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Laos: Govt tax breaks aim to spur investment in Xaysomboun

The government has introduced a tax break policy to attract more private investment in Xaysomboun to enable the province to catch up economically with other areas of Laos. The 12-page Decree on Economic Development Policy in Xaysomboun, signed by Prime Minister Thongloun Sisoulith, is being circulated among the sectors concerned. Deputy Minister of Information, Culture […]

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Sixth India-CLMV business conclave held virtually to build bridges

The Confederation of Indian Industry (CII), in partnership with the Ministry of Commerce and Industry, Government of India, held the sixth India-CLMV business conclave: Building Bridges for Constructive Development virtually with Cambodia, Lao PDR, Myanmar and Vietnam (CLMV). The two-day event earlier this month created a platform to strengthen India’s cooperation with the CLMV countries. […]

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Laos to host regional summits via video conference

VIENTIANE, Dec. 8 (Xinhua) — Lao Prime Minister Thongloun Sisoulith will chair the Cambodia-Laos-Vietnam (CLV) and Cambodia-Laos-Myanmar-Vietnam (CLMV) Summits via video conference on Wednesday, according to a Lao Foreign Ministry statement. Lao Prime Minister Thongloun and his delegation will also join leaders at the Ninth Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit the same day. […]

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Vietnam and Laos Resume Commercial Flights

Vietnam and Laos have resumed commercial flights after months of suspension due to the Covid-19 pandemic. The first commercial flight between Hanoi and Vientiane was operated by Vietnam Airlines  on the occasion of Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh’s visit to Laos from 29-30 November, according to Hanoi Times. Mr. Minh visited […]

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Laos eyes more sales of electricity to Cambodia

Champassak province: Laos may sell more electricity to Cambodia in order to power development needs in the border area. An official at the Hat substation in Khong district, Mr Bounleud Keophasouk, told reporters on Tuesday when Deputy Minister of Energy and Mines Dr Sinava Souphanouvong visited the station that since last year 260MW had been […]

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