
Laos, Vietnam Restart USD 492M Potash Project in Khammouane
Laos and Vietnam are restarting a USD 492 million potash mining and processing project, which was halted in 2017. Production is targeted for 2028, with expectations of boosting the local economy and supporting Vietnam's fertilizer industry.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- JDB Reviews Q3 2026 Performance, Focuses on Final Quarter for Target Achievement
Joint Development Bank Public (JDB) reviewed its third-quarter 2026 performance and achievements, setting operational priorities for the final quarter of the year. Assets, credit provision, and revenue are progressing well towards targets, though pre-tax profit shows a lag against its goal.
- Vinachem Potash Project Resumes Operation in Khammuan, Boosting Laos' Fertilizer Production
A potash mine in Laos' Khammuan province, operated by a Vietnamese-backed firm, has resumed operations with a target capacity of 320,000 tonnes per year. The move is expected to bolster domestic fertilizer production, reduce import reliance, and strengthen economic ties between Laos and Vietnam.
- Laos Flags Millions in Misused Funds and Unused Assets in Public Projects
Laos' State Inspection Authority has flagged USD 1.976 million in diverted funds and unused assets within Vientiane's Bus Rapid Transit (BRT) project. Broader national audits of public projects revealed numerous procedural irregularities and budget overruns.
- Vietnam Leads Laos' Approved Investments in First Nine Months of 2026
Vietnam accounted for the largest share of investment projects approved by Laos in the first nine months of 2026, valued at US$4.7 billion. Both nations pledged to deepen economic ties and expand private sector cooperation.