Tag: laos

Retail Asia27/02/2024
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Emart, the South Korean hypermarket retailer, will expand into Laos this year through a master franchise deal with U-Dee, an investment entity owned by LVMC Holdings. The move follows the company’s announcement earlier this month that it would expand into Cambodia in June. The agreement includes opening one Emart discount retail outlet and three hard-discount outlets under […]

Retail Asia08/09/2023
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In a press release, CP ALL Laos, a master franchisee of 7-Eleven International, which is a joint venture between 7-Eleven, Inc. and Seven-Eleven Japan, opened its first 7-Eleven store in Laos. The store is located in the capital city of Vientiane. “CP ALL Laos is excited to serve the community of Vientiane as it experiences significant economic […]

Retail Asia09/05/2023
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In 2022, Laos had a total of 18,076 newly registered enterprises, with a total registered capital of about US$7.5 billion, an increase of 42.94% compared to 2021, statistics of the country’s Ministry of Industry and Trade revealed. The positive signals from the business registration situation in 2022 have proved Laos’s determination in bringing the economy […]

Retail Asia08/05/2023
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The export of bananas, durians, and jackfruit from Vietnam to China and Laos surged in the year’s first four months. The export value of vegetables and fruits reached $1.39 billion, up 19.4% over the same period last year, according to the Ministry of Agriculture and Rural Development. China led the consumption of Vietnamese fruits and […]

Retail Asia28/04/2023
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The Lao Government has decided to raise the monthly minimum wage from LAK1.2 million (nearly US$70) to LAK1.3 million starting May 1 to ease workers’ difficulties amid soaring inflation and economic uncertainties. The decision was made at the Lao Government’s meeting held on April 25 – 26 under the chair of Prime Minister Sonexay Siphandone. […]

Retail Asia25/04/2023
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Military Commercial Joint Stock Bank Laos branch (MB Laos) released a new banking application for individual customers in Vientiane, Laos, on Monday. Several Laotian government officials and representatives of the State Bank of Laos and MB attended the app launch ceremony. MB Laos app will increase customers’ convenience and optimize their banking experience on digital […]

Retail Asia12/04/2023
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President Vo Van Thuong has asked the Vietnamese community in Laos to set its sights on long-term sustainable business growth even though weathering current short-term difficulties will be complicated. During Tuesday’s meeting with the Vietnamese community in Laos, Thuong praised the patriotism and contributions made by Vietnamese people and enterprises in Laos. For their part, […]

Retail Asia03/11/2022
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US coffee chain Starbucks has expanded its footprint into Laos under the partnership with its licensee Coffee Concepts, a subsidiary of Hong Kong-based Maxim’s Caterers. The Laos launch marks Starbucks’ 84th market globally, “reaffirming the company’s long-term commitment to continued growth across Southeast Asia” the company said in a statement. Coffee Concepts already operates more […]

Retail Asia09/12/2020
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National utility Vietnam Electricity (EVN) has signed three memoranda to purchase power from Laotian companies amid expected energy shortages. EVN will buy power from two hydropower plants and one coal-fired power plant in neighboring country Laos starting 2024, according to the memorandums of understanding signed Sunday. The 84-megawatt Nam Yeuang hydropower plant and 300-megawatt Nam […]

Retail Asia03/11/2020
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Starbucks is to make Laos debut next year with its first store opening in the capital city of Vientiane. Laos will become Starbucks’s 17th market in Asia, with the first store scheduled to open in the third quarter of next year. Starbucks Laos will be managed by Coffee Concepts (Laos) Limited, part of Maxim’s Caterers […]

Retail Asia02/09/2020
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Thailand’s CP Group is taking the 7-Eleven convenience-store chain into Laos after winning franchise rights for the country. The first 7-Eleven store in Laos will be opened in the capital city, Vientiane in 2022. “With its remarkable success in Thailand, I can think of no one better than CP All to bring the 7-Eleven brand […]

Retail Asia06/11/2019
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Japanese casual wear retailer Uniqlo plans a four-fold increase in its Southeast Asian store count during the next decade. Tadashi Yanai, chairman, and CEO of the firm’s parent company Fast Retailing said in an interview with Nikkei that Uniqlo is seeking a much faster rate of expansion than it took to build its 800-strong network […]


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