Official Website
Lao Services
Portal
Register | Login

News
Public consultation meeting on draft decree on electronic commerce of the Lao PDR on 6th December 2019, at Landmark Hotel, Vientiane.
Summary
Public consultation meeting on draft decree on electronic commerce of the Lao PDR took place on 6th December 2019, at Landmark Hotel, Vientiane. The event was chaired by H.E. Bounmy Manivong, Deputy Minister of Industry and Commerce with more than 60 invited guests from public and private sectors. The primary purpose of this meeting was to publicly discuss the draft, in order to make its content more comprehensive. The draft is expected to be introduced at a government meeting in early 2020 after the draft finalized.
Updated on: 2020-01-06 00:00:00

Public consultation meeting on draft decree on electronic commerce of the Lao PDR took place on 6th December 2019, at Landmark Hotel, Vientiane. The event was chaired by H.E. Bounmy Manivong, Deputy Minister of Industry and Commerce with more than 60 invited guests from public and private sectors. The primary purpose of this meeting was to publicly discuss the draft, in order to make its content more comprehensive. The draft is expected to be introduced at a government meeting in early 2020 after the draft finalized.

In the meeting, HE. Bounmy Manivong mentioned that in the globalization age of rapid digital transformation, both trades in goods and services were disrupted by digital transformation resulted in a new highly effective business model or so-called eCommerce. In theory, this business model can be an essential driver of economic growth in the complementary world since it can reduce the costs and barriers for small and medium businesses, including micro-enterprises, as to market access. Furthermore, consumers also obtain benefits by approaching more variety of goods and services at lower prices.

Along with the increasing number of a high rate of internet penetration, retailing business through electronic mean has mushroom emerged in the Lao market. There are a number of electronic marketplaces (eCommerce platform) and online vendors informally operating in Laos without proper legal status. On the first hand, it could negatively affect the public trust and confidence in eCommerce and on the second hand, without proper surveillance from the public sector, the legitimate interest of consumers could be jeopardized. Moreover, while the sector is growing, the regulation in this specific area has not been compressively put in place yet. Then, the Ministry of Industry and Commerce in collaboration with Ministry of Posts and Telecommunication, Ministry of Sciences and Technology, Bank of Lao PDR, and other government agencies prepared this draft to fill the legal gab with core objectives to protect a legitimate rights of customer and provide a sound legal environment for Lao eCommerce to thrive, (said by HE Bounmy).


Most Recent News

Search All News
Keyword
Category
From Date
To Date

Showing 1 - 20 of 37 items
TitleCategory
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
Workshop on Trade in Goods Agreement and Border Trade of Lao PDR and Workshop on Guidebook and Curriculum on Laos Economic Integration into Global and Regional Economy, during 14 - 15 February 2019, at Department of Industry and Commerce, Savannakhet ProvNews
Meeting of the committee to draft the decree on electronic commerce (e-commerce) of the Lao PDR , on 12 February 2019, at Settha Palace Hotel, Vientiane Capital. News
Official Launch of Department of Foreign Trade Policy website on 05 February 2019, at Ministry of Industry and Commerce. News
Workshop on Guidebook and Curriculum on Laos Economic Integration into Global and Regional Economy and Workshop on Dissemination for Lao Services Portal (LSP) Date 10-11 September 2018, Savanhnakhet Province. News
Workshop on the identification and classification of services measures for Lao services Portal (LSP) on 17 August 2018, at Khampaseuth hotel, Vientiane Province News