Small and medium enterprises (SME)

VIENTIANE (Vientiane Times/ANN) – The government believes that Laos’ socio-economic development micro, small and medium-sized enterprises (MSMEs) play an equally crucial role along with macro-economic measures in the nation’s economic development.Various initiatives are being taken to encourage the private sector to diversify their businesses, including ...

VIENTIANE (Vientiane Times/ANN) – The Lao government is determined to encourage and promote digitalisation in micro, small and medium enterprises (MSMEs) to help the nation achieve its Sustainable Development Goals (SDGs) by 2030.According to the government, the promotion of micro, small and medium-sized enterprises (MSMEs) ...

VIENTIANE (Vientiane Times/ANN) – The project includes the construction of a basin to store water for agricultural purposes and an artesian well, and installation of electric lines.The Lao Front for National Development (LFND), the Phongsavanh Group and the LFND unit in Xaysomboun provincial organised a ...

VIENTIANE (Vientiane Times/ANN) – Laos is likely to enjoy a trade surplus of about US$121 million for the first six months of the year, even as the government is predicting an overall trade deficit of around US$259 million for 2019.Projected exports for the first six ...

VIENTIANE (Vientiane Times/ANN) – Laos has officially opened a national single window (LNSW) system at a container yard – Thanaleng – to bring in transparency and facilitate trade. This move will optimise the flow of goods for the benefit of the people of Laos. The ...

VIENTIANE (Vientiane Times/ANN) – A new Promotion of Export Competitiveness in Northern Laos (ECL) project aims to increase investment in exports of targeted sectors to sustainably improvement incomes of poor households, particularly women.The target is to be achieved by improving the export competitiveness of the ...

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI), in collaboration with the International Labour Organisation (ILO), organised the MSME investment fair 2019 to provide opportunities to micro, small and medium enterprise operators to access sources of finance.The fair, held at ...

VIENTIANE (Vientiane Times/ANN) – The largest professional trade exhibition of the country, Lao Top 3-in-1 Expo 2019, kicked off at the National Convention Centre in Vientiane yesterday to showcase products aimed at the building, construction, water supply, food and beverage and trade industries.The ceremony was ...

Products or services the government doesn’t promote, including alcoholic beverages, will be subject to higher taxes if a new law on excise duties comes into force in January 2020. In contrast, lower levies will be imposed on items such as fuel and motorcycles that the government ...

Foreign companies that export products to Laos will no longer require a domestic business license under new trade regulations issued by the Ministry of Commerce.Mrs Khemmani Pholsena, Lao Minister of Industry and Commerce, issued a ministerial decision on June 6 ending the requirement for a domestic business ...