Trade

A cabinet meeting on Wednesday decided that the government will purchase 2,400MW of electricity from Laos.A briefing document uploaded by government spokesman Phay Siphan to his Facebook page confirmed this.It said Cambodia will buy exclusive power from two coal-fired power plants in Laos – TSBP ...

(KPL) The European Union (EU) has supported  EUR 5 million for export competitiveness and job creation in the Lao PDR by launching the ASEAN Regional Integration Support-Lao PDR  Trade-Related Assistance(ARISE Plus-Lao PDR) in Vientiane on Sept 9.This four-year action will be implemented in partnership with the Ministry ...

VIENTIANE (Vientiane Times/ANN) – A large number of Lao businesses that produce goods for the domestic market are at a disadvantage because nothing has been done to control the influx of illegally imported goods.“Many Lao firms are suffering from lost business because they can’t compete ...

VIENTIANE (Vientiane Times/ANN) – Laos has sought funding from the Vietnamese industry and trade ministry to build three strategic markets at borders with Vietnam in the north, centre and south of Laos.The proposed plan will help bolster cross-border trade. It will also be a step ...

VIENTIANE (Vientiane Times/ANN) – Laos and Vietnam are hoping to increase bilateral trade by 10 to 15 percent during 2019, with total trade last year valued at US$1.03 billion.Last year’s figure exceeded the plan by 10 percent. Two-way trade between Laos and Vietnam in the ...

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce will continue efforts to improve or remove unnecessary measures and regulations relating to exports and imports to bolster cross-border trade.Officials in charge of trade facilitation met in Vientiane last week for the 2nd Trade Facilitation ...

VIENTIANE (Vientiane Times/ANN) – The newly launched transit freight train service requires more cargo shipments from Laos to Thailand to be successful.The train can carry 10 to 20 containers in and out of the country, but it appears that the number of exporters is smaller ...

VIENTIANE (Vientiane Times/ANN) – Representatives of 14 companies from Jeonnam in South Korea met Lao entrepreneurs yesterday to discuss opportunities for business cooperation and expansion.The meeting with the Jeonnam Trade Mission was organised at the Crowne Plaza in Vientiane by the Korea Trade Investment Promotion ...

VIENTIANE (Vientiane Times/ANN) – Traders in the northern provinces of Laos now have fewer options for getting their goods into China after Chinese authorities banned imports through local border checkpoints.All products, including agricultural goods, can now enter China only at the main international border crossing ...

VIENTIANE (Vientiane Times/ANN) – More Lao businesses, especially small and medium-sized enterprises (SMEs), are set to benefit from attending trade fairs in foreign countries in the near future.A workshop on the topic was organised at Lao-ITECC in Vientiane last week on the sidelines of the ...