laos - Contracts & Commercial - News

Electronic Signature Law will boost E-Commerce, Government tells NA

The government has told the National Assembly (NA) that Laos needs to have an electronic signature law in place to boost E-commerce and facilitate E-governance.
Date: 12 December 2018; Type: Legal News; Source: Vientiane Times

New Law spells out Duties of Billboard Makers

Businesses that make signs and billboards will have their operations suspended if they continue to break the regulations regarding content and language.
Date: 30 October 2018; Type: Legal News; Source: Vientiane Times

Government revokes Import Licence Requirement for Steel, Cement

As of next year steel and cement importers in Laos will no longer need an import licence after the government issued an order calling for an end to the licence requirement.
Date: 27 October 2018; Type: Legal News; Source: Vientiane Times

Propose Law to promote Public Private Partnerships, NA instructs

The National Assembly (NA) has told the government to formulate legislation to manage and attract more investment in the form of public-private partnerships (PPP), and Build-Operate-Transfer (BOT) projects to drive development.
Date: 11 July 2018; Type: Legal News; Source: Vientiane Times

Minister names New Measures to improve ease of doing Business

Procedures have been streamlined in a bid to speed up the approval of investment proposals by businesses and enable them to register more quickly.
Date: 13 May 2018; Type: Legal News; Source: Vientiane Times

Stimulus Package intensified to boost SMEs, Ministry says

A number of Small and Medium Enterprises (SMEs) have enjoyed financial access and a large amount of in-kind support, thanks to assistance from the government and development partners.
Date: 08 May 2018; Type: Industry Updates; Source: Vientiane Times

Advertising signs need Permits: Vientiane Authorities

Vientiane’s Department of Public Works and Transport is calling on the owners of advertising signs, ATM booths and telephone lines in the capital to ask for permission before their erection.
Date: 03 May 2018; Type: Legal News; Source: Vientiane Times

SMEs to access Finance via Laos-China Cooperation Scheme

Small and Medium Enterprises (SME) are set to enjoy easier access to finance thanks to a new financial cooperation scheme between Laos and China.
Date: 10 April 2018; Type: Industry Updates; Source: Vientiane Times

Government seeks better Regulation of Associations

Representatives of associations, foundations and Non-Governmental Organisation (NGOs) met in Vientiane on Wednesday to discuss association issues and management under the Decree on Associations.
Date: 24 January 2018; Type: Legal News; Source: Vientiane Times

Tighter Regulation to squeeze Small Business Credit

Small family businesses around the country may find it even harder to access finance with a new financial directive putting in place higher standards for property documentation used when securing bank loans.
Date: 13 December 2017; Type: Legal News; Source: Vientiane Times

Mineral Law to be amended for Better Mining Management

The government is amending the Mineral Law to better regulate the mining sector in the interests of sustainable development.
Date: 04 October 2017; Type: Legal News; Source: Vientiane Times

Laos prevails in Hongsa Power Plant Court Case

The government has won a long running legal battle with a former investor, Thai-Lao Lignite Co., Ltd., over the Hongsa thermal power project.
Date: 18 September 2017; Type: Legal News; Source: Vientiane Times

Attapeu Governor vows to identify, punish Illegal Timber Traders under Law

Investigations are ongoing to identify those behind illegal timber found on trucks in Attapeu province with the wrongdoers to be held responsible and face the law, the provincial governor has said.
Date: 02 August 2017; Type: Legal News; Source: Vientiane Times

Laos cuts Maximum Concession Period to 50 Years

VIENTIANE, April 18 (PNA/Xinhua) - Laos' newly-amended Investment Promotion Law has moved to cut by half the maximum investment period for new concession projects to 50 years, down from the previous maximum period of 99 years. The move is aimed at maximizing investment benefits for the Lao economy, an official from the Ministry of Planning and ...
Date: 18 April 2017; Type: Legal News; Source: Philippine News Agency

Lao, Singaporean Foreign Ministers hold talks on Bilateral Ties

Lao and Singaporean foreign ministers continue to grow highly valued relations and cooperation between the two Asean member countries, agreeing that bilateral ties and cooperation between the two countries should continue to be enhanced.
Date: 13 February 2017; Type: Legal News; Source: Vientiane Times

Nation sets Sights on Trade Policy Improvement

Laos will continue to be active in improving its regulations and work plan to adapt to the World Trade Organisation (WTO) rules after the country became a member in 2013.
Date: 12 February 2017; Type: Legal News; Source: Vientiane Times

Laos, Vietnam sign Key Documents

Hanoi (Vietnam News, ANN) - Vietnam and Laos signed a series of vital agreements on Wednesday, pledging to boost co-operation between the two governments and countries.
Date: 09 February 2017; Type: Legal News; Source: Vientiane Times

Authorities repeat Call for Return of Nongpaen Project Licence

Vientiane authorities have asked the Lao Asia Trading International Company (LATIC) to return the concession licence they were granted to develop a tourist attraction on marshland in Hadxaifong district, Vientiane.
Date: 07 February 2017; Type: Legal News; Source: Vientiane Times

Lao Government bans Companies from transporting Imported Fuel through Laos

VIENTIANE, Jan 30 (PNA/Xinhua) - Lao government has announced that three companies will no longer be able to transport imported fuel through Laos to third countries, in a bid to plug loopholes that could result in illegally imported fuel. The government has instructed the Ministry of Finance to inform the three companies, namely LS Import-Expo ...
Date: 30 January 2017; Type: Legal News; Source: Philippine News Agency

INDUSTRY UPDATES

DLT introducing Electronic Licenses

BANGKOK, Jan 15 (NNT) - The Department of Land Transport (DLT) has officially begun to introduce electronic drivers licenses, launching a downloadable application that can digitally hold driver authorizations and vehicle details.

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INDUSTRY UPDATES

DOLE vows Aid for Workers displaced by Hanjin Bankruptcy

MANILA, Jan 15 (PNA) - The Department of Labor and Employment (DOLE) on Tuesday vowed to assist 3,800 workers of Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) who might be affected after the South Korean shipbuilder declared bankruptcy and applied for rehabilitation.

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INDUSTRY UPDATES

Over 100 Medicine Brands for Treatment of Diabetes, Hypertension, High Cholesterol now cheaper under TRAIN Law

The Food and Drug Administration (FDA) has submitted to the Department of Finance (DOF) a list of over 100 medicines with their corresponding generic names and brands for the treatment and prevention of diabetes, hypertension and high-cholesterol, the sale of which are now exempted from the payment of the value-added tax (VAT) beginning Jan. 1 as provided under the Tax Reform for Acceleration and Inclusion Act (TRAIN).

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INDUSTRY UPDATES

Tax Academy eyeing Campuses in Tagaytay, New Clark City

The Department of Finance (DOF) is planning to set up permanent campuses of the Philippine Tax Academy (PTA) in Tagaytay City in Cavite and New Clark City at the Clark Special Economic Zone in Pampanga.

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INDUSTRY UPDATES

Courts urged to speed up Judicial Reform

Hanoi, Jan 14 (VNA) - General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong has stressed the need for courts at all levels to speed up judicial reform and improve the quality of judgment to minimise inaccurate verdicts and overlooking criminals.

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INDUSTRY UPDATES

No Passport Data lost, breached: Government Printer

MANILA, Jan 14 (PNA) - No passport loss nor breach has occurred in the Department of Foreign Affairs (DFA), APO Production Unit Inc. (APUI), the current Philippine e-passport maker said Monday.

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INDUSTRY UPDATES

Complaint Boxes for Iskandar Puteri Schools to tackle Crimes

ISKANDAR PUTERI, Jan 14 (Bernama) - The Iskandar Puteri District police have suggested for the district’s schools to provide boxes for information or complaints to tackle various crimes involving students.

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INDUSTRY UPDATES

Tax Amnesty Programme aims to reduce People's Burden, says IRB

KUALA LUMPUR, Jan 14 (Bernama) - The Special Voluntary Disclosure Programme (SVDP) is a clear indication of the government's desire to reduce the burden of the people through taxation, Inland Revenue Board (IRB) chief executive officer Datuk Seri Sabin Samitah said.

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Tengku Abdullah to be proclaimed as New Sultan of Pahang on January 15

PEKAN, Jan 12 (Bernama) - The Regent of Pahang Tengku Abdullah Sultan Ahmad Shah will be proclaimed as the sixth Sultan of Pahang, succeeding Sultan Ahmad Shah, on Jan 15.

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INDUSTRY UPDATES

Judges, Judicial Officers receive DoJ Training not due to High Profile Cases - CJ

PUTRAJAYA, Jan 11 (Bernama) - Chief Justice Tan Sri Richard Malanjum explained that the training of Malaysian judges and judicial officers by the United States Department of Justice (DOJ) was not due to the high profile money laundering cases, such as the ones involving former Prime Minister Datuk Seri Najib Tun Razak.

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INDUSTRY UPDATES

Adapt Technology and Work from anywhere, CJ tells Lawyers

PUTRAJAYA, Jan 11 (Bernama) - With the tagline ‘Now Anywhere Can Work’, lawyers can now deal with their cases from anywhere through the use of technology introduced by the judiciary in order to have an efficient court system, said Chief Justice Tan Sri Richard Malanjum today.

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Malaysian Bar will continue to voice Concerns over use of Oppressive Laws - President

PUTRAJAYA, Jan 11 (Bernama) - The Malaysian Bar will continue to voice its concerns on the continued use of oppressive laws, said its president George Varughese.

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INDUSTRY UPDATES

Full Force of the Law to be applied to Wrongdoers, says AG

PUTRAJAYA, Jan 11 (Bernama) - Attorney-General Tommy Thomas said today the full force of the law would be applied to wrongdoers.

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INDUSTRY UPDATES

Matrade appoints Halim Mohamad as Chairman

KUALA LUMPUR, Jan 11 (Bernama) - Malaysia External Trade Development Corporation (Matrade) has appointed Tan Sri Halim Mohammad as its seventh chairman, effective Jan 1, 2019.

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INDUSTRY UPDATES

Vietnam requests other Countries to respect International Law

Hanoi, Jan 9 (VNA) - Foreign Ministry Spokesperson Le Thi Thu Hang underlined Vietnam’s stance on the US vessel USS McCampbell’s passage through Vietnam’s Hoang Sa (Paracel) waters, while responding to reporters’ questions regarding the case on January 9.

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INDUSTRY UPDATES

Justice Ministry should be “Goalkeeper” of Government in Legal Issues: PM

Hanoi, Jan 8 (VNA) - The Ministry of Justice should be the “goalkeeper” of the Government in international legal issues to ensure national rights and interests, Prime Minister Nguyen Xuan Phuc said at a conference of the sector in Hanoi on January 8.

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INDUSTRY UPDATES

Rizal granted Permission to transfer Corruption Case to High Court

KUALA LUMPUR, Jan 9 (Bernama) - The case of former special officer to the former Prime Minister, Datuk Rizal Mansor, who faces four corruption charges involving a solar hybrid system project for rural schools in Sarawak will be heard in the High Court.

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INDUSTRY UPDATES

Law Society Chief, Three Others appointed Senior Counsel

The President of the Law Society, Gregory Vijayendran, fellow litigator Siraj Omar, 46, as well as two former judicial commissioners of the Supreme Court, Foo Chee Hock, 58, and Foo Tuat Yien, 65, were conferred the coveted designation when their appointments were announced by Chief Justice Sundaresh Menon at the opening of the legal year.

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