March 4, 2021 News

Laos Issues Consumer Protection Decision for Telecommunications and Internet Services

Our member Tilleke & Gibbins shared that Laos Issues Consumer Protection Decision for Telecommunications and Internet Services, on 7 January 2021. In Laos, the legal means to achieve consumer protection are limited; the main piece of legislation, the Law on Consumer Protection No. 02/NA, dated June 30, 2010, enunciates a series of principles that are [...]
March 2, 2021 News

The report on “Leveraging export potential and tariff advantages to attract foreign direct investment into Lao PDR: wood processing and coffee”

Responding to the changing environment caused by the global COVID-19 outbreak, ITC conducted two sector specific COVID-19 rapid assessments to reflect any changes in the two sectoral export roadmaps, which are being developed as part of the ARISE Plus project. The reports highlights the key results of the assessment on the wood processing and coffee [...]
February 26, 2021 News

Officials and business operators gather for a meeting of the SME Promotion Fund

The Fund for the Promotion of Small and Medium Size Enterprises (SME Promotion Fund) will focus on strengthening expertise in businesses, including microenterprises, to prevent further non-performing loans. The plan was revealed at an annual meeting of the Fund held last week to review the work carried out in 2020 and discuss the plan for [...]
February 26, 2021 News

Notification on the use of Lao National Single Window System

Lao National Single Window (LNSW) – The Ministry of Finance has issued an official notification of the use of the computerised platform of the LNSW system at all international borders and airports in Laos to simplify and make the import-export and movement of goods and cargo more efficient. The notification states that the system will [...]
February 22, 2021 News

New Taxpayer Identification Numbers (“TIN”) for Individuals

Our member DFDL shared that the Ministry of Finance has issued a Notification (№ 0831/MoF) regarding the issuance of Taxpayer Identification Numbers (“TIN“) for individuals, on 10 February 2021. Under the new Notification, local and foreign individuals, including civil servants, officials, soldiers, police, businesspeople, retailers and online sellers, sportspersons, performers, technicians, experts, consultants, employers, employees, […]

February 19, 2021 News

Investment Reform Map for Lao PDR

According to a new report released by IFC, it is suggested that developing a holistic investment strategy along with continued regulatory reforms will help Lao PDR attract more diverse and higher-quality FDI. The approach will allow the country to expand its economy, generate more jobs, and achieve shared prosperity. Over the past 15 years, FDI [...]
February 17, 2021 News, Uncategorized

Official Launch of a series of SME Capacity Building Training Video, Job Application Training and Female Mentorship

On Wednesday 17th of February 2021, ECCIL EuroCham Laos held a Press conference to officially launch a series of SME capacity building training videos, Job application training and Female Mentorship. The event was attended by the Ambassador of the Federal Republic of Germany, H.E. Jens Luetkenherm, Vice President of Lao National Chamber of Commerce and [...]
February 16, 2021 News

Breakfast talk on How Millennials are Changing Organisations

It was wonderful to start the day with delicious breakfast and effective knowledge. In the morning of 16th of February 2021, ECCIL EuroCham Laos conducted the Breakfast Talk on "How Millennials are Changing Organisations" with the participation of members and non-members. Our panelists who are from millennials and GenX discussed and shared insights about millennials [...]
February 15, 2021 News

Laos to Register Taxpayer Identity Numbers for Individuals

Authorities have announced that Lao citizens and foreigners with income in Laos must register for a taxpayer identification number. According to a notice issued by the Ministry of Finance on 10th of February 2021, all persons liable to personal income, including Lao citizens and foreigners throughout the country, must register a taxpayer identification number. The [...]