News

Special economic zone authority to issue certificates of origin

The government plans to promote and facilitate investments in the national capital’s economic zone by streamlining the issuing of preferential certificates of origin in the szone. The Department of Import and Export under the Ministry of Industry and Commerce recently assigned the authorisation to the Vientiane Special Economic Zone Authority Office for issuing the preferential [...]

Lao Govt. Raises Minimum Wage for Private Sector Employees

Lao PDR Raises Statutory Minimum Wage from August 2022. As the costs of essential commodities continue to soar, driven by the unfettered weakening of the Lao Kip, the pandemic, and other external factors, many people on Lao PDR are having a hard time making ends meet. The government has agreed to increase the monthly minimum [...]

Cryptocurrency Trade Adds Millions of Dollars to State Budget

Several million dollars have been generated from the trade in cryptocurrency after the government authorised 13 companies to operate a digital currency business, the government told the National Assembly (NA). Eleven of the 13 companies have carried out transactions in digital currency. Ten of the companies have handed over US$4.5 million (more than 66 billion [...]

Laos launches “single window” customs system at second border crossing

Our member, The Lao National Single Window (LNSW)  launches “single window” customs system at second border crossing. The system has been put into operation at the Boten International Customs Checkpoint in Luang Namtha province and is the second to be installed after the first system was set up at the Lao-Thai Friendship Bridge 1 International [...]

The 2nd Lao-Europe Business Networking & Promotion Event in Luang Prabang

ECCIL EuroCham and the European Union in Laos co-organized the 2nd Lao-Europe Business Networking and Promotion Event in Luang Prabang on Friday, May 27th, 2022. The event was attended by Mr. Khamtan Somphanvilay, Deputy Director of Division of Industry and Commerce in Luangprabang, and Mr. Bounthieng Soulivan, President of Luangprabang Chamber of Commerce and Industry. It was [...]

Lao-Europe Business Networking and Promotion Event in Vientiane

ECCIL EuroCham and the European Union in Laos co-organized the 1st Lao-Europe Business Networking and Promotion Event in Vientiane on Monday, May 23rd, 2022. The event was attended by H.E. Dr. Sinava Souphannouvong, Deputy Minister of Energy and Mines, several representatives from the Ministry of Industry and Commerce, the Ministry of Public Works and Transport [...]
May 20, 2022 Lao PDR, News

Unilever Laos: new Gold Sponsor

We are pleased to announce Unilever Laos as the newest GOLD Sponsor of ECCIL EuroCham Laos! Unilever is the multinational consumer goods company and has been pioneers, innovators and future-makers for over 120 years. Unilever brands give the company a unique opportunity to create positive change, to grow their business, and to achieve their purpose [...]

Lao Govt Aims to Improve Public Procurement Process.

Efficient management of the government’s budget was essential to strengthen the economy and improve the government’s procurement process, said by a senior official from Deputy Minister of Finance, Dr Bounleua Sinxayvoravong. He was speaking at the launch of the Lao public procurement website, supported by the EU through the World Bank. The objective of the […]

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