Lao NA approves new law to safeguard local products from unfair imports

VIENTIANE (Vientiane Times/ANN) – The National Assembly (NA) on Friday approved a new law relating to anti-dumping and countervailing duties in order to protect domestic products from unfair imports.As Laos integrates into the region, it needs to enact laws to protect it from unfair trade ...

Somsack Pongkhao
http://annx.asianews.network/content/na-approves-new-law-laos-safeguard-local-products-unfair-imports-98582

Largest trade exhibition to kick off next week in Laos

VIENTIANE (Vientiane Times/ANN) – The largest professional trade exhibition of the country, Lao Top 3 Expo 2019, will kick off at the National Convention Centre in Vientiane next week and showcase products aimed at the building, construction, water supply, food and beverage and trade industries.The ...

Souksamai Boulom
http://annx.asianews.network/content/largest-trade-exhibition-kick-next-week-laos-98387

US-China trade war not impacting Laos

VIENTIANE (Vientiane Times/ANN) – The US-China trade war has yet to impact upon trade between Laos and China, a Chinese diplomat has confirmed.Speaking to Lao media in Vientiane on Thursday, Chinese Ambassador to Laos Jiang Zaidong said the trade cooperation between the two countries continued ...

Somsack Pongkhao
http://annx.asianews.network/content/us-china-trade-war-not-impacting-laos-98166

Lao Govt to facilitate export businesses

The government has removed some export businesses from its list of controlled businesses as part of efforts to boost the export of Lao goods to foreign markets, according to the Ministry of Industry and Commerce.The ministry announced recently that the government no longer regarded the ...

Times Reporters

Lao trade figures struggle to reach target

VIENTIANE (Vientiane Times/ANN) – Laos’ combined exports and imports for this year are struggling to achieve the target after figures for the first four months of the year reached only 22.7 per cent of the plan for 2019, the National Assembly (NA) reported.“The NA approved ...

News Desk
http://annx.asianews.network/content/lao-trade-figures-struggle-reach-target-97987

Lao food and beverage makers seek buyers at int’l trade fair

VIENTIANE (Vientiane Times/ANN) – Lao food and beverage producers are seeking to forge deeper inroads into international markets in a bid to grow their business and sales volume.Ten Lao food and beverage firms ranging from coffee processors to ice-cream makers last week exhibited their products ...

Ekaphone Phouthonesy
http://annx.asianews.network/content/lao-food-and-beverage-makers-seek-buyers-int%E2%80%99l-trade-fair-97752

Laos-Vietnam trade deficit set to drop to US$227 million

VIENTIANE (Vientiane Times/ANN) – The Lao government has set a target of reducing the trade deficit with Vietnam to about US$227 million this year, with the country producing more products for export.The value of imports from Vietnam to Laos is expected to touch US$985.3 million, ...

News Desk

New service charter planned to ease cross-border trade for Laos

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce plans to introduce a new service charter to reduce the time it takes to authorise imports and exports, as part of efforts to improve the business climate.The ministry’s Import and Export Department said in a ...

Ekaphone Phouthonesy

LNCCI postpones Made in Laos Fair until July

VIENTIANE (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry (LNCCI) has postponed the Made in Laos 2019 Fair until July 20-28 after a fire damaged Lao-ITECC where the event was scheduled to take place from May 10-19.A fire broke out on the ...

Phetsamone Chandala

Laos’ trade deficit increases in first quarter of 2019

VIENTIANE (Vientiane Times/ANN) – The value of Laos’ combined exports and imports in the first quarter of 2019 amounted to 1.53 percent less than during the same period last year, excluding the value of electricity imports and exports.Total trade value in the first three months ...

News Desk

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