Economy and commerce

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce has launched the Lao PDR Competitiveness and Trade (LCT) Project, which aims to create an enabling environment for all businesses, including micro, small, and women-owned and managed businesses.The kick-off meeting for the project on Friday ...

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 ...

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) ...

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 ...

VIENTIANE (Vientiane Times/ANN) – The Ministry of Planning and Investment has informed Vientiane and provincial authorities of the key documents to be complied with in efforts to improve the ease of doing business and investment in Laos.More ...

VIENTIANE (Vientiane Times/ANN) – The International Monetary Fund (IMF) will continue to support Laos in its aims to strengthen financial administration.More ...

The Bank of the Lao PDR must introduce more concrete measures to keep the value of the kip stable, otherwise the country will face a big challenge in keeping the cost of living at an acceptable level, according to a report from the Lao National ...

Laos is now actively working to improve the business environment and facilitate trade as part of supporting the government’s policy to improve the ease of doing business.To this end, the government of Australia last Friday approved AUD4.5 million (over US$3.1 million) to support ease of ...

The government has committed to continued efforts in improving the nation’s business climate as it plans to diversify the economic base and secure sustainable growth.More ...

PHNOM PENH: Japanese optical glass maker Hoya Corp will build a huge plant in Laos to manufacture glass substrates for hard disk drives in response to growing demand from ballooning global data traffic.More ...