Trade policy and regulation

Laos launches national single window

VIENTIANE (Vientiane Times/ANN) – Laos has officially opened a national single window (LNSW) system at a container yard – Thanaleng – to bring in transparency and facilitate trade. This move will optimise the flow of goods for the benefit of the people of Laos. The ...

Phetsamone Chandala

Laos Improves Trade Regulations for Foreign Companies

Foreign companies that export products to Laos will no longer require a domestic business license under new trade regulations issued by the Ministry of Commerce.Mrs Khemmani Pholsena, Lao Minister of Industry and Commerce, issued a ministerial decision on June 6 ending the requirement for a domestic business ...

News Desk

Lao Commerce ministry resolves trading rights issue

VIENTIANE (Vientiane Times/ANN) – Foreign enterprises that export goods to the Lao market will no longer need a domestic business licence as the Commerce Ministry has resolved this contentious issue.The Minister of Industry and Commerce, Mrs Khemmani Pholsena, signed a  ministerial decision on June 6 authorising ...

Ekaphone Phouthonesy

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

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

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

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 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

Laos to upgrade trade facilitation framework to global standards

VIENTIANE (Vientiane Times/ANN) – The government will upgrade the trade facilitation framework to international standards by May, a top official informed a workshop on Friday.The improvement will be based on the principles, requirements, and conditions outlined in the framework of the Standards to Secure and ...

News Desk

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