The Dutch East India Company (Vereenigde Oost-Indische Compagnie or VOC in Dutch, literally ‘United East India Company’) was a chartered company established in 1602. It was also arguably the world's first mega-corporation, possessing quasi-governmental powers, including the ability to wage war, negotiate treaties, coin money, and establish colonies. Statistically, the VOC eclipsed all of its rivals in the Asia trade. The VOC enjoyed huge profits from its spice monopoly through most of the 1600s. The VOC became bankrupt and was formally dissolved in 1800. Luang Prabang was formerly the capita


The Dutch East India Company (Vereenigde Oost-Indische Compagnie or VOC in Dutch, literally ‘United East India Company’) was a chartered company established in 1602. It was also arguably the world's first mega-corporation, possessing quasi-governmental powers, including the ability to wage war, negotiate treaties, coin money, and establish colonies. Statistically, the VOC eclipsed all of its rivals in the Asia trade. The VOC enjoyed huge profits from its spice monopoly through most of the 1600s. The VOC became bankrupt and was formally dissolved in 1800. Luang Prabang was formerly the capital of a kingdom of the same name. Until the communist takeover in 1975, it was the royal capital and seat of government of the Kingdom of Laos. The city is nowadays a UNESCO World Heritage Site.


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