Economy and commerce

Small and medium enterprises (SME)

Lao food expo to cook up new business opportunities

The first Lao International Food Expo expects to expand local business export opportunities and encourage enterprises to expand distribution networks for their food products.Speaking at a press conference on Wednesday, Chairman of the Pas Project Company, Mr Souknikorn Lathsavong, said the expo will be held ...

Times Reporters

Lao Chamber to open SME service centre in Champassak

CHAMPASSAK, Laos (Vientiane Times/ANN) – The Lao National Chamber of Commerce and Industry is expanding the Small and Medium Enterprises Service Cente (SSC) to Champassak province to strengthen the capacity of SMEs in the four southern provinces.Senior officials from the SME Promotion Department of the ...

News Desk

Laos-Vietnam border a pivotal part of development

Vehicles regularly carry goods into Laos from the sea port in Thanh Hoa province of Vietnam, about 250 kilometres from Huaphan province. The amount of incoming traffic is not large but the border is heavily congested with trucks ferrying goods into both countries.More ...

Times Reporters

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

LDB, LJI join forces to boost Lao SME development

VIENTIANE (Vientiane Times/ANN) – The Lao Development Bank (LDB) is partnering with the Laos-Japan Human Resource Development Institute (LJI) to boost capacity building for Small and Medium-sized Enterprises (SMEs) in Laos.A Memorandum of Understanding (MOU) under the cooperation of the Japanese International Cooperation Agency (JICA) ...

News Desk

Lao bank, business chamber establish SME consultation service

VIENTIANE (Vientiane Times/ANN) – The Lao Development Bank and the Lao National Chamber of Commerce and Industry (LNCCI) agreed yesterday to set up a consultation desk for SMEs at the Chamber.The consultation desk will provide small and medium-sized enterprises (SMEs) with advice regarding various challenges ...

News Desk

Single window customs system to facilitate import-export in Laos

The government will introduce a single window customs system in the coming weeks to facilitate import and export procedures, which it is envisaged will help to improve the overall business environment.Vehicle importers will be the first group to benefit from the Lao National Single Window ...

Souksakhone Vaenkeo

Laos' LSX publicises its operations to encourage more trading

VIENTIANE (Vientiane Times/ANN) – The Lao Securities Exchange (LSX) will continue to inform the public about stock market operations through regular cooperation with regional and international partners, to promote development of the stock market.Many Lao people still don’t understand the procedures involved in stock market ...

News Desk

No policy change despite declining motorcycle imports in Laos

VIENTIANE (Vientiane Times/ANN) – Lao authorities say there will be no alteration of the import policy on motorbikes including tax rates despite some calls for change with motorbike sales on the wane.“The government’s motorcycle import policy is not changing this year. The import tax as ...

Souksamai Boulom

Lao Food Festival 2019 Launched

(KPL) Many local residents and foreigners turned out at Chao Anouvong Park on Jan 23 for the 14th Lao Food Festival which has drawn more than 180 booths of local and foreign cuisines, agricultural products and handicrafts.Scheduled for Jan 23-26, starting from 8:00 am to 10.00 ...

KPL

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