Laos, Vietnam trade growing contributor to domestic economy

VIENTIANE (Vientiane Times/ANN) – The combined trade value of imports and exports between Laos and Vietnam in eleven months of this year achieved US$1,038 million, a rise of 12.28 per cent compared to the same period last year.The bilateral trade figure is expected to reach ...

News Desk

Vietnam-Laos trade hits 940 million USD in ten months

Hanoi (VNA) – Trade cooperation was a spotlight of the Vietnam-Laos relationship in the first ten months of this year, with revenue reaching 940 million USD.The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen ...

VNA News Desk

Lao business operators learn about benefits of free trade agreements

VIENTIANE (Vientiane Times/ANN) – Lao businesses will be better able to expand their markets and compete with other countries more aggressively after being educated on the conditions and benefits of Free Trade Agreements (FTAs).A seminar held in Vientiane on Thursday discussed the benefits of FTAs ...

Souksamai Boulom

Laos govt reviews conditions for import and sale of vehicles

VIENTIANE (Vientiane Times/ANN) – The government has instructed dealers who import and sell vehicles to present their documents to the Department of Import and Export of the Ministry of Industry and Commerce no later than November 29.If a company fails to present their documents they ...

News Desk

Laos registers trade surplus in Q3

VIENTIANE (Vientiane Times/ANN) – Laos has registered a trade surplus of US$178 million in the first nine months (as of the end of the third quarter) of the year, although money transfers are below target.The value of Laos’ combined exports and imports in the third ...

News Desk

Laos to clamp down on imports in bid to curb rising exchange rate

VIENTIANE (Vientiane Times/ANN) – The government will introduce strict measures to regulate the import of consumer goods and bolster domestic production, in an attempt to reduce imports and cut capital flow to other countries.A surge in both legally and illegal imported goods from neighbouring countries ...

News Desk

Laos, Chile to boost business, trade cooperation

VIENTIANE (Vientiane Times/ANN) – Laos and Chile are aiming to strengthen business and trade cooperation following the local business community’s official welcome for the Ambassador of Chile to Laos, Mr Jaime Chomali, in Vientiane on Tuesday.Vice President of the Lao National Chamber of Commerce and ...

News Desk

Lao Top 3 Expo to support growth in building, hospitality sectors

VIENTIANE (Vientiane Times/ANN) – The Lao Top 3 Expo, Laos’ biggest international 3-in-1 expo is back for the fourth edition to support growth of the building, construction and infrastructure sector, and the food and beverage and hospitality industry.The expo will be held at the National ...

News Desk

Lao-made products fail to find favour with consumers

VIENTIANE (Vientiane Times/ANN) – Laos produces several well-known items, but local people have little interest in buying these products and eschew them in favour of imported goods.It will be a challenge to persuade people to change their ways as they have become accustomed to seeing ...

Editorial Desk

Laos-China science and tech expo promotes industrial development

VIENTIANE (Vientiane Times/ANN) – The “Smart Technology for Green and Sustainable Development” exhibition is currently underway in Vientiane to give added impetus to industrial development in Laos.The exhibition is taking place at the National Convention Centre from October 11-16 with the participation of about 100 ...

News Desk

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