September 21, 2022 ECCIL at Work, News

ECCIL EuroCham Laos Visited the New Gold Sponsor IndusTek Co., Ltd

On September 21, our staffs have represented the ECCIL EuroCham Executive Director to visit our sponsor IndusTek Co., Ltd who has upgraded their Sponsorship to Gold. ECCIL was very pleased to be welcomed by Mr. Phonesavanh Xaypanya, the Managing Director of IndusTek. Found in 2016, IndusTek has performed as one of the main executive distributors [...]
September 8, 2022 News

Laos Government Allows Foreign Legal Businesses to Survey Land

The Ministry of Natural Resources and Environment has issued a Decision allowing foreign land businesses to provide land survey and land evaluation services. A recent announcement from the ministry states that the Decision applies to individuals, legal entities, and organizations being operated in Laos by foreigners, stateless persons, and foreign-Lao nationals. Lao nationals can conduct [...]

The Market Access Opportunity Workshop (Canada & EU for Lao products)

On 29th of August, ECCIL EuroCham Laos was pleased to participate the Market Access Opportunity Workshop (Canada & EU for Lao products) co-organized by HELVETAS Laos and Ministry of Agriculture at Crowne Plaza Vientiane. The objectives of this workshop were exchanging information of the potential markets in Canada for Lao products (tea, coffee and rice), [...]

ECCIL EuroCham Executive Director participated EBO Worldwide Network bi-annual meeting

From the 8th to 10th of June, ECCIL EuroCham Executive director Thiane Khamvongsa, participated to the European Business Organisations (EBO) Worldwide Network bi-annual meeting at the European Commission in Brussels, Belgium. The bi-annual meeting of EBOs Commission services. The meeting is organised by the EBOs secretariat and the EU Commission's Directorate-General for Internal Market, Industry, Entrepreneurship and [...]

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 [...]