The Vientiane Times

A newly-amended Investment Promotion Law has moved to cut by half the maximum investment period for new concession projects to 50 years, down from previous maximum period of 99 years. The move is aimed at maximising investment benefits for the Lao economy, an official from ...

Construction of a new road connecting Xamtay district in Huaphan province to Thua Thien Hue province, Vietnam will not be finished according to plans, say officials of the project. Head of the District’s Public Works and Transport Office, Mr Soukaseum Sonesavat, telephone interviewed by Vientiane ...

ASEAN is working to enhance cooperation between ASEAN member states in the area of cultural heritage protection, following new guidance from the bloc’s leaders. Deputy Secretary General of ASEAN for the ASEAN Social-Cultural Community, Mr Vongthep Arthakaivalvatee, told the media about the progress made on the ...

A newly-amended Investment Promotion Law has recently been promulgated, offering a variety of incentives to attract investment in both promoted sectors and hardship areas. Businesses investing and operating in hardship communities (known as Area I), where infrastructure has not yet been developed, will enjoy favourable ...

Two people were killed instantly and nine others sustained injuries after two buses collided head-on in Laksao village, Thataeng district, Xekong province on Sunday. Deputy Chief of the Xekong Traffic Police Office, First Lieutenant Sonevixay Keo-ounvong, told Vientiane Times on Monday the accident happened at ...

A newly-amended Investment Promotion Law has recently been promulgated, offering a variety of incentives to attract investment in both promoted sectors and hardship areas. Businesses investing and operating in hardship communities (known as Area I),where infrastructure has not yet been developed, will enjoy favourable profit ...

China overtook Vietnam to reclaim the number one position as the largest foreign investor in Laos last year, according to an annual report from the Ministry of Planning and Investment. China’s investment last year soared to over US$1 billion compared to US$88.9 million in 2015 ...

Lao Airlines will schedule an additional two flights daily on the Vientiane-Luang Prabang route for the five day Lao New Year holiday, a Lao Airlines marketing official said. This year, we plan to add two more flights for Vientiane-Luang Prabang, increasing the number of flights ...

Tourism injected more than US$724 million or 5.9 billion kip into the national budget during 2016, the latest data show. However, the revenue generated by tourism in 2016 dropped slightly from the more than US$725 million generated by the sector in 2015, according to data ...

Over 200 families in seven villages of Pakbaeng district in Oudomxay province are set to move to higher ground and new sites to make way for construction of the Pakbaeng hydropower project. The dam will be the third to be built on the Mekong River. It ...