Laos PM vows stronger action to improve business environment

A staff signals to a train on the Laos-Thailand railway at the Thanaleng Dry Port where the track converges with the Laos-China railway. The Lao government has announced improvements to cross-border transport as a means to boost trade and investment. - Vientiane Times/ANN

VIENTIANE (Vientiane Times/ANN): Laos Prime Minister Sonexay Siphandone has pledged to amend legislation to improve the business environment amid fierce international competition by governments to improve their ease of doing business.

he government will “amend the Investment Promotion Law and relevant legislation to smooth business operations and investment,” he told lawmakers at the ongoing National Assembly (NA)’s 5th ordinary session.