Laos gives green light for investment in EVs

The Lao government will allow investments by domestic and foreign entrepreneurs in the development of electric vehicles (EVs) in Laos to benefit motorists and reduce the import of fuel-inefficient cars against the backdrop of a global spike in energy prices.

Vietnam invests heavily in power and mining projects in Laos

Vientiane, Jun 9 (Prensa Latina) More than 815 million dollars have been invested so far by Vietnam in hydropower and mining projects in Laos’s southern Attapeu province, according to local authorities. Vithaya Phommachanh, director of the Energy and Mines Department in Attapeu, said that 691 million dollars are earmarked for the energy development and they […]

Long queues at petrol stations as fuel crisis hits Laos

Long lines of motorists queueing for petrol have been snaking through the streets of Vientiane in recent days as Laos struggles with a growing fuel crisis. Some parts of the reclusive communist nation have been suffering shortages for weeks, according to state media, but on Monday (May 9), pumps in the capital began to run […]

Convalt Energy lands $250 million solar project in Laos

Convalt Energy plans to produce 460,000 solar panels at its planned manufacturing plant in Hounsfield for a solar project in the Southeast Asian country of Laos. Convalt is moving forward with plans to construct a 330,000-square-foot solar manufacturing plant near the Watertown International Airport on Route 12F. Hari Achuthan, Convalt CEO and founder, said construction […]

Sacgasco accelerating offshore oil development in Philippines

Australian-listed Sacgasco (ASX:SGC) has agreed an alliance covering extended well testing and early production systems in the Palawan basin offshore Philippines as they aim to pump oil as fast as possible in the current high oil price environment. Significantly, the company and its partners will be hoping to eek oil out of an old field […]

China-Laos low-carbon demonstration zone unveiled in Vientiane

The inauguration ceremony of the Vientiane Saysettha Low-Carbon Demonstration Zone, jointly built by China and Laos, was held via video conferencing on Friday. The event indicates construction of the demonstration zone has entered a new phase, opening a new chapter for China-Laos cooperation to address climate change in the framework of South-South cooperation.