Isuzu Lao VSA Co Ltd ready for AEC
Isuzu Lao VSA Co Ltd ready for AEC
Isuzu Lao VSA Co Ltd is ready for the era of economic competition with the imminent Asean Economic Community.
Since being established in 2007, the company's business has continued to grow supplying Isuzu vehicles to the Lao market.
As a result of its superior performance, Isuzu Indochina of Singapore has recently selected Isuzu Lao VSA Co Ltd as its agent to supply Isuzu vehicles nationwid e.
Their joint investment in the Savan-Seno Special Economic Zone in Savannakhet province is part of the brand's business expansion to welcome the Asean Economic Community, aiming to provide services for Laos and the region.
President of Isuzu Lao VSA Co Ltd Mr Sengthong Norasing told Vientiane Times recently that, “Our company began operating its business in 2007 and we officially opened for the sale of Isuzu trucks i n 2015.”
“With the AEC taking place, Isuzu Indochina has selected our company as its partner to provide services for this region. Our services will include organising training for mechanics and serving as an after-sales service centre and providing spare parts to the whole country.”
Mr Sengthong is a Lao businessman who trusted the Party and government's leadership, saying the key success of his business operation was a result of the Party and government's policies to facilitate the business sector.
He said the Party and government had the correct policies to develop the nation, and this has resulted in the continued growth of the Lao economy over the last 40 years.
The correct policies of the Party and government created favourable conditions for people to do businesses and generate job opportunities for Lao people to improve their living standards.
He said another factor in his business accomplishments was operating honestly and responsibly. Despite the rising competitiveness in the vehicle business, the company's executive board was able to accomplish its set goals, reflecting their capable leadership.
Over the past eight years, Isuzu Lao VSA Co Ltd has not only contributed to the economic growth of the country but has also assisted society.
“Apart from assisting society and paying our tax obligations, we also assist cultural events, sports and support significant events of the country,” he said.
In 2015, his company was granted a medal from the Lao Federation of Trade Unions for its contribution to society and its excellent treatment of staff.
Mr Sengthong was born in Paek district, Xieng Khuang province. He moved to live in Vientiane in 1978, starting a business by buying scraped metal and wild non timber forest products to sell in other countries.
Then he moved to a number of businesses before starting to sell motor vehicles in 2007.
