Laos

Go to:

SPONSORED BY

Landlocked by Myanmar, Cambodia, China, Thailand, and Vietnam, Laos is among the poorest economies of the world. But its vast natural resources - including agriculture and forestry products, minerals such as gold, copper, zinc, and lead, and hydro-electric potential - have helped drive economic growth. The country has logged average growth of 7.8 percent over the past decade.

MAIN LANGUAGES

Lao

POPULATION

6.8 million (2016)

LAND AREA

237,955 km²

CAPITAL

Vientiane

CURRENCY

Lao Kip (LAK)

TIME ZONE

GMT +7

EASE OF DOING BUSINESS

Ranked 141 out of 190 economies (World Bank Doing Business 2018)

The Investment Promotion Department (IPD), which operates under Laos' Ministry of Planning and Investment, is responsible for promoting Laos as an investment destination, offering investment incentives, screening investment proposals, collecting investment data and monitoring investment practices.

www.investlaos.gov.la | (856-21) 218 377 / 222 690 / 223 002 | ptvsinghalath@yahoo.com

Venturing into Laos: Useful business contacts

Planning to do business in Laos? Here’s our round-up of local government agencies and business chambers that may be useful.

A primer on China’s Belt and Road Initiative plans in South-east Asia

The economic potential of China’s Belt and Road projects in South-east Asia is huge. But whether that potential can be maximised hinges not on...

LATEST UPDATES

CLMV region not immune to China slowdown: Maybank

China plays a significant role in the bloc's exports, infrastructure, and tourism

Lao Securities Exchange benefits from inflows of capital from Thailand, China, Singapore and Hong Kong

THE Lao Securities Exchange (LSX) and its roster of seven listed companies are benefiting from the inflows of Asian capital and collaboration with...

Venturing into Laos: Useful business contacts

Planning to do business in Laos? Here’s our round-up of local government agencies and business chambers that may be useful.

A primer on China’s Belt and Road Initiative plans in South-east Asia

The economic potential of China’s Belt and Road projects in South-east Asia is huge. But whether that potential can be maximised hinges not on...

Cambodia-Laos-Vietnam triangle striving to succeed

A LITTLE-KNOWN economic zone, the Cambodia-Laos-Vietnam Development Triangle (CLV-DT), is aiming to reduce the economic gap between itself and the...