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Laos: Govt merges two special trading areas

Businesses operating in a border trade area at a Lao-Vietnamese border crossing in Savannakhet province will soon be offered special tax and non-tax incentives as in special economic zones. “Enterprises operating in the Ban Dansavan border trade area will receive the same tax and non-tax incentives as in the Savan-Seno Special Economic Zone,” Mr Champa […]

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Laos not fully benefitting from integration

VIENTIANE (Xinhua) – Laos has not fully benefited from the recent regional economic integration as its share of trade with Asean nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank. The nation’s share of trade with other Asean members declined from 74 percent in 2004-2010 to 63 percent […]

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Vietnamese-funded projects contribute to Laos’ socio-economic growth

Vientiane (VNA) – Vietnamese-funded projects have contributed to Laos’ socio-economic development and human resources improvement in particular, Lao Deputy Minister of Education and Sports Boualien Silipanya has affirmed. The Deputy Minister made the confirmation at a ceremony in Vientiane on December 18 to hand over four works using the Vietnamese Government’s non-refundable aid to the Lao […]

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Laos achieves rice export target to China

THE VIENTIANE TIMES/ANN: Laos has achieved its target for exporting rice to China this month after the IDP Rice Mill of Laos signed a trading agreement with China National Cereals, Oils and Foodstuffs Corporation (Cofco) in November. Last year, the Chinese government agreed to purchase 20,000 tonnes of rice from Laos through Xuanye (Lao) Co […]

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Six Mekong countries agree to deepen cooperation

Luang Prabang: The foreign ministers of the six Mekong countries met here yesterday to deepen cooperation and discuss the latest developments and implementation of previous meeting outcomes at the 4th Mekong-Lancang Cooperation (MLC) Foreign Ministers’ Meeting. The meeting was co-chaired by the Lao and Chinese foreign ministers. Participants exchanged views on future activities under Mekong-Lancang Cooperation, […]

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