Secretariat proposes government-wide approach to facilitate trade

VIENTIANE (Vientiane Times/ANN) – The Trade Facilitation Committee Secretariat (TFCS) is proposing the forming of trade implementation units in various ministries that are assigned as members of the secretariat to assist with its work and budget planning.The proposal will be put to the government for ...

News Desk

Lao govt to strive for imports, exports to value US$11.29 billion in 2019

VIENTIANE (Vientiane Times/ANN) – The government will strive to achieve imports and exports of more than US$11 billion this fiscal year, including exports of US$5.516 billion and imports of US$5.775 billion.These figures were outlined on Tuesday at the annual meeting in Vientiane of the industry ...

News Desk

Laos accelerating efforts to facilitate trade: DPM

VIENTIANE (Vientiane Times/ANN) – Laos is in need of intensive cooperation amongst all parties concerned to promote various key measures to boost its world ranking in ease of doing business after the government was unable to meet its target.Last year, the government had committed to ...

News Desk

Thai food company eyes larger share of market in Laos

VIENTIANE (Vientiane Times/ANN) – Thailand’s Heritage Snack & Food Company Limited is eyeing a larger share of the market in Laos after having exported its products to this region for several years.“We started the import of healthy food products under the Heritage brand, such as ...

Souksamai Boulom

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

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