Vientiane authorities are cracking down on the arbitrary use of pavements for parking and vendors selling goods, and dismantling shops and advertising signs that are unsightly or impeding passage along 21 main roads in the capital.Read more
The value of Chinese investment in the energy and mines sector has reached US$10 billion, according to a leading official.
The Chinese government is providing US$5 billion to the Lao government and another US$5 billion to support companies from China investing in Laos, Minister of Energy and Mines Dr Khammany Inthirath reported.
VEON Ltd. , a leading global provider of connectivity and internet services headquartered in Amsterdam and serving more than 235 million customers, today announces that its wholly owned subsidiary, VimpelCom Holding Laos B.V., has entered into an agreement to sell its 78% stake in VimpelCom Lao Co. Ltd (VimpelCom Lao) to the Government of the Lao People’s Democratic Republic (Government of the Lao PDR) for gross proceeds of USD 22 million.Read more
Source: RFA The Lao government wants its national airline to resume flights to a small airport in the country’s southeasternRead more
An ambitious $6 billion high-speed railway project in Laos that would link China with the Laotian capital of Vientiane on the Thai border is meant to be a symbol of cooperation under Chinese President Xi Jinping’s flagship Belt and Road Initiative. But with Beijing calling the shots and leaving out locals, it has instead become another example of the pitfalls faced by small Southeast Asian countries in relying economically on their much larger neighbor.Read more
Source: Vientiane Times US Secretary of Commerce Wilbur Ross says Laos presents a significant opportunity for US companies in theRead more