Economy and commerce

Small and medium enterprises (SME)

Laos expected to benefit from US-China trade war

VIENTIANE (Vientiane Times/ANN) – Laos is one of the Southeast Asian nations that may benefit from the ongoing trade dispute between the US and China, but the government should also take steps to improve the investment environment.These are among the conclusions of a report from ...

News Desk

Thai Perfume Company “Ceresa” Penetrates Lao Markets

(KPL) Ceresa Thai Perfumes, a main sponsor of Miss Laos Contest 2019, on Mar 10 opened its country branch at ITECC Mall, Vientiane on the sidelines of Top Thai Brands 2019.Ceresa-branded perfumes have been available in Laos since late 2018 and our customers here are both ...

KPL

Businesses keen to apply best practices in logistics

VIENTIANE (Vientiane Times/ANN) – Laos will need to pay serious attention to making logistics more efficient through the application of the world’s best practices, as the country is now integrated regionally and internationally, a top business chamber official said.Executive Vice President of the Lao National ...

News Desk

Laos suspends pig, pork imports from China, Vietnam

VIENTIANE (Vientiane Times/ANN) – The Lao government has announced the temporary suspension of pig and pork product imports from China and Vietnam after African Swine Fever outbreaks in these countries.The notification was issued by the Ministry of Agriculture and Forestry recently with the aim of ...

News Desk

Laos, Thailand targeting US$12 billion in bilateral trade by 2021

VIENTIANE (Vientiane Times/ANN) – Laos and Thailand have committed to increasing bilateral trade volume by 10 to 15 percent annually as the two governments expect to meet the target of US$12 billion in 2021, according to the Lao trade minister.As part of promoting an increase ...

News Desk

Lao Operators eye business opportunities, export market access

VIENTIANE (Vientiane Times/ANN) – Representatives from enterprises involved in tea, spices, cardamom, and Indian prickly ash, community business-supporting organisations, and service providers attended a workshop to bolster their business opportunities and export markets through standardisation and certification.The workshop was held recently at the SME Promotion ...

News Desk

SME service centre opens in Luang Prabang

LUANG PRABANG, Laos (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI) has opened a branch of its Small and Medium Enterprises Service Centre in Luang Prabang province to strengthen the capacity of SMEs in the eight northern provinces of Laos.The first ...

News Desk

Vientiane Furniture Fair hoping to lure Chinese visitors

VIENTIANE (Vientiane Times/ANN) – The Lao Furniture Association (LFA) will host its 4th Vientiane Furniture Fair from March 23-31 at Lao-ITECC to promote local products and also attract Chinese tourists during the ongoing Visit Laos-China Year.The association is expecting more than 250,000 people to attend ...

News Desk

Laos, Vietnam target 15% increase in trade

VIENTIANE (Vientiane Times/ANN) – The Lao and Vietnamese governments will try to bolster two-way trade by at least 15 per cent this year as part of efforts to expand cooperation between the two countries.The combined value of imports and exports between Laos and Vietnam exceeded ...

News Desk

Access to finance key to success of SMEs in Laos

VIENTIANE (Vientiane Times/ANN) – Lao fish farmers would be better able to compete with foreign operators if taxes and duties levied on local producers were lower and if the government provided more financing support.Lao fish farms are currently struggling against very stiff competition from foreign ...

News Desk

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