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Vietnam investments boost Laos’ socio-economic development

Vietnam and Laos are two neighboring countries that boast a long-standing traditional friendship. Over recent years, hundreds of Vietnamese companies have made investment in Laos, generating more jobs, raising income for local people and changing the face of remote and difficulty-stricken areas. 12 years ago, Bachiang was one of the most poverty-ridden districts of Champasak […]

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Laos: Vientiane seeks investors to build expressway

Vientiane authorities are seeking entrepreneurs to invest in and build the planned 15-km expressway linking the city to its north-eastern outskirts in Xaythany district. The authorities have issued an announcement inviting interested local and foreign investors to competitively bid for the development of the project. The 54-metre-wide road will be built parallel to Kaysone Phomvihane […]

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Major eyeing CLMV to help drive revenue

SET-listed Major Cineplex Group Plc, operator of the country’s largest cinema chain, is set to expand into Myanmar next year to help boost revenue. After the successful expansion in Laos and Cambodia this year, Major Cineplex is planning to expand its cinemas to Myanmar next year, according to chairman Vicha Poolvaraluck. The company’s cinema expansion […]

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Laos, Vietnam vow to increase bilateral trade

Laos and Vietnam have agreed to work together to increase the volume of trade between the two neighbours, a senior government official has said. The agreement was reached at a meeting held in Vientiane last week between Laos’ Ministry of Industry and Commerce and Vietnam’s Ministry of Industry and Trade. The two sides agreed to […]

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Laos-China Railway Confirmed to Be Completed by End of 2021

(KPL) Mr Chen Jiandong, an inspector of International Cooperation Department, China Railway, confirmed last week that the construction of the Laos-China railway will be completed by the end of 2021. Conducting construction activities in northern Laos is more challenging for contractors because there are many mountains and many tunnels need to be drilled in mountainous […]

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