The Lao timber processing industry is still suffering from low growth compared to other countries in the region with authorities trying to improve the sector while promoting value added products.
Coffee exports from the Bolaven Plateau in southern Laos are expected to decline in the 2017 fiscal year as a result of unfavourable weather while some coffee growers have switched to cassava instead.
Laos is in need of more than 500 automotive technicians each year to supply automotive industry growth, according to industry suppliers.
CKL Co., Ltd. plans to increase production capacity from 8,000 to 20,000 shoes per week at its factory in Xiengda village, Xaysettha district, Vientiane to boost exports.
Electricite Du Laos (EDL) is set to expand the installed and generated capacity of electricity in a bid to supply growing local consumption and exports, according to EDL's latest report.
Ministry of Industry and Commerce will collaborate with relevant sectors to create awareness amongst users, business people and transporters regarding the safe maintenance, disposal, and treatment of chemicals.
Chiem Patana (Lao) Co., Ltd, a foreign investor active in the Vientiane Industry and Trade Area Special Economic Zone (VITA Park) plans to expand business after making progress with exports to Turkey proving profitable.
Huawei Consumer Business Group (CBG) became the third largest smartphone manufacturer by market share, commanding 10 percent of the total global market, according to data released by leading analyst firm, Strategy Analytics and Counterpoints Research.
Handbag makers in Laos say they still lack the opportunities they need to put their products on exhibition overseas without more official support.
Leading a new trend of industry innovation and building on its product leadership has enabled China's tech giant Huawei to enjoy robust growth and increasing popularity in recent years, a trend it expects to coninue, Huawei Lao Office CEO Patrick said.