to promote effective investments in sustainable practices in the agricultural sector in Laos, especially for micro, small and medium-sized enterprises (MSMEs)..... More >>>
- LHA boosting Lao sashes amongst top products in woven handicrafts 
The Lao Handicraft Association (LHA) is keen to promote the preservation and use of handicraft products, especially unique locally made apparel, so that people acknowledge the value of these items. .... More >>>
- Lao, Thai business sectors to boost cooperation  in trade, investment, tourism
The business sectors of Oudomxay, Luang Prabang and Xayaboury provinces in northern Laos have inked technical cooperation agreements with their counterparts in Thailand’s Nan province as part of the efforts  to boost economic integration..... More >>>
- Leading Chinese vocational school launches classes in Laos
Shenzhen Polytechnic, a world-class vocational college, and the National University of Laos ran a seminar starting on July 11 titled “The Development of Network Security, Smart City and Internet of Things Technology”..... More >>>
- Lao delegation visits Nan province of Thailand to boost economic cooperation
The private sector of Laos aims to enhance business integration with the Thai business sector, especially in Nan province of Thailand, to explore new opportunities for boosting the growth of trade and industry..... More >>>
- S. Korean firm gives boost to agricultural land management
Laos has the opportunity to improve agricultural land management through the use of spatial information technology and other .... More >>>
- Trade fair to boost post-Covid-19 economic recovery
The fifth Lao Home and Living Fair, being held at Lao-ITECC during July 9-17, is aimed at showcasing Lao-made furniture and building interest .... More >>>
- Cassava a top earner among agricultural products
Laos earned almost US$250 million by exporting cassava during the first six months of the year, making the commodity a top earner among agricultural products. ... More >>>
- Laos, South Korea to begin feasibility study on hydropower production
Laos may be able to produce green hydrogen power through water electrolysis equipment with excess electricity from hydropower plants in the country..... More >>>
- Thai herbal supplement breaks into Lao market
A herbal supplement producer, Pow Miracle Co., Ltd. from Thailand, is looking to expand their market in Laos through a partnership with the Lao advertising agency Bigblue..... More >>>
- Laos registers surplus of US$400 mn in trade with Vietnam
Laos recorded a surplus of more than US$400 million in its two-way trade with Vietnam during the first six months of this year, excluding the figure for electricity trade..... More >>>
- Laos earns over US$40 mn from coffee export in first half of 2022
Laos exported 14.559,89 tonnes of different varieties coffee worth more than US$41.02 million in the first six months of 2022.  .... More >>>
- Laos records trade deficit of US$133 million in June
Laos’ two-way trade in June was worth US$1,000 million, with US$456 million contributed by exports while imports were valued at US$589, leaving a trade deficit of .... More >>>
- Laos-Vietnam trade fair helps boost trade and investment opportunities
A Laos-Vietnam trade fair, held in Xekong province during June 29 to July 3, was aimed at promoting trade and investment cooperation between four central provinces of Vietnam and four southern provinces of Laos. .... More >>>
- Lao, Korean companies ink deal on cable car project
H&B Development Co., Ltd. from the Republic of Korea and Laos’ Multiplex Co., Ltd. on Saturday signed a Memorandum of Understanding (MOU) on the establishment of a joint business venture named STO LAO..... More >>>

- Commerce officials discuss fuel prices amid global price hike
Officials of the Domestic Trade Department under the Ministry of Industry and Commerce held consultations with stakeholders involved in the import, supply and distribution of fuel across Laos as part of efforts to manage the retail prices of fuel..... More >>>
- Job fair provides work opportunities to students
A job fair has been organised in Vientiane by Chinese firms that plan to hire at least 1,000 Lao nationals for a range of positions in different companies... More >>>
- Ministry promotes access to funds for MSMEs in tourism sector
The Ministry of Industry and Commerce has introduced a handbook on ways that micro, small and medium enterprises (MSMEs) in the tourism sector can access finances to ramp up their operations. .... More >>>
- Southern coffee cooperatives face export shortfall
The board of management of the Bolaven Plateau Coffee Producers Cooperative (CPC) said that this year the export of coffee beans to trading partners in European countries has fallen to 30 percent compared to the last season..... More >>>
- Laos, Korea seek business cooperation
The Laos-Korea Friendship Association and the Korea Venture Business Association (Kova) held a meeting in Vientiane last week to seek ways to boost cooperation, especially in the trade, investment and tourism sectors..... More >>>
- DPM instructs new commerce minister to resolve fuel crisis
Deputy Prime Minister Prof. Dr Kikeo Khaykhamphithoune has advised the new Minister of Industry and Commerce, Mr Malaythong Kommasith, to urgently resolve the fuel crisis and regulate the price of goods, amid a developing economic crisis..... More >>>
- Commerce ministry vows to bring prices under control
The Ministry of Industry and Commerce has assured the public that steps are being taken to prevent the overpricing of goods on sale in markets and to closely monitor currency exchange rates on a daily basis..... More >>>
- Govt to close loss-making state enterprises, overhaul those with potential
The government will close the operations of state enterprises that have proved to be ineffective and unproductive, but will restructure those that have the potential to make a profit..... More >>>
- Businesses discusses in-company trainer training
Experts who have undergone courses to train others in their companies met this week to discuss issues such as training concepts, .... More >>>
- Laos earns US$112 mn from exports by SEZs
Laos earned US$112.14 million from products exported by Special Economic Zones (SEZs), or about 25 percent of the annual target for the first six months of the year. .... More >>>
- Laos to benefit from trade solutions at WTO Ministerial Conference 
Laos will be able to trade more easily within the region and with partners around the world amid financial and global crises, thanks to decisions made at the World Trade Organisation’s 12th Ministerial Conference in Geneva, Switzerland. .... More >>>
- Members of microfinance institutions learn about ‘Green Finance’ 
Representatives of financial institutions and development partners of the Lao Access to Finance Fund (LAFF) of the Bank of the Lao PDR (BOL) were provided insights at a seminar on green finance or sustainable funding. .... More >>>
- Govt says 600 petrol stations to provide regular services
At least 600 petrol stations nationwide will be open every day to supply fuel and help overcome the current shortage. This welcome news was announced by the Deputy Minister of Industry and Commerce, Ms Chansouk Sengphachan, at a news conference held in Vientiane on Monday. .... More >>>
- Lao Airlines resumes flights on Luang Prabang-Bangkok route
Lao Airlines has resumed flights from Luang Prabang International Airport to the Thai capital of Bangkok for the first time since operations on international routes were suspended due to the Covid-19 pandemic..... More >>>
- Govt looks to electricity, mining to solve economic woes
The revenue earned from electricity exports and mineral excavation is a key factor in efforts to resolve the nation’s economic and financial woes. .... More >>>
- Govt to focus on promoting domestic production, MSMEs
A total of 185 micro, small and medium-sized enterprises (MSMEs) have been provided 274.01 billion kip by commercial banks out of funds allocated by the government to promote the sector. .... More >>>
- Laos to sell power to Singapore
Laos will soon begin selling electricity to Singapore under the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). .... More >>>
- Finance ministry issues notice to facilitate fuel imports
In line with a pledge made in the National Assembly (NA), the government has directed various authorities at international checkpoints to ensure fuel imports speedily reach petrol stations across the country. .... More >>>
- Govt green light for investments in EVs to reduce expenditure
The government will allow investments by domestic and foreign entrepreneurs in the development of electric vehicles (EVs) in Laos to .... More >>>
- NA members demand solutions to fuel shortage, inflation, exchange rates
National Assembly (NA) members have asked the relevant government agencies to tackle rising inflation, currency exchange rates, and the shortage of fuel in order to sustain GDP growth and fulfil the socio-economic development plan. .... More >>>
- Luang Prabang grants 30-year land concession for tapioca factory
Residents of Houayla village of Nan district in Luang Prabang province are set to benefit by supplying cassava or getting jobs at a tapioca factory to be set up in the area. .. More >>>
- Govt to focus on boosting revenue collection
The government intends to achieve a revenue collection target of 31,593 billion kip to comply with figures approved by the National Assembly (NA), according to a report from the Ministry of Finance. .... More >>>
- Govt sets GDP 4.5 percent growth target 
The government has set the target for GDP growth at a minimum of 4.5 percent over the last six months of this year. This will require the value of growth to be 202,622 billion kip, with per capita GDP of 1,756 kip per year, and is an ambitious target given the spiralling inflation rate, unfavourable currency exchange rates, .. More >>>
- BOL announces sale of bills valued at 5 trillion kip
Bills worth 5 trillion kip issued by the Bank of the Lao PDR (BOL) will go on sale at nine assigned banks in Laos, according to an announcement posted on the bank’s website on June 13..... More >>>
- Addressing inflation among top priorities for central bank
The Bank of the Lao PDR (BOL) will take action to address spiralling inflation as one of its top priorities for the remaining six months of this year..... More >>>
- Senior Lao trade officials attend annual WTO meeting
A Lao delegation is attending the WTO’s 12th Ministerial Conference (MC12), which is being held in Geneva, Switzerland, during June 12-15, to join other nations in addressing challenges and global economic issues..... More >>>
- Govt eyes 4.4 percent GDP growth despite economic woes
The government will aim for Gross Domestic Product (GDP) growth of at least 4.4 percent over the last six months of this year, equal to 202,622 billion kip and in line with the target of 192,145 billion kip approved by the National Assembly. .... More >>>
- NA members hold brainstorming session for currency management law
Members of the National Assembly (NA) are participating in consultations on essential aspects of the Law on Currency Management ahead of the official approval of the legislation at the next NA session..... More >>>
- THPC hands over profit tax, dividend, royalty fees to government
Theun-Hinboun Power Company Limited (THPC) has paid its 2021 profit tax of US$18.68 million to the Tax Department, .... More >>>
- Bioenergy feasibility study aims to boost fuel supply in Laos
Laos plans to produce fuel to increase supply, reduce imports, and meet the needs of the domestic market. The Lao State Fuel Company (LSFC), a government-owned and controlled corporation created under Lao law, and Gaia Petro Co., Ltd. (GAIA), a corporation authorised under the laws of the Republic of Korea, have agreed to partner in a feasibility study on bioenergy, which in the short term could help to resolve the fuel crisis. .... More >>>
- Star Telecom and Lao Viet Bank sign MOU on feasibility study on business cooperation, technology solutions
Star Telecom Co., Ltd. (Unitel) and the Lao Viet Bank on Monday signed a Memorandum of Understanding (MOU) on a joint feasibility study on business cooperation and technology solutions. .... More >>>
- Laos strives for economic growth, environmental protection
Laos will strive for economic growth alongside environmental protection as part of the government’s efforts to fulfil the United Nations’ Sustainable Development Goals (SDGs) by 2030. ... More >>>
- Commerce ministry to promote use of proper accounts by MSMEs
Some micro, small and medium-sized enterprises (MSMEs) in Laos have been found to have no separate accounts for doing business, making it difficult for them to access government funds allocated to promote the sector. .... More >>>
- Coffee competition promotes quality of Lao brews
The high quality of the coffee grown in Laos has come under the spotlight through the 2022 Lao PDR Coffee Competition.... More >>>
- Laos launches “single window” customs system at second border crossing
The Lao National Single Window (LNSW) system has been put into operation at the Boten International Customs Checkpoint in Luang Namtha province and is the second to be installed after the first system was set up....... More >>>
- Home and Living Fair to showcase best of Lao furniture
The Lao Furniture Association will host the 5th Lao Home and Living Fair in Vientiane from June 9-17, to showcase Lao-made furniture and build interest among domestic and regional buyers..... More >>>
- Hoteliers ready to roll out mat for foreign tourists amid numerous challenges
Owners of hotels and restaurants across Laos, and especially in the nation capital of Vientiane, are preparing for the return of foreign tourists after their absence over the past three years..... More >>>
- Vangvieng awaits the return of more  tourists
The tourism sector in Vangvieng district of Vientiane province has come alive with the return of visitors to tourist sites, though most of them are domestic travellers who prefer to spend a day or two in the area on weekends. .... More >>>
- Govt vows to tackle foreign currency issues keep prices under control
The government is taking steps to resolve spiralling inflation, currency exchange rates and the price of consumer goods by putting strict control measures in place..... More >>>
- Ministry of Public Security, Star Telecom sign MOU on digital transformation and modernisation of census management
The Census Management and Grassroots Development Department of the Ministry of Public Security and Star Telecom Co., Ltd. (Unitel) on Friday signed a Memorandum of Understanding (MOU) on the digital transformation and modernisation of census management in the industrial revolution 4.0 in the Lao PDR..... More >>>
- Special economic zone authority to issue certificates of origin
The government plans to promote and facilitate investments in the national capital’s economic zone by streamlining the issuing of preferential certificates of origin in the azone..... More >>>
- LJI, JETRO partner to promote Lao-Japanese business relations
The Laos-Japan Human Resource Development Institute (LJI) and the Japan External Trade Organisation (JETRO) have agreed to cooperate in business promotion between Laos and Japan. .... More >>>
- LNCCI, ADB mull business development to spur recovery from pandemic
A national dialogue on business development to accelerate recovery from the Covid-19 pandemic through improvement of the business environment took place in .... More >>>
- Hike in fuel prices hurts taxi drivers, impacts daily income earners
The shortage of fuel in Vientiane has impacted taxi services, with drivers hoping retail prices will gradually decrease so that they can meet the needs of foreign tourists expected to visit the country in the coming months..... More >>>
- LFGA requires US$60m a month to resolve fuel crisis
The Lao Fuel and Gas Association (LFGA) has asked for at least 50 percent of its foreign currency requirements to be met, saying that about US$60 million a month is needed to enable importers to buy fuel and ship it into the country..... More >>>
- Laos records first month’s trade deficit in 2022
Laos recorded a trade deficit of US$102 million in April, the first trade deficit to be recorded this year after three successive months of a trade surplus..... More >>>
- BOL to tackle unauthorised exchange rates, public cooperation needed, says central bank leader
The Bank of the Lao PDR (BOL) will take immediate action against increasing exchange rates and other monetary-related issues by using existing measures to stabilise the value of the kip and to fix reasonable rates for foreign currencies. .... More >>>
- Govt, partners agree to promote economic diversification
The government, the private sector and development partners have agreed to promote economic diversification by reducing trade costs and improving regulatory practices for medium-term trade related priorities..... More >>>
- Foreign-backed firm keen to expand business in Vientiane
The Japanese optical glass maker, Hoya Corporation, is keen to expand its manufacturing facility in Laos following the successful operations of its local subsidiary at the Vientiane Saysettha Development Zone..... More >>>
- Champassak agri-businesses eye greater competitiveness
Businesses in Champassak province are hoping to increase their competitiveness, especially those operating in the agri-business sector.
This will be done through a project titled “Enhancing Competitiveness of Agri-Business Sector through Certificate of Good Manufacturing Practice (GMP) and Hazard Analysis and Critical Control Points (HACCP)”..... More >>>
- Star Telecom, Luang Prabang education sector to undertake digital transformation project
The Luang Prabang branch of Star Telecom Company (Unitel) and the provincial Education and Sports Department plan to carry out a digital transformation cooperation project to strengthen state administration and the management of education..... More >>>
- LSFC signs agreement with fuel maker for 10 mn litres of diesel
The Lao State Fuel Company (LSFC) will buy 10 million litres of diesel a month and other types of fuel from the Yodngeum Power Fuel Mix Factory Limited..... More >>>
- Train tickets available in advance at Luang Prabang ticket unit
Tickets for the Laos-China Railway can now be booked four to seven days prior to the departure date at the Luang Prabang ticket service unit. .... More >>>
- Fuel importers, retail dealers seek urgent solution to rising fuel prices
Importers, retail dealers and other businesses dealing in fuel have called on the government to urgent resolve problems faced by them, especially the different exchange rates at banks and shops, to tackle rising fuel prices. .... More >>>
- SEZA to attract new investors for real estate development
Laos will gradually attract new foreign investors to several special economic zones in Vientiane following the lifting of Covid-19 restrictions by the government, .... More >>>
- Govt seeks foreign currency to resolve fuel crisis
The government is actively seeking sources of foreign currency to provide fuel importers with the money they need and to improve currency exchange rates, in a bid to put an end to the fuel crisis. .... More >>>
- Commerce ministry unveils five-year plans for industry, handicraft sectors
The Ministry of Industry and Commerce’s Industry and Handicrafts Department has begun disseminating the five-year action plans for industrial processing and handicraft development for 2021-25 as part of the government’s policy to promote product development. .... More >>>
- Project achieves success in strengthening Lao securities market
A project to support triangular cooperation in the finance sector between Vietnam, Laos and Luxembourg is continuing to produce results for the development of the Lao securities market. The project’s steering committee held its second meeting in Vientiane last week to evaluate project performance in 2021 and outline the plan of work for 2022..... More >>>
- Commerce ministry gives boost to agribusiness
Better quality produce will soon be supplied domestically and to other countries under a project titled “Enhancing Competitiveness of Agri-Business Sector through Certificate of Good Manufacturing Practice (GMP) and Hazard Analysis and Critical Control Points (HACCP)”.
The project, which aims to strengthen competition, will be rolled out in the provinces of Luang Namtha, Saravan and Champassak..... More >>>
- NA passes resolution on fuel price stabilisation
The National Assembly has passed a resolution that will cut the excise tax charged on fuel, in a bid to avert a fuel crisis..... More >>>
- Meuang Feuang district attracts more domestic travellers
Meuang Feuang district in Vientiane province, a 2-hour drive from the national capital on the Vientiane-Vangvieng expressway, has become a popular destination for domestic travellers. .... More >>>
- Lao Skyway prepares IPO for stock exchange listing
Lao Skyway is preparing its Initial Public Offering (IPO) for listing on the Lao Securities Exchange (LSX) after the Lao Securities Commission Office(LSCO), the LSX and Lao Skyway agreed to cooperate to improve the airline’s business operations..... More >>>
- Plywood maker eyes exports to US, Canada and Europe
Burapha Agro-Forestry Co Ltd, a Lao-Swedish plantation and wood products company, earned more than US$1.6 million by exporting 122 containers of plywood last year. .... More >>>
- Phongsavanh Bank signs agreement to act as agent for government bonds 
The Phongsavanh Bank, the largest privately owned commercial bank in Laos, has become the latest agent for government bonds traded on the Lao Securities Exchange (LSX). ..... More >>>

- LNCCI unveils new standard operating procedures for reopening businesses
The Lao National Chamber of Commerce and Industry (LNCCI) has launched a handbook of standard operating procedures for reopening businesses amid the Covid-19 pandemic and boosting operations in a safe manner..... More >>>
- Laos, China launch low-carbon demonstration project at Vientiane Saysettha Development Zone 
The Lao Ministry of Natural Resources and Environment and the Ministry of Ecology and Environment of China have jointly launched a “Low-Carbon Demonstration Zone” at the Vientiane Saysettha Development Zone. .... More >>>
- Businesses seek sustainable operation in transport service
Businesses in the transport sector are being helped through the Sustour Laos project to enhance the sustainability of their operations in relation to the Lao tourism industry’s supply chain. ... More >>>
- Laos records trade surplus of US$100 mn in March
Laos registered record two-way trade of US$1,100 million, including exports of US$600 million and imports worth approximately US$500 million, in March, resulting in a trade surplus of US$100 million. .... More >>>
- Completely reopen Laos to boost the economy,  economist advises
The full lifting of Covid-19 restrictions is key to addressing the financial and economic difficulties that Laos currently faces. Fluctuations in currency exchange rates, the steady rise in the price of fuel and the continuing threat of Covid-19 are the main factors limiting growth and driving up the cost of food and the overall cost of living. .... More >>>
- Laos, China finalise technical plan for rural e-commerce project
Farmers in Laos will benefit from a China-aided Rural E-commerce Project, which is expected to facilitate the export of a wide range of agricultural goods to .... More >>>
- Sustour Laos promotes waste management in tourism industry
The tourism sector will promote sustainable operations with a focus on waste management in the tourism industry supply chain.. .... More >>>
- Industry and Commerce Ministry to strengthen agribusiness competitiveness
Agribusiness is set to become more competitive in the provinces of Luang Namtha, Saravan and Champassak so that more and better quality produce can be supplied domestically and to other countries. .... More >>>
- Laos enjoys further trade surplus in Q1
Laos recorded a trade surplus in the first three months of this year, despite the continuing depreciation of the kip and rising the cost of production and consumables. In January, the trade surplus was recorded at US$41 million, rising to US$48 million in February and US$78.3 million in March, according to the Ministry of Industry and Commerce. ... More >>>
- Laos, Brazil sign agreement for cooperation in agriculture, food security
Laos and Brazil have signed an agreement on technical cooperation in agriculture, livestock, health, education, poverty alleviation and food security to spur the socio-economic development of both countries. .... More >>>
- Laos Alliance Pharmaceutical donates molnupiravir to Lao hospital
The Laos Alliance Pharmaceutical Group has given 300 bottles of the Covid-19 medicine molnupiravir to the government, for use in the treatment of people infected with the virus..... More >>>
- Laos, Vietnam eye trade increase of 10-15 percent this year
Trade between Laos and Vietnam is expected to grow this year even as the two countries continue to battle the Covid-19 pandemic, inflation, and the spiralling price of fuel.
The two governments have set a target to increase the value of year-on-year two-way trade by 10-15 percent this year after the value of trade reached US$1.34 billion in 2021, an increase of 30.2 percent on the previous year..... More >>>
- Govt may charge same import duty on all types of fuel
The government is considering charging the same import duty for all types of fuel if petrol stations are forced to increase fuel prices one more time, in order to stabilise the price and protect consumers. At present the government charges import duty of 20 percent on premium grade petrol, 15 percent on regular grade, and 5 percent on diesel, according to the Ministry of Industry and Commerce.
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- Govt to enhance business facilitation in industrial processing sector
Laos expects more industrial processing units to be established in the years to come, a development that will contribute to socio-economic advances and tackling economic and financial difficulties..... More >>>
- Lao, Thai trade officials seeking economic cooperation ties
Laos and Thailand intend to increase two-way trade to US$11,000 million by 2025 by promoting bilateral economic cooperation at all levels. .... More >>>
- DPM advises MOIC to focus on 6 priorities
The Ministry of Industry and Commerce (MOIC) should focus on six priorities to address the country’s economic and finance difficulties and to facilitate the government’s socio-economic development initiatives. This was the advice given by the Deputy Prime Minister, Dr Sonexay Siphandone, while addressing an annual meeting of the industry and commerce sector. .... More >>>
- LHSE eyes US$65 million in revenue from electricity
The Lao Holding State Enterprise (LHSE) expects its earnings this year to rise to US$65 million, an increase of 53.23 percent compared to last year.
This figure was reported by LHSE’s General Manager, Mr Manasinh Vongxay, during the enterprise’s annual meeting in Vientiane last week, chaired by Minister of Energy and Mines, Dr Daovong Phonekeo..... More >>>
- Values of industrial processed goods and handicrafts to touch 13,007 billion kip
The Ministry of Industry and Commerce expects the value of industrial processed goods and handicrafts to touch 13,007 billion kip in 2022, following last year’s figure of more than 11,000 billion kip..... More >>>
- Ministry tells Lao Furniture Association to promote wood products
The Minister of Agriculture and Forestry has asked the Lao Furniture Association (LFA) to turn out more handmade wooden items and improve the quality of furniture, in order to boost sales both domestically and internationally..... More >>>
- Businesses identify unresolved issues in tourism sector 
Businesses in the tourism sector have held consultations with relevant government departments to address several unresolved issues related to the their operations..... More >>>
- SEZ developers to suspend more companies following their lack of progress
The operators of special and specific economic zones in Vientiane are considering revoking the registration of 16 companies after already removing 15 from the list of registered businesses because they failed to comply with the terms of agreements.  .... More >>>
- Inflation in Laos higher than GDP growth
Inflation in Laos has surged higher than the projected rate for the Gross Domestic Product (GDP), sparking fears among many people regarding the impact on their living standards.
.... More >>>
- Govt to slash fuel prices though rates on world market remain high 
The government has decided to lower the prices of all types of fuel in order to address financial difficulties faced by the people, who have been complaining about the rising household expenses..... More >>>
- Govt to tap young entrepreneurs for economic development
The contribution of all private sectors to socio-economic development will bolster the government’s efforts to successfully implement its development plans in the years to come.
This was a key message from the Deputy Prime Minister, Dr Sonexay Siphandone, while presiding over the annual meeting of the Young Entrepreneurs Association of Laos (YEAL) last Friday..... More >>>
- Laos, Vietnam promote investment
Laos and Vietnam are working to spur further investment by domestic and foreign investors in their countries.
A meeting to discuss the matter took place on Monday between Laos’ Minister of Planning and Investment Mr Khamjane Vongphosy and Vietnam’s Minister of Planning and Investment, Mr Nguyen Chi Dung who also be President of the Lao-Vietnam Cooperation Committee..... More >>>
- NA president visits Saysettha Development Zone to promote investment 
The Saysettha Development Zone (SDZ) - a special economic zone located in Vientiane - is attracting more domestic and foreign investors and creating job opportunities for local people, which spurs socio-economic development and earns revenue for the government’s budget..... More >>>
- LNCCI signs MOU on cooperation with securities companies
The Lao National Chamber of Commerce and Industry (LNCCI) will strengthen technical cooperation with the country’s leading securities companies to disseminate information on securities and knowledge of the capital market..... More >>>
- Young entrepreneurs awarded prizes for outstanding performance
The Young Entrepreneurs Association of Laos (YEAL) has recognised 126 companies from across the country for their outstanding performance and contributions to social development in recent years..... More >>>
- Lao, Thai business matching to boost bilateral trade links
  Laos and Thailand are promoting bilateral cooperation in trade at every level and ensuring that businesspeople are regularly connected at a time when the borders of the two countries remain closed. As part of efforts by the two sides to promote trade links, a Laos-Thailand business matching event was held in Vientiane last Friday to promote contacts between Lao and Thai businesspeople..... More >>>
- Champassak business forum to support provincial SMEs
The business sector in Champassak province is expected to benefit from steps taken by the Champassak Chamber of Commerce and Industry (CCCI) and its development partners to improve the business environment..... More >>>
- Lao Employment Expo brings opportunities for job seekers
The Lao National Chamber of Commerce and Industry (LNCCI) is bringing together job seekers and employers at a five-day employment expo being held at the Vientiane Center during March 16-20. .... More >>>
- Lao entrepreneur hopes to enter into timber trade agreement with EU
A wood processing plant in Luang Prabang province operated by TNK Wood Processing Furniture Product Company Limited hopes to enter into a .... More >>>

- LITFA to strengthen contributions for socio-economic development
The Lao International Truckers and Forwarders Association (LITFA) plans to improve the transportation and logistics systems in Laos by enhancing cooperation between the public sector and members of the association. Following the rapid development of logistics systems in the region, Laos is now prioritising the improvement of regulations, infrastructure and other fundamentals to derive maximum benefits from land transportation. .... More >>>
- Celebrity manager enters transportation business
  A celebrity manager, Mr Bank Praksathong, recently entered the transportation business after other Lao celebrities have had success in operating online businesses.
Mr Bank told Vientiane Times that online businesses have had considerable success amid the Covid-19 pandemic, and Lao celebrities, singers and entertainers have turned to such ventures as they are unable to organise or participate in events due to restrictions put in place by the Ministry of Health to prevent the spread of the Coronavirus. .... More >>>
- Fuel price hike impacts flights, regular transport services unchanged
Fares for public transport services have increased due to the frequent hikes in prices of all types of fuel, and Lao Airlines has made some adjustments to its flight schedule to cut costs..... More >>>
- Laos, UN focus on joint financing strategy for development
Laos and its development partners have stepped up collaboration to ensure the efficiency of funding for development programmes related to the 9th National Socio-Economic Development Plan (NSEDP)..... More >>>
- Govt grants concession for 60,000 ha for tree plantations
The government has granted concessions for 60,000 hectares in Vientiane and Xayaboury provinces for setting up tree plantations for industrial processing within national productive forests that are in unfertile areas..... More >>>

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