Official Website
Lao Services
Portal
Register | Login

News
Meeting of seeking comments on draft decree on electronic commerce of the Lao PDR took place during 24-26 October 2019, at Riverea Hotel, Thakeak District, Khammaun Province.
Summary
Meeting of seeking comments on draft decree on electronic commerce of the Lao PDR took place during 24-26 October 2019, at Riverea Hotel, Thakeak District, Khammaun Province. The event was co-chaired by H.E. Bounmy Manivong, Deputy Minister of Industry and Commerce, and Mr. Bounmy Phimmasone, Provincial Party Committee, Deputy Governor of Khammaun Province, with invited guests from related line ministries and sectors, from 07 Provinces in middle and southern parts of Laos, namely: Bolikhamsay; Khammaun; Savanhnaket; Champasack; Sekong; Salavan and Uttapeu, for more than 68 persons actively attended to the said meeting.
Updated on: 2019-11-07 00:00:00

Meeting of seeking comments on draft decree on electronic commerce of the Lao PDR took place during 24-26 October 2019, at Riverea Hotel, Thakeak District, Khammaun Province. The event was co-chaired by H.E. Bounmy Manivong, Deputy Minister of Industry and Commerce, and Mr. Bounmy Phimmasone, Provincial Party Committee, Deputy Governor of Khammaun Province,  with invited guests from related line ministries and sectors, from 07 Provinces in middle and southern parts of Laos, namely: Bolikhamsay; Khammaun; Savanhnaket; Champasack; Sekong; Salavan and Uttapeu, for more than 68 persons actively attended to the said meeting.

The primary purpose of this meeting was to seek comments, from both government and provincial business sectors, on draft decree on electronic commerce of the Lao PDR, in order to make its content be comprehensive. The draf is expected to be introduced at Government meeting in early 2020 after the completion of seeking comments accorss the country.

Towards the trend of modern technology growing rapidly, it has been intergrated with trade in goods and services through electronic platform, which it is called “e-commerce”. This could be considered as new highly effective and essential business model since the development of e-commerce is expected to reduce the costs and barriers for small and medium businesses, including micro-enterprises, as to market access and distribution. Furthermore, consumers also obtain the benefits by approaching variety of goods with lower prices, said by H.E. Bounmy.

Recently,  the existing laws and regulations could not fully cover to e-commerce sector, which may impact to consumer confidence as this business model has no legal status. Therefore, the Ministry of Industry and Commerce, in cooperation with related line ministries and sectors, has drafted the decree on electronic commerce to address on this matter, he said.


Most Recent News

Search All News
Keyword
Category
From Date
To Date

Showing 1 - 20 of 42 items
TitleCategory
Lao PDR Hosts ASEAN-China Meeting on How to Combat COVID-19News
Luangnamtha Province to Become New Regional Transport HubNews
Retail price of face masks has been set to keep the price at a level that people on low incomes can afford.News
Laos Suspends Visas at Checkpoints Bordering ChinaNews
D53 and Smart VAT2 systems have been launched officially at the first International Lao-Thai Friendship Bridge in Vientiane on 17 January 2020.News
Xiengkhuang provincial authorities are preparing to notify the hotels and guesthouses in the province on lowering their price by 20% during the cerebration of 11th National GamesNews
Public consultation meeting on draft decree on electronic commerce of the Lao PDR on 6th December 2019, at Landmark Hotel, Vientiane. News
The opportunity and Challenge of Digital System Toward the Socio-Economic Development in Lao PDR News
Laos Receives World Heritage Certificate for Plain of JarsNews
Governor of Bank of the Lao PDR Explains Reasons for "Weak KIP"News
Meeting of seeking comments on draft decree on electronic commerce of the Lao PDR took place during 24-26 October 2019, at Riverea Hotel, Thakeak District, Khammaun Province. News
BCEL cooperates with Swift Pass and NTT DATA to facilitate the payment via WeChat Pay and AliPay in Lao PDRNews
In-country refersher training and technical assistance workshops to prepare negative list sechedules under took place on 14 – 16 october 2019, at lao plaza hotel, vientiane capital. News
Laos’s Major Telecom Operators Preparing for 5G NetworkNews
The 27th Regional Comprehensive Economic Partnership (RCEP) for Trade Negotiating Committee Meeting (TNC) and Related Meetings on 22 - 31 July 2019 in Zhengzhou, China. News
The celebration on Micro, Small and Medium-Size enterprise’s day (MSME)News
The 1st Project Review Committee Meeting for Lao PDR Competitiveness and Trade Project (LCT) took place on 18 June 2019, at Crowne Plaza Hotel, Vientiane Capital.News
Workshop on Guidebook and Curriculum on Laos Economic Integration into Global and Regional Economy on 10 May 2019, at Ministry of Industry and CommerceNews
The 25th Regional Comprehensive Economic Partnership (RCEP) for Trade Negotiating Committee Meeting (TNC) and Related Meetings on 19 - 28 February 2019 in Bali, Indonesia.News
Capacity building and outreach on ASEAN Solutions for Investments, Services and Trade (ASSIST) on 28 February - 01 March 2019, at Lao Plaza Hotel, Vientiane Capital. News