Economy and commerce

Small and medium enterprises (SME)

Lao electricity exports increase, while imports fall

VIENTIANE (Vientiane Times/ANN) – The generation of electricity by Laos for domestic supply and export increased in the first quarter of this year, while imports dropped.Laos earned US$422 million from electricity exports in the first quarter of this year, an increase of 10.2 percent compared ...

News Desk
http://annx.asianews.network/content/lao-electricity-exports-increase-while-imports-fall-98723

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
http://annx.asianews.network/content/lao-commerce-ministry-resolves-trading-rights-issue-98717

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

Vientiane Center opens share trading on Lao stock market

VIENTIANE (Vientiane Times/ANN) – Vientiane Center Lao Public Company (VCL) has officially opened share trading on Lao stock market, becoming the first state enterprise from Yunnan province, China and the tenth company on the list of Lao Securities Exchange (LSX).The launch of the first trading ...

Phetsamone Chandala
http://annx.asianews.network/content/vientiane-center-opens-share-trading-lao-stock-market-97838

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

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