Economy and commerce

Northern project aiming to boost exports, ease poverty

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce and the Enhanced Integrated Framework (EIF) have launched a new effort to increase the country’s exports and support investment in business development.Targeting sectors in the three northern provinces of Laos where improvements would directly increase ...

News Desk

Plan Launched To Help Laos Integrate Into Global Trade

(KPL) The European Union Ambassador to the Lao PDR Léon Paul Faber, the Minister of Commerce and Industry Khemmany Pholsena and EIF Executive Director Ratnakar Adhikari launched on Mar 11 the strategic plan 2019-2022 of the Enhanced Integrated Framework (EIF): Forging New Paths for Least Developed Countries in global ...

KPL

Laos expected to benefit from US-China trade war

VIENTIANE (Vientiane Times/ANN) – Laos is one of the Southeast Asian nations that may benefit from the ongoing trade dispute between the US and China, but the government should also take steps to improve the investment environment.These are among the conclusions of a report from ...

News Desk

Thai Perfume Company “Ceresa” Penetrates Lao Markets

(KPL) Ceresa Thai Perfumes, a main sponsor of Miss Laos Contest 2019, on Mar 10 opened its country branch at ITECC Mall, Vientiane on the sidelines of Top Thai Brands 2019.Ceresa-branded perfumes have been available in Laos since late 2018 and our customers here are both ...

KPL

Businesses keen to apply best practices in logistics

VIENTIANE (Vientiane Times/ANN) – Laos will need to pay serious attention to making logistics more efficient through the application of the world’s best practices, as the country is now integrated regionally and internationally, a top business chamber official said.Executive Vice President of the Lao National ...

News Desk

Laos, China’s Guangdong eye new areas of investment

VIENTIANE (Vientiane Times/ANN) – Laos and China’s Guangdong province are aiming for a further increase in trade and investment volumes after their bilateral trade value was recorded at US$270 million last year, according to a senior Chinese official.In addition, five investment projects were launched in ...

News Desk

Laos, Vietnam strengthen investment cooperation

VIENTIANE (Vientiane Times/ANN) – Laos and Vietnam are strengthening investment cooperation including planning and management of both the government and private sectors as well as sharing lessons in economic development.These issues were covered at a meeting in Vientiane on Thursday which was co-chaired by Deputy ...

Souksamai Boulom

Laos suspends pig, pork imports from China, Vietnam

VIENTIANE (Vientiane Times/ANN) – The Lao government has announced the temporary suspension of pig and pork product imports from China and Vietnam after African Swine Fever outbreaks in these countries.The notification was issued by the Ministry of Agriculture and Forestry recently with the aim of ...

News Desk

Lao president hopes to see Sun Paper bring more benefits to locality

VIENTIANE, March 10 (Xinhua) — Bounnhang Vorachith, general secretary of the Lao People’s Revolutionary Party Central Committee and president of Laos, inspected the Sun Paper Holdings Laos Co., Ltd. (Sun Paper Laos) on Sunday, hoping that the Chinese company will further help promote local economic ...

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Laos, Thailand targeting US$12 billion in bilateral trade by 2021

VIENTIANE (Vientiane Times/ANN) – Laos and Thailand have committed to increasing bilateral trade volume by 10 to 15 percent annually as the two governments expect to meet the target of US$12 billion in 2021, according to the Lao trade minister.As part of promoting an increase ...

News Desk

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