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Agriculture ministry partners with private sector to boost innovation

Agriculture ministry partners with private sector to boost innovation The Ministry of Agriculture and Forestry has entered into public-private partnerships under an AIF Group project to foster market-driven innovations in production, processing, marketing and market access in agricultural value chains. The AIF cooperation agreements were signed recently by representatives of the Thaxang Organic Production Cooperative, [...]
January 12, 2022 Lao PDR Economy

Government looks to attract over 700 companies to SEZs

Government looks to attract over 700 companies to SEZs The government will attempt to attract more investors in Special Economic Zones (SEZ) in order to create jobs for local people and generate more revenue for the state budget. The Special Economic Zones Management Committee of the Special Economic Zone Promotion and Management Office under the [...]
January 10, 2022 Lao PDR Economy

LNCCI awards for outstanding businesses for contributions to national economy

LNCCI awards for outstanding businesses for contributions to national economy A total of 106 companies from 13 sectors across Laos have received the “Top LNNCI Business Leader for 2021 in relation to the Covid-19 Response Award (New Normal)” in recognition of their outstanding performance and contributions during the pandemic. Prime Minister Phankham Viphavanh presided over [...]
January 7, 2022 Lao PDR Economy

Laos earns US$900 million from agricultural exports

Laos earns US$900 million from agricultural exports Bananas were the highest earner, bringing in US$225 million, while the export of rubber earned US$214 million, cassava sales brought in US$196 million, sugarcane earned US$25 million, and watermelon exports earned US$26 million. The figures were reported by Deputy Prime Minister, Minister of Planning and Investment, Dr Sonexay [...]

Minister of Industry and Commerce visits SMEs that received support from the government’s SME Promotion Fund to review their operations.

Minister of Industry and Commerce visits SMEs that received support from the government’s SME Promotion Fund to review their operations. Officials from the Ministry of Industry and Commerce (MoIC) and other sectors on Tuesday visited three business units in Vientiane that received support from the government’s SME Promotion Fund to review their operations. Funds from [...]
December 29, 2021 Lao Legal Framework

Commerce ministry strengthens copyright rules with online system

Commerce ministry strengthens copyright rules with online system Ministry of Industry and Commerce officials last Monday met to assign work and administrative duties to the Intellectual Property Department and the Vientiane Industry and Commerce Department as well as provincial Industry and Commerce Departments. The administrative duties assigned by the ministry included management of the decentralization [...]
December 20, 2021 Membership

Phongsavanh Insurance provided free insurance coverage on ambulance vehicles and Personal Accident Insurance volunteers of Vientiane Rescue (1623)

Phongsavanh Insurance (APA) Co., Ltd provided free insurance coverage on ambulance vehicles and Personal Accident Insurance volunteers of Vientiane Rescue (1623). On December 15, our Silver Sponsor, Phongsavanh Insurance (APA) Co., Ltd (“Phongsavanh Insurance”) handed over to Vientiane Rescue (1623) with motor insurance with coverage over LAK 100,000,000 for 11 ambulance vehicles and Personal Accident [...]
December 16, 2021 Lao PDR Economy

Laos confirms to reopen for tourists in 1 January 2022

Laos confirms to reopen for tourists in 1 January 2022 Laos has confirmed 1 January 2022 as its official reopening date, according to a notice issued by the Prime Minister’s Office. The notice was issued in 15 December signed off by Head of the Office of the Prime Minister’s Office, Khamchen Vongphosy. According to the [...]
December 15, 2021 Lao PDR

The United Nations General Assembly has adopted a resolution that will see the graduation of Laos from the least developed country category

The United Nations General Assembly has adopted a resolution that will see the graduation of Laos from the least developed country category. Laos, along with Bangladesh and Nepal will officially graduate from the least developed country (LDC) category after the UN General Assembly adopted a resolution on the three nations in November 2021. According to a statement [...]
December 8, 2021 Lao PDR Economy

Public, private sectors gear up for return of tourists

Public, private sectors gear up for return of tourists The public and private sectors are making plans to reopen Laos to fully vaccinated tourists in 2022, although the details regarding quarantine upon entry are still being debated. The Ministry of Information, Culture and Tourism outlined the plans at a Public and Private Sector Consultation Meeting [...]
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