News

Laos’ trade deficit increases in first quarter of 2019

VIENTIANE (Vientiane Times/ANN) – The value of Laos’ combined exports and imports in the first quarter of 2019 amounted to 1.53 percent less than during the same period last year, excluding the value of electricity imports and exports.Total trade value in the first three months ...

News Desk

Laos lowers target for trade value with South Korea

VIENTIANE (Vientiane Times/ANN) – Laos has reduced its trade value target including for both imports and exports with South Korea this year compared to the figure for last year after a drop in the annual trade value by both countries.Last year, the trade target for ...

News Desk

Made in Laos fair postponed to July after fire damages venue 

The 10-day Made in Laos exhibition, which was set to open on Friday morning, will now take place in July after a fire broke out at the Lao International Trade Exhibition and Convention Centre (Lao-ITECC) and engulfed over 20 stalls.Close to 400 stalls had been ...

Phomphong Laoin

Made in Laos 2019 to showcase nation’s export potential

VIENTIANE (Vientiane Times/ANN) – Laos is hoping to raise the profile of domestic products in regional and international markets through the annual Made in Laos Fair with a focus on trade, business-matching and training sessions.This year, the 6th Made in Laos will take place at ...

News Desk

Laos eyes increased exports to China, drop in imports

VIENTIANE (Vientiane Times/ANN) – Lao exports to China this year are expected to increase to US$1,510 million, while imports will decline to US$985 million, according to the latest projections from the Ministry of Industry and Commerce.Last year, Laos planned to earn US$1,478 million from exports ...

News Desk

Champassak to host Intellectual Property Fair

CHAMPASSAK, Laos (Vientiane Times/ANN) -The Ministry of Science and Technology held a press conference last Friday to announce the programme of the Intellectual Property Fair 2019 which will take place in Champassak province from April 24-28.The fair will feature about 162 booths promoting Laos and ...

Phetphoxay Sengpaseuth

Border trade, price checks to continue during Pi Mai holiday

VIENTIANE (Vientiane Times/ANN) – The price of food products will be controlled during the Lao New Year (Pi Mai Lao) holiday and all international borders will continue their import and export services over this period.Services at international border crossings will not be disrupted during the ...

News Desk

Secretariat proposes government-wide approach to facilitate trade

VIENTIANE (Vientiane Times/ANN) – The Trade Facilitation Committee Secretariat (TFCS) is proposing the forming of trade implementation units in various ministries that are assigned as members of the secretariat to assist with its work and budget planning.The proposal will be put to the government for ...

News Desk

Lao govt to strive for imports, exports to value US$11.29 billion in 2019

VIENTIANE (Vientiane Times/ANN) – The government will strive to achieve imports and exports of more than US$11 billion this fiscal year, including exports of US$5.516 billion and imports of US$5.775 billion.These figures were outlined on Tuesday at the annual meeting in Vientiane of the industry ...

News Desk

Laos accelerating efforts to facilitate trade: DPM

VIENTIANE (Vientiane Times/ANN) – Laos is in need of intensive cooperation amongst all parties concerned to promote various key measures to boost its world ranking in ease of doing business after the government was unable to meet its target.Last year, the government had committed to ...

News Desk

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