Border bottlenecks hinder Lao imports: Study

VIENTIANE (Vientiane Times/ANN) Limited procedural knowledge amongst both government authorities and traders at border areas is being blamed as the cause of trade bottlenecks at borders between Laos, Thailand and Vietnam.However, while problems in some areas are well known, a study conducted by the Department ...

News Desk

Laos lowers target for trade value with South Korea

VIENTIANE (Vientiane Times/ANN) – Laos has reduced its trade value target including for both imports and exports with South Korea this year compared to the figure for last year after a drop in the annual trade value by both countries.Last year, the trade target for ...

News Desk

Made in Laos fair postponed to July after fire damages venue 

The 10-day Made in Laos exhibition, which was set to open on Friday morning, will now take place in July after a fire broke out at the Lao International Trade Exhibition and Convention Centre (Lao-ITECC) and engulfed over 20 stalls.Close to 400 stalls had been ...

Phomphong Laoin

Laos lowers target for earnings from sugar exports

VIENTIANE (Vientiane Times/ANN) – Laos has reduced its target for earnings from sugar exports compared to the figure for last year after a drop in annual revenues from exports of the commodity.Last year, the target for sugar exports was US$92.4 million, but total earnings amounted ...

Khamphone Syvongxay

Made in Laos 2019 to showcase nation’s export potential

VIENTIANE (Vientiane Times/ANN) – Laos is hoping to raise the profile of domestic products in regional and international markets through the annual Made in Laos Fair with a focus on trade, business-matching and training sessions.This year, the 6th Made in Laos will take place at ...

News Desk

Lao PM orders inspection of procedures at border crossings

VIENTIANE (Vientiane Times/ANN) – Prime Minister Thongloun Sisoulith has called for the formation of a taskforce to carry out checks at border crossings in a bid to facilitate cross-border trade and services, while plugging revenue leaks.The premier issued the instruction as part of the government’s ...

Souksakhone Vaenkeo

Laos' rice exports expected to fall following 2018 floods

VIENTIANE (Vientiane Times/ANN) – Laos is anticipating reduced income from rice exports in 2019 in the wake of widespread flooding across the country last year.The country set a target of US$45.6 million for rice exports last year but could only achieve US$31.4 million, according to ...

News Desk

Laos eyes increased exports to China, drop in imports

VIENTIANE (Vientiane Times/ANN) – Lao exports to China this year are expected to increase to US$1,510 million, while imports will decline to US$985 million, according to the latest projections from the Ministry of Industry and Commerce.Last year, Laos planned to earn US$1,478 million from exports ...

News Desk

Champassak to host Intellectual Property Fair

CHAMPASSAK, Laos (Vientiane Times/ANN) -The Ministry of Science and Technology held a press conference last Friday to announce the programme of the Intellectual Property Fair 2019 which will take place in Champassak province from April 24-28.The fair will feature about 162 booths promoting Laos and ...

Phetphoxay Sengpaseuth

Border trade, price checks to continue during Pi Mai holiday

VIENTIANE (Vientiane Times/ANN) – The price of food products will be controlled during the Lao New Year (Pi Mai Lao) holiday and all international borders will continue their import and export services over this period.Services at international border crossings will not be disrupted during the ...

News Desk

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