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The Prime Minister has issued a decision on the authorization to provinces and the capital for making decisions on the licensing of exportation of plantation timber for round wood (logs) and sawed wood (processed) in order to comply with government policy on plantation timber for export and facilitate business entrepreneurs by reducing unnecessary procedures for exporting planted timber. ...Read
The President of the Lao People’s Democratic Republic has issued Decree No. 081/PO, dated 3 February, 2014 on the promulgation of Article 19 (amended) to replace Article 19 (old) of the Law on Value Added Tax No. 04/NA, dated 26 December, 2006. ...Read
Department of Standardization and Metrology, Ministry of Science and Technology on behalf of the National Standard Agency has completed the improvement and endorsed the National Standard List officially. ...Read
Lesotho has officially launched its own Trade Portal on 26 March 2014. The Lesotho Trade Portal was developed with the source code of the Lao PDR Trade Portal after an agreement was made through a Memorandum of Understanding (MOU) between the Minister of Industry and Commerce, Lao PDR and the Minister of Trade and Industry, Kingdom of Lesotho....Read
Lao PDR will initiate setting up of monitoring and administrating the import and distribution of fuel by using an advanced automation system after Government has given permission for a concession to the Bouathiplao Company Limited for setting up the system at every border throughout the country. The company has given a commitment to complete the system within 10 months. The project is worth 15 million USD....Read
Japan is a developed country that has high demand for agricultural products from Asian countries, also from least developed country like Lao PDR, because they have organic agriculture products and raw materials with great potential, but the obstacle for domestic entrepreneurs is lack of specialization on international trade regulations including the various procedures that will facilitate the export. ...Read