As of Sunday, the China-Laos Railway has handled over 2.25 million passenger trips and transported 1.31 million tons of cargo since its launch in December, official data showed. Trains on the railway have provided a safe, comfortable and convenient means of inter-city transport for residents along the route, while passenger trips have seen strong…
13 January 2021 – An international trade route passing through Vietnam is being shunned by transport firms because of complicated customs procedures that increase costs. The CEO of a Hanoi-based transport company said many logistics firms are currently using a new route connecting China with ASEAN countries via Laos without going through Vietnam. Vietnamese customs…
2 November 2020 – BUSINESSES can look forward to time savings, cost reduction and better connectivity in moving goods by land across six South-east Asian countries under a single cross-border transit regime launched on Monday. The Asean Customs Transit System (ACTS) will be implemented in Cambodia, Laos, Malaysia, Singapore, Thailand and Vietnam, according to a…
By Tuchakorn Kitcharoen Dec 2 2019 / Mondaq Introduction Until recently, importation and exportation business in Lao PDR remains restrictive, particularly due to the existence of various trade barriers, including the requirement for foreign investor to incorporate locally with high registered capital. In order to resolve this issue, Lao PDR has introduced the process in…
