Vientiane Times, April 10, 2012
Archive for the ‘Industry and trade / ອຸດສາຫະກຳ ແລະ ການຄ້າ’ Category
Regional contract-farming deal secures rubber market
April 11th, 2012
Govt to reduce export of unprocessed natural resources
March 19th, 2012
Vientiane Times, March 19, 2012
Laos will take serious action to reduce the export of unprocessed natural resources as a measure to boost the domestic processing industry. In line with the processing industry and commerce development strategy for 2011-2020, Laos will have to reduce the export of unprocessed natural resources, including unprocessed minerals and timber, so that sufficient raw material is available for the domestic processing industry.
EU tightens timber import regulations
March 14th, 2012
Vientiane Times, March 14, 2012
The European Union will not allow any timber products originating from illegal sources to enter its markets once new timber legislation comes into force next year. Chargé Affaires of the EU Delegation to Laos Mr Michel Goffin made this clear to Vientiane Times during a visit yesterday to Burapha Agro Forestry Co., Ltd (BAFCO) in Saen-oudom village, Xaythany district, Vientiane. “The EU market will only be open to legally sourced wood so if people are cutting wood illegally, it won’t be exported to Europe,” he said.
Corporate social responsibility vital for equitable development
March 13th, 2012
Vientiane Times, March 13, 2012
As Laos looks to foreign direct investment in extractive industries such as mining and hydropower to achieve its 8 percent annual economic growth target, the issue of a socially responsible private sector is becoming increasingly important. This was the message delivered at the International Law Forum “Corporate Social Responsibility (CSR) in Laos” which took place in Vientiane yesterday to discuss the role of businesses and CRS in the development of Laos.
Posted in Civil society / ປະຊາສັງຄົມ, English Language / ພາສາອັງກິດ, Industry and trade / ອຸດສາຫະກຳ ແລະ ການຄ້າ, Investment and concessions / ການລົງທຶນ ແລະ ການສຳປະທານ, Laws, policies and regulations / ກົດຫມາຍ, ນະໂຍບາຍ ແລະ ຂໍ້ກຳນົດ 
Tags: corporate social responsibility, human rights, Ministry of Planning and Investment, UN 
No Comments » Laos : first for Investment destination of Vietnam
March 1st, 2012
KPL News, March 1, 2012
The Lao People’s Democratic Republic is one of 55 countries of the world which is interested in for investment of the Vietnamese investors. By December, 2011, the investment project of Vietnam has reached 207 projects with the registered investment fund of US$3.4 billion or US$ 16.5 million for each project in 16 provinces of Laos. The most investment project from Vietnam has focused on hydropower, real estate, services, amusement, agriculture-forestry, mining and industry.
Vietnam targets investment in Laos’ central and southern provinces
February 14th, 2012
Vientiane Times, February 14, 2012
A government report disclosed last week that 93 percent of the total value of Vietnamese investment in Laos lies in eight provinces in central and southern Laos.In total, Vietnam has investments in 16 of the 17 provinces in Laos, including the capital. The report stated that as of December 2011, the Lao government had approved 207 investment projects with total registered capital of US $3.4 billion.
Laos backs Vietnam’s bid for top investor ranking
February 13th, 2012
Vientiane Times, February 13, 2012
Vietnam’s investment in Laos is on track to keep the country atop the list of foreign countries doing business in Laos, which Laos fully supports. Laos will continue to support Vietnam’s bid to maintain this ranking over the next 3 to 5 years, it was revealed at a meeting held in Champassak province on Friday.
Govt urged to halt export of unprocessed wood
February 2nd, 2012
Government is urged to halt the export of unprocessed timber because the Lao wood processing industry is experiencing a shortage of raw materials.
Vientiane Time, February 2, 2012
The Lao wood processing industry expects to face a shortage of raw materials this year if the government continues to export unprocessed timber. Lao Wooden Products Association President Mr Thongsavanh Souliyamath made the comment yesterday after the government announced a decision to postpone its logging quota, which could slow the supply of timber to the domestic wood processing industry.
Phu Bia to open new gold mine in Laos
January 25th, 2012
Vientiane Times, 25 January, 2012
Phu Bia, one of the largest mining companies operating in Laos, expects to kick off its new gold mining project in Vientiane province in March, the Australian miner reported. PanAust, the parent company of Phu Bia, this week announced the progress of its Ban Houayxai gold and silver mine project, saying the US$168 million gold and silver mining facility is scheduled to come on-stream in March this year.
