by Teuvo Tuomi | Mar 31, 2024 | Laos, Business, Food & Drinks, News, Thailand
The fourth 7-Eleven branch in Laos has opened in Pakse, just six months after opening the first branch. 7-Eleven offers Laotians a well-curated selection of popular products, especially ready-to-eat food, fresh bakery items, and freshly brewed coffee. In addition,...
by Teuvo Tuomi | Mar 24, 2024 | Business, Economy, Laos, News
The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support economic and social development in the country. The decree still lacks specific details regarding the implementation...
by Teuvo Tuomi | Mar 7, 2024 | Energy, Laos, News, Technology
Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos aiming to sell electricity to Vietnam, totaling nearly 4,150 megawatts (MW). According to Vietnam’s Ministry of Industry and Trade (MoIT), the wind power from Laos would be...
by Teuvo Tuomi | Feb 20, 2024 | Laos, Business, News
The Lao Ministry of Finance has announced a new regulation on mandatory tax payments for all digital shopping platforms. The ministry divides digital platform shopping websites into three groups: registered enterprises in the Value-Added Tax (VAT) system,...
by Teuvo Tuomi | Dec 28, 2023 | Laos, Lifestyle, Technology
The popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold. This comprises 2,592 cars and 2,039 motorbikes. But while the world is striving toward a green transition, this surge in EV adoption in Laos is not...
