Economy and commerce
Small and medium enterprises (SME)
Government bonds being traded on LSX
VIENTIANE (Vientiane Times/ANN) – Government bonds are available for trade on the Lao Securities Exchange (LSX) from March 25 to April 5, with payment of interest twice a year.The bonds have been divided into different tenures, for example, tenures of one year, three years, five ...
News Desk
Thai company targets slice of Lao construction materials market
VIENTIANE (Vientiane Times/ANN) – As the Lao economy continues to record impressive annual growth of 6 percent to 7 percent, numerous foreign firms in the construction materials sector are now keen to expand their operations.The Lao government is currently working to improve the business environment ...
News Desk
Thai firm eyes expansion with official launch in Lao market
VIENTIANE (Vientiane Times/ANN) – Thai company, Brother Commercial Ltd is eyeing further opportunities for their business in the Lao market after a decade of distributing its products locally.The details were revealed by the firm during an official launch and press conference for the Brother brand ...
Souksamai Boulom
Laos public, business sectors build on understanding of CISG
VIENTIANE (Vientiane Times/ANN) – Government officials and representatives of the business sector gathered for a workshop aimed at building greater understanding of the contents and dispute resolution under the United Nations Convention on Contracts for the International Sales of Goods (CISG).The workshop on CISG, held ...
News Desk
Lao officials, business operators learn about FTA rules of origin
VIENTIANE (Vientiane Times/ANN) – Government officials and representatives from the private sector have attended a workshop to learn about the rules and benefits of using “Declaration of Origin” under the Asean-Australia-New Zealand Free Trade Area (AANZFTA) Rules of Origin for Laos.More ...
News Desk
Savan Park exports set to increase 15-20%
VIENTIANE (Vientiane Times/ANN) – Exports from Savan Park (Zone C) in the Savan-Seno Special Economic Zone (SEZ) in Savannakhet province are expected to increase by 15 to 20 per cent this year due to rising production capacity.Savan Park achieved exports of more than US$400 million ...
News Desk
Thai food fair offers business opportunities for Lao firms
VIENTIANE (Vientiane Times/ANN) – The organisers of THAIFEX-World Food of Asia 2019, a Thai food exhibition, are looking for business opportunities with Lao firms in the food and beverage sector, so they can expand their markets in Thailand and overseas.With this vision in mind, representatives ...
Souksamai Boulom
Lao furniture makers struggle with export sales
VIENTIANE (Vientiane Times/ANN) – The Lao Furniture Association has asked authorities to do all they can to assist with the shipping of wood and furniture products purchased by foreign customers at exhibitions in Laos.Lao wood and furniture producers have been facing major challenges in exporting ...
News Desk
Northern project aiming to boost exports, ease poverty
VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce and the Enhanced Integrated Framework (EIF) have launched a new effort to increase the country’s exports and support investment in business development.Targeting sectors in the three northern provinces of Laos where improvements would directly increase ...
News Desk
Plan Launched To Help Laos Integrate Into Global Trade
(KPL) The European Union Ambassador to the Lao PDR Léon Paul Faber, the Minister of Commerce and Industry Khemmany Pholsena and EIF Executive Director Ratnakar Adhikari launched on Mar 11 the strategic plan 2019-2022 of the Enhanced Integrated Framework (EIF): Forging New Paths for Least Developed Countries in global ...
KPL