LUANG PRABANG: This is the oldest city of Laos, its ancient capital, and now the cultural and religious center of the country, its main attraction, recognized by UNESCO as a world heritage site. The city is located about 400 km north of the capital Vientiane on the banks of the Mekong River, at an altitude…
Tag: Laos
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Laos 2011
Yearbook 2011 Laos. After communist China, the communist Laos embarked on an experiment with state-controlled capitalism when a stock exchange opened at the beginning of the year. Initially, trading took place in two state-owned companies, one electricity company and one bank. One of the main purposes of the stock market investment was to attract foreign…