Three central Laos provinces, Savannakhet, Khammouane, and Bolikhamxay, sought investment in many sectors at a conference held in HCM City on Wednesday.
Commercial fruit production capacity in Vientiane province for domestic markets and export is set to get a welcome boost with a Chinese trading company investing US$1 million in an orchard in Hinheup district.
AirAsia has been declared the World’s Best Low-Cost Airline for the ninth year in a row.
Vientiane province’s industry and services sectors are still the main drivers of revenue at 86.8 billion kip or 53.24 percent of its annual plan for the first six months of this year.
The sole distributor for Bridgestone tyres in Laos since 1996, KP Company recently celebrated the 20th anniversary with customers, distributors and staff at the launch of the new Bridgestone ECOPIA300 tyre range.
The Panyathip Advertising Co., Ltd of Laos and the Plan B Media Co., Ltd of Thailand will invest US$2.8 million to establish the “Panyathip Plan B Media Company” in Laos in order to support advertising business expansion in Laos and the Asean region.
Asian economies including Laos will continue to grow at high rates, together serving as a significant driver for the global economy despite various challenges and headwinds.
Support for businesses in seeking customers, strengthening trade promotion activities and boosting import-export between Laos and Vietnam.
The Lao National Chamber of Commerce and Industry (LNCCI) last week held an information session announcing the entries to the Asean Business Awards. The nominations for the different award categories are open until 30th June 2017.
A Chinese economic researcher has advised his own business operators to invest in Lao aviation after recognising the country’s potential for expansion.