E-commerce platform to promote Lao products to AEC

Jan 26th at 07:57
26-01-2016 07:57:21+07:00

E-commerce platform to promote Lao products to AEC

A new benchmark e-commerce platform is set to promote Lao pr oducts to the Asean Economic Community within the next few months, according to a local entrepreneur.

All Lao products, property and other trade will be listed online at www.laomall.la with a specific emphasis on promoting the nation within the AEC.

Chairman and CEO of AEK Group Company Limited, Mr Oudasack Lasoukanh, told Vientiane Times on Friday that he got the idea from overseas visits and was determined to adapt the concept to Laos.

“I saw so many websites in other countries promoting their products and asked myself why we can't do that here in Laos,” he said.

Mr Oudasack said Laos was focusing on turning itself into a land-linked nation to integrate with other Asean Community members.

“We are a landlocked country so becoming a land link is a good way to promote local produc ts to the region and I see the e-commerce platform as being important to this,” he said.

The AEK Group has gathered local IT engineers to develop the platform since October 2015 while adhering to the Law on Electronic Transactions.

The platform is expected to be fully operational in the next two months but a beta version can already be accessed. The company is working with the Ministry of Science and Technology as well as the One District, One Product (ODOP) initiative in the development, and to upload local products onto the site.

The company last week signed an e-commerce and ICT cooperation agreement with the Lao Development Bank and plans to collaborate with logistics companies on product deliveries.

“We will sell everything through the platform except prohibited items like drugs, alcohol, weapons and other things,” Mr Oudasack said.

The website will not only sell local products Laos but is welcoming those from other countries, particularly Asean nations.

“Lao people can buy something from Vietnam or Thailand and those people can also buy things from Laos,” he said.

Vientiane Times found several websites selling similar products online but the AEK Group e-commerce platform is som ewhat different, having formalised cooperation with related sectors and banks.

“We would like to make the site perfect before officially launching it in the next two months,” Mr Oudasack said.

vientiane times



NEWS SAME CATEGORY

UK helps Lao businesses grow with British supply chain

The British Government has introduced free matching services to help Lao companies and entrepreneurs find the suppliers they need. Companies can sign up for this...

Xekong eyes surge in export value thanks to hydropower

Xekong provincial authorities expect the value of exports to increase by at least 150 percent this year following the generation of electricity by recently built...

Champassak reports on GDP growth

Champassak province expects to achieve 50 percent of the yearly targeted GDP plan over the first six months of the fiscal year 2015-16, according to the province's...

Asean, EU boost economic and trade cooperation

Following the development of the Asean Economic Community, Asean members and the European Union will step up economic and trade relations in a bid to promote Asean...

Huaphan eyes growth exceeding 9 percent

Huaphan provincial authorities are projecting economic growth to reach 9.97 percent this fiscal year with GDP (gross domestic product) forecast to exceed 2.1...

Farming helps to boost revenue growth in Saravan

Saravan province expects last year's income to grow by about 30 percent tha nks to increased farming output when final figures are calculated next month.

First meeting of Asean officials for SEOM begins

Senior economic officials from the Asean countries are gearing up to discuss several issues as they prepare for the 47th Asean Economic Ministers Meeting (SEOM 47)...

Luang Prabang eyes increase in exports

Luang Prabang's provincial industry and commerce sector this fiscal year plans to increase exports by about 15 percent or 687.97 billion kip on the back of growth...

Nam Ngum reservoir enjoys tourist resurgence

The Nam Ngum reservoir in Vientiane province is attracting increasing numbers of investors with more domestic and foreign tourists visiting the area last year.

Xayaboury requires 2 trillion kip for development

Xayaboury province requires more than 2 trillion kip to invest in socio-economic development projects if it is to meet its goal of 9 percent growth per annum this...


MOST READ


Back To Top